Individuals, Schools & Organisations

we welcome

  • Private investors
  • Business investors
  • School PTAs
  • School Foundations
  • School Board of Trustees
  • Catholic organisations
  • Religious Orders
  • Trusts

An excellent way of helping the church

When you invest with the CDF, your investment not only provides an interest return but is 100% guaranteed by the Bishop of Christchurch, easily accessible and not bound by fees.

Individual members may use the CDF to save for their children or grandchildren’s education, family occasions, funerals, Christmas, or invest for a set term.

Business investors may choose to use the CDF to set aside savings for tax, GST, ACC payments, or to park money for a set term, knowing it’s helping the wider community.

Schools and Catholic organisations use the CDF to invest knowing they are supporting the greater good.  Upon application, borrowing from the fund to service a project’s needs.

Personalised Service

CDF staff offer a personalised service; where possible, they can meet with you in your home, workplace or parish.

Safe & Secure

All deposits in the CDF are 100% guaranteed by the Catholic Bishop of Christchurch, interest rates are reviewed periodically.

Socially responsible investment

We seek to invest in companies that support and sustain people in a socially just manner and conduct business in an environmentally sound way.

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: 1 August 2023

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

1.90%
3.25%
3.25%
3.25%
3.25%

6 Months

3.05%
4.75%
4.80%
4.80%
4.80%

9 Months

3.00%
4.75%
4.80%
4.80%
4.80%

12 Months

3.40%
5.10%
5.10%
5.10%
5.10%

On-Call Savings Account

Interest is credited six-monthly.
No fees apply.

$1 ~ $49,999

$50,000 +

0.75%
1.00%

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