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Investment Accounts FAQs

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FAQs for Investment Accounts:


Do I have to be a member to open an account?

Endeavour Mutual Bank Ltd is a mutual financial services organisation and as such is owned by its members, each one of whom is a shareholder. There is no cost to become a shareholder. ^

How much do I need to deposit to open an account?

You can open a standard Term Deposit account with as little as $5,000. ^

How do I make deposits to my account?

Deposits can only be made at the time of opening the account or at maturity.

Can I make withdrawals from my term deposit prior to maturity?

Withdrawals cannot be made until the Term Deposit has matured. If you do not wish to change anything, your term deposit will automatically roll over for re-investment. If you wish to make any changes, you can do so up to 10 working days after maturity, changes can be made in branch or by calling 1300 13 14 20. ^

How often will I receive information on my account?

Statements are issued at least every six months or upon request.

Account balances are available through the Endeavour mobile app, Internet and telephone banking services and statements are available through the Endeavour Internet banking service. ^

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