Accounts
Fees Free and 100% guaranteed by the Bishop of Hamilton
By assisting the church in its mission and supporting the Bishop in his ministry, you become an active participant in the growth of our Diocese. All CDF accounts provide a return to CDF members and are entirely FEES-FREE, giving you the power to make a difference without any extra cost. All deposits are 100% guaranteed by the Bishop and the CDF pays interest on investments. The CDF offers a socially responsible investment option with an investment policy aligned with Catholic values.
Investment
"Park" your money while making a positive difference |
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$500 minimum deposit
3, 6 or 12 month term
Interest compounded or paid to a nominated bank account*
Withdrawals in person at CDF office or by submitting a written application
Savings
Have money on hand for when you need it |
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No minimum deposit – make lump sum deposits or save regularly
On call term
On call rate of interest paid June and December each year*
Withdrawals in person at CDF office or by submitting a written application
Funeral
Provide peace of mind for your family - a planning account for people with better things to do |
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No minimum deposit – make lump sum deposits or save regularly
Term is the duration of the account holder’s lifetime
On call interest rate added to your account annually in December*
Withdrawals not permitted during the account holder’s lifetime unless there are exceptional circumstances
Education
Save for education expenses and ease the burden of school and attendance dues payments |
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No minimum deposit – make lump sum deposits or save regularly
On call term
On call interest rate added to your account annually in December*
Board of Trustees
Invest your school's funds to grow your assets and develop your school |
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No minimum deposit – make lump sum deposits or save regularly
On call term
On call rate of interest paid June and December each year*
Withdrawals in person at CDF office or by submitting a written application
*Resident Witholding Tax deducted from interested earned.
Interest Rates
Deposit Interest Rates (as at 1 March 2023)
Rates (% per annum) & terms and conditions subject to change without notice
Investments less than $20,000 | Investments of more than $20,000 | |
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On Call | 0.30% | 0.50% |
3 Months | 1.30% | 2.1% |
6 Months | 1.8% | 2.8% |
12 Months | 2.3% | 3.3% |
For investments of $500,000 or greater, please contact us to discuss available rates
Making a Positive Difference
FOR OVER 40 YEARS
Get Started
Call us today and speak personally to one of our friendly staff. We can answer any questions you may have and arrange a time to meet with you at our premises, your home, or your workplace. Phone 07 856 6989 or contact us below.
The Catholic Development Fund Hamilton exists to help the church achieve its misson by providing loans and funding for activities that strengthen our Catholic community. The Catholic Development Fund Hamilton is part of the Catholic Diocese of Hamilton.
Address: 51 Grey Street, Hamilton East 3216
Postal Address: PO Box 4353, Hamilton East 3247
Phone: 07 856 6989
