cdf_catholic_development_fund.htm
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Geraldton
CDF Branch - 7 Maitland St. Geraldton
Financial Administrator - Mrs. Rose Balchin - Phone: 08 99213221: email RoseB@diocese-geraldton.org
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| Extensions for Parish Offices |
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| Cathedral Centre |
| St. Mary's, Northampton |
Have you considered that by investing with the Catholic Development Fund not only do you help the Diocese's Finances but at the same time you can save on your own bank charges?
The Catholic Development Fund is an agency created by the Bishop of Geraldton to provide investment opportunity for all investors. The pooling of financial resources saves thousands of dollars and helps, in particular, our isolated Catholic Communities.
All deposits/investments and any interest payable are guaranteed by the Roman Catholic Bishop of Geraldton, giving you peace of mind.
Your CDF account will provide you with: a) security of deposits;
b) a competitive interest rate calculated on a daily balance; (refer below)
c) no account charges;
d) no credit or debit tax payable;
e) CDF accounts are exempt from the Deeming Rate.
Monies invested are available on 24 hours call without penalty.
“An investment with the CDF is designed for those persons who wish to promote the educational and other activities of the Catholic Community and for whom the considerations of profit are not a primary relevance in their investment decision.
Investors should be aware that the CDF is not subject to the normal requirement to have a prospectus and a trust deed under the Corporations Law and the CDF has not been examined or approved by the Australian Securities Commission. The Roman Catholic Bishop of Geraldton has indemnified the Catholic Development Fund against any liability arising out of a claim by investors in the Catholic Development Fund through CDPF Limited which is a company established by the Australian Catholic Bishop’s Conference.”
If you are interested in investing with the CDF and require further information, please contact Mrs Rose Balchin Bishops House,
7 Maitland St Geraldton.
Phone 08 9921 3221, Fax 08 9964 1097.
CHILDREN’S ACCOUNTS CAN BE OPENED AND OPERATED THROUGH THE SCHOOL OFFICE
and are a great way to help teach children the art of saving!
INTEREST RATES
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CURRENT RATE |
NEW RATE |
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Private Savings Accounts |
1.25% |
1.95% |
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Parishes/Schools/Church Agencies Savings Accounts |
1.70% |
1.95% |
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Priests Cheque Accounts |
1.25% |
1.95% |
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Parishes/Schools/Church Agencies Cheque Accounts |
1.70% |
1.95% |
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Cash Management Accounts |
5.00% |
5.25% |
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Funeral Fund Accounts Balances up to $1,999 Balances over $1,999 |
1.25% 5.40% |
1.95% 5.65% |
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Education Fund Accounts |
5.40% |
5.65% |
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Term Deposits
30 days + 60 days + 90 days + 180 days # 12 months # + (Minimum amount $5,000) # (Minimum amount $2,000)
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4.20% 4.35% 4.60% 5.00% 5.40%
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4.45% 4.60% 4.85% 5.25% 5.65%
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Standard Loan Rate
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7.90% |
8.15% |
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Standard Overdraft rate
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8.90% |
9.15% |