Important update: from 1 April 2026, the Illawarra Credit Union brand – a division of Community First Credit Union – will be formally retired. Visitors to the illawarracu.com.au will now be directed to this site. More information about this change is available here.

Changes to Term Deposit interest rates

We’ve made changes to some of our savings, Term Deposits and secured Overdrafts. 

    Changes effective today, 10 April 2026

    Term Deposits
    Balances $5,000-$49,999 & balances $50,000-$99,999
    Interest rates for 3 month terms – increasing by 0.15% p.a.
    Interest rates for 6 month terms – increasing by 0.20% p.a.
    Interest rates for 12 month terms – increasing by 0.25% p.a.
    Interest rates for 2 year terms – increasing by 0.25% p.a.
    Interest rates for 3 year terms – increasing by 0.25% p.a.

    Balances $100,000-$249,999 & balances $250,000-$1,000,000
    Interest rates for 3 month terms – increasing by 0.15% p.a.
    Interest rates for 6 month terms – increasing by 0.20% p.a.
    Interest rates for 12 month terms – increasing by 0.25% p.a.
    Interest rates for 2 year terms – increasing by 0.25% p.a.
    Interest rates for 3 year terms – increasing by 0.25% p.a.



Last updated: 10 April 2026

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Community First Credit Union Limited ABN 80 087 649 938Operating as Community First Bank | AFSL and Australian credit licence 231204 BSB 512-170