The Mutual Bank
Farm Management Deposit
A Farm Management Deposit which offers a fixed rate for terms up to 24 months.
Term depositsBank updated 9 Sept 2026
At a glance
- Best rate
- 5.10% for 12m
- 12 months
- 5.10%
- Min deposit
- $1,000
§ 01 — Rates · 4
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Fixed | — | 1 yr | $1,000–$800,000 | 5.10% | — | paid at maturity |
| Fixed | — | 2 yrs | $1,000–$800,000 | 4.10% | — | paid every 1 yr |
| Fixed | — | 3 mo | $1,000–$800,000 | 3.60% | — | paid at maturity |
| Fixed | — | 6 mo | $1,000–$800,000 | 4.35% | — | paid at maturity |
§ 02 — Fees · 11
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| ATM_OWNER_FEE | Cash advance | Varies | — | This fee amount is disclosed at the time of the ATM transaction and charged by the ATM owner for an ATM transaction including an ATM enquiry. |
| UNCLAIMED_MONIES_FEE | Cash advance | $20 | — | The lessor $20.00 or account balance. Payable when an account is classified as dormant. |
| UNCLAIMED_MONIES_FEE | Cash advance | $20 | — | The lessor $20.00 or account balance. Payable when an account is classified as dormant. |
| CHEQUE_DISHONOUR | Event | $9 | — | A dishonoured cheque is a cheque that is not paid by the financial institution on which it is drawn. A dishonour fee will apply each time the cheque is presented for payment and dishonoured. |
| DIRECT_ENTRY_DISHONOUR | Event | $9 | — | Payable when a direct entry (inward and outward) is dishonoured. |
| DOCUMENT_FEE | Event | $60 | — | $60.00 per hour (subject to minimum $10.00 per copy). Payable if you request copies of documents such as withdrawal forms or statements, or you ask us to verify a transaction performed on your Accoun… |
| DORMANT_ACCOUNT_FEE | Event | $20 | — | This fee is charged to each of your Deposit Accounts closed due to dormancy. The lesser of $20.00 or the account balance. |
| MISCELLANEOUS_SERVICE_FEE | Event | $60 | — | $60.00 per hour. Payable if you request information not covered by the Document Fee. |
| OVERDRAWN_FEE | Event | $9 | — | If your Account is overdrawn, without our prior agreement, a fee will be charged each time this occurs. Penalty interest (at the rate disclosed on the Deposit Interest Rate Schedule) will also be cha… |
| FOREIGN_CURRENCY_CONVERSION_SERVICE_FEE | Transaction | 1.00% of transaction | — | A 1% service fee on the Australian dollar equivalent is payable for foreign currency transactions using your Mutual Visa Debit Card. |
| PHYSICAL_FOREIGN_CURRENCY | Transaction | 1.00% of transaction | — | 1% of Australian currency equivalent amount. Payable when physical foreign currency is issued or purchased. |
§ 03 — Features
Digital banking
- · A certificate account only
- · Early redemption - 31 calendar days notice required
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Australian citizen or permanent resident, or as otherwise approved
- · Available to individuals
- · Minimum balance $1,000
- · Opening balance $1,000
- · Must acknowledge mandatory statement on the Farm Management scheme conditions
- · Linked account must be opened and maintained for fees and charges associated with this account
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Maitland Mutual Limited under the Consumer Data Right, last changed by them on 9 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.