Parish & Diocesan Members

We welcome parish & Diocesan Members

  • Parishes
  • Catholic Charities
  • Catholic Organisations
  • Catholic Diocese of Christchurch

Our Mission is to support yours

If you’re part of a parish or Catholic organisation (within the Catholic Diocese of Christchurch) looking for a safe place to park funds while you undertake your mission, you can turn to the Catholic Development Fund. Working together, we can make arrangements that suit your parish, school, charity or organisation’s saving and borrowing needs.

 

Loans

Upon application to the Bishop and the Catholic Development Fund Board of Trustees, loans* may be made available for Catholic development purposes. Almost every parish in the Diocese has taken advantage of a CDF loan at some stage since the Fund began in 1967.

*Loan rates are reviewed quarterly and are available on application to the CDF.

 

 

socially responsible investment

The CDF investment policy aligns to a shared set of Catholic values.  By investing in the CDF you are investing for the greater good of the Catholic Diocese of Christchurch.

Safe & Secure

All deposits in the CDF are guaranteed by the Catholic Bishop of Christchurch and credit interest rates are reviewed periodically.

Account overview

Account benefits and features - find the one that's right for you

Term Investment

Offering

‘Park’ your money for the good of the diocese

Fees

None charged on any account

Minimum Deposit

$500

Term

3, 6, 9, 12 months

Interest*

Compounded or paid to a nominated bank account

Withdrawals

In person at Cathedral House, by phone banking, or CDF Online

Savings

Offering

Have cash on hand

Fees

None charged on any account

Minimum Deposit

No minimum. Make lump-sum deposits or save regularly

Term

On-call

Interest*

On-call rate of interest, paid six-monthly

Withdrawals

In person at Cathedral House, by phone banking, or CDF Online

Funeral Savings

Offering

Providing peace of mind for you and your family

Fees

None charged on any account

Minimum Deposit

No minimum. Make lump-sum deposits or save regularly.

Term

Duration of the account holder’s lifetime

Interest*

Paid at the 12-month Term Investment rate and credited to your account 31 March.

Withdrawals

Not permitted during the account holder’s lifetime

Education Savings

Offering

Save for education expenses

Fees

None charged on any account

Minimum Deposit

No minimum. Make lump-sum deposits or save regularly

Term

On-call

Interest*

Interest paid at the On-Call rate, and credited to your account quarterly

Withdrawals

School and attendance due payments can be made on your behalf

Christmas Club

Offering

Save for Christmas and summer holidays

Fees

None charged on any account

Minimum Deposit

No minimum. Make lump-sum deposits or save regularly

Term

Available 01 December

Interest*

Paid at the CDF On-Call rate and credited to your account 30 November

Withdrawals

Made between 01 December and 28 February

*Resident Witholding Tax deducted from interested earned.

Interest rates

Interest rates quoted are per annum, and are subject to change without notice. Rates Effective: 17 March 2021.

Term Investments

Interest is credited at maturity and/or six-monthly.
No fees apply.

$500 ~ $4,999

$5,000 ~ $9,999

$10,000 ~ $49,999

$50,000 +

$200,000 +

3 Months

0.25%
0.30%
0.30%
0.30%
0.30%

6 Months

0.25%
0.30%
0.30%
0.30%
0.30%

9 Months

0.25%
0.25%
0.30%
0.30%
0.30%

12 Months

0.25%
0.30%
0.30%
0.30%
0.30%

On-Call Savings Account

Interest is credited six-monthly.
No fees apply.

$1 ~ $49,999

$50,000 +

0.10%
0.25%

Christmas Club Account

Interest is credited on 30 November, based on the current on-call rate.
No fees apply.

Education Savings Account

Interest is credited quarterly, based on the current on-call rate.
No fees apply.

Funeral Savings Account

Interest is credited annually, calculated at the same rate as a 12-month Term Investment.
No fees apply.

Product Disclosure Statement

Application forms

Making deposits and withdrawals

Good News Stories

Sharing good news and testimonials from around the Diocese