Landmark Community Account
An everyday savings and transaction account offering community groups a higher interest rate on savings and access to fee-free day-to-day transactions.
| Minimum account balance |
- No minimum account balance
|
| Term |
|
| Statements |
|
| Interest rate |
- Reviewed regularly by Landmark and may be varied as appropriate – view the current interest rates
|
| Interest payment |
- Accrues daily and paid monthly in arrears and on closure of account
- Reinvested into the account, except on closure of account
|
| Deposits |
- Over the counter
- By mail (non-cash payments only)
- EFT
- Direct Credit
|
| Withdrawals |
- Cheque
- Debit Card
- Direct Debit
- Periodic Payment
- Transfer in writing/by phone
- Finance Online Plus
|
| Eligibity Criteria |
- This account is available at Landmark’s discretion
- Typically requires ‘not for profit groups’ and community groups to provide:
- A copy of the governing documents such as Memorandum and Articles of Association or constitution stating ‘not for profit‘ status
- ATO Income Tax exemption certificate |
How to apply for a Landmark Community Account
ASIC requires us to advise that you risk losing some or all of your principal investment when subscribing to unsecured deposit notes, which are not a bank deposit.
This information is provided by Landmark Operations Limited ABN 73 008 743 217 (AFSL No. 247332) and relates to unsecured deposit notes and associated payment facilities issued by Landmark. This information may contain general advice prepared without taking account of your objectives, financial situation or needs. You should, before acting on the advice, consider the appropriateness of the advice having regard to these matters. You should also obtain the current Prospectus and combined Financial Services Guide/ Product Disclosure Statement (Prospectus) for this product from your local Landmark outlet before making any decision about whether to acquire or continue to hold the product. The offer of unsecured deposit notes is made in the Prospectus. If you want to acquire unsecured deposit notes and open an Account with Landmark, you will need to complete the application form in the Prospectus.
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