Access to specialised products from leading agribusiness bank, Rural Bank
In addition to understanding our clients’ financial needs, Elders can link you directly with agribusiness experts to help you plan for your financial future.
Elders provides tailored solutions and access to a range of lending products from leading agribusiness bank, Rural Bank.
Rural Bank Seasonal Account
The Rural Bank Seasonal Account is designed to be used for all your day-to-day needs, whilst paying interest on credit balances. You can also apply for an overdraft limit for your Seasonal Account at any time.
Rural Bank Gold Cash Management Account
A flexible, easy access day-to-day personal or business transaction account.
With a minimum deposit of $5,000, this account combines low cost services, while giving you convenient access to your funds.
Savings and Investment Accounts
Rural Bank Farm Management Deposits
With Rural Bank’s Fixed and Variable Rate Farm Management Deposits (FMD’s) your money is available when you most need it. FMD’s allow you to set aside pre-tax income from your profitable years and earn interest on it.
This can then be used to manage exposure to adverse economic events and seasonal fluctuations. Rural Bank offers both fixed and variable farm management deposits, providing flexibility to manage your tax position and maintain your income.
Rural Bank Term Deposits
Ideal for anyone requiring a guaranteed income stream or for people who don’t need immediate access to their funds.
Terms range from 1 month through to 5 years, with your interest fixed at competitive rates for your chosen term. Depending on the term you select, you can also nominate the frequency of your interest payments.
Rural Bank Farm Management Deposit Offset Account
Elders is excited to offer a Farm Management Deposit Offset Account, through leading Agri Finance specialist Rural Bank. This means you may now be able to use your Rural Bank Farm Management Deposit balance to offset a Rural Bank Variable Rate Term Loan, which may reduce your interest costs.
To find out more about this option please contact your local Elders Branch.