Our Community
We back not-for-profits with a range of customised products and services.
We offer everyday banking, savings and investment accounts.
At NBS, we're all about supporting the community and those who support us. That's why if you are a not-for-profit organisation, we back you with a range of customised products and services, making banking easy.
NBS Cheque Interest Rates - Not for Profit | |
---|---|
Interest paid on credit balances over $5,000 | 0.05% p.a. |
Interest paid on credit balances over $50,000 | 0.50% p.a. |
Interest rates are subject to change. |
NBS Call Rates | |
---|---|
Interest rate applies to Personal, Business, Rural and Not for Profit Call Accounts | |
NBS CALL - All credit balances | 0.75% p.a. |
Interest rates are current from 10th May and subject to change. |
NBS Target Rates | |
---|---|
NBS TARGET - All credit balances | 0.25% p.a. |
Interest rates are subject to change. |
Term Investment Rates | |
---|---|
30 days | 0.50% p.a. |
90 days | 1.20% p.a. |
6 months | 2.20% p.a. |
9 months | 2.40% p.a. |
12 months | 3.00% p.a. |
24 months | 3.40% p.a. |
36 months | 3.60% p.a. |
Interest rates are current from 16th May 2022 and subject to change at any time without notice. If you make an early withdrawal, we will reduce the returns on the withdrawn funds by 2.00%; however your returns will not go below 0.05% p.a. NBS is not a registered bank. |
Take control of your day-to-day banking.
Cheque AccountInterest-bearing and perfect for short-term savings goals.
Call AccountAn account that encourages you to save, with prizes to make it more fun!
Target Saver AccountMaximise your savings with our term investment options.
Term InvestmentsNot for Profit Fees
There are NO transactions fees applied to NBS Not for Profit banking
If you wish to terminate your Term Investment before its maturity date or alter the terms of the Investment, NBS may, at its discretion charge an early withdrawal fee in the form of a 1.00% per annum reduction in the interest rate for the term of the term deposit.
Terms and Conditions
To complete the account set up, you will need to provide evidence of your organisation's not-for-profit status (e.g. Companies Office registration, a tax exemption certificate). Term Investments have a minimum deposit of $5,000 and Target accounts have a minimum deposit of $100. NBS General Terms and Conditions apply. NBS’s current Product Disclosure Statement is available free of charge at any NBS branch. Service charges may apply.
Figures correct as of 31st March 2021.