INVESTMENTS

At the present time, the Society is able to offer to members the opportunity to invest additional funds at the following premium rates of interest:

On Call
  0 – 49,999 3.50%
  50,000 – 99,999 3.50%
  100,000 + 4.00%
 
Term
  3 Months 4.25%
  6 Months 5.00%
  1 Year 5.20%
(Interest paid six monthly)
 
Special rates may quoted for other terms
 
Interest can be...
  • Compounded
  • Paid by cheque
  • Direct-credited to your bank account

 

Special arrangements can be made to transfer funds to your Bank with your telephone authority.

 
Interest Payments
  Call Accounts: Interest is calculated on the Daily Balance and is paid on 31st March and 30th September.
  Term Deposits: Interest is paid at Maturity.

 

MORTGAGES

Residential
At the present time, the Society is able to offer the following competitive interest rates on Residential Mortgages:

  Floating 6.50%
  Fixed 1 year 6.35%
  Fixed 2 years 7.30%

Commercial/Rural
The Society is able to offer competitive interest rates for both fixed interest and floating interest terms, in respect of Rural and Commercial Mortgages.

We are more than happy to take the time to discuss your requirements and negotiate a Fixed Interest Term if this is more suitable to your circumstances.

  • In special circumstances longer fixed terms may be negotiated.
  • Instalments can be paid fortnightly or monthly.
  • Interest Only Mortgages can be arranged.

NORMAL LENDING CRITERIA APPLIES

For any further information please contact Pam White or George Speedy at 111 Avenue Road East, Hastings
Telephone (06) 873 8047

Alternatively please use this form on our Contact page to request further information.

 

Last updated 25 May 2010

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Annual Report 2010


Heretaunga Building Society
111 Avenue Road East
Hastings 4156
Phone (06) 873 8047
Fax (06) 876 5211

© 2008 Heretaunga Building Society