Text text size decrease text size increase

Savings and Investments

Attention: open in a new window. PrintE-mail

BFS has a unique understanding of the Christian community.

When you invest with us, your accounts provide simple access without transaction or account keeping fees.

We know that your investments, are integral to the development of your organisation. With BFS you have the opportunity to not only grow your funds, but to also help other Christian Ministries.

From 1 January 2017 all interest calculations on savings and term investments are based on 365 days (including leap years).

Term Investments

Provides a fixed interest rate for the nominated term of your investment.

  • No minimum investment amount
  • Interest calculated daily
  • You can choose various frequencies for interest payments
  • Attractive interest rates
  • No account keeping transaction fees *
  • Terms of 31 days to 36 months
view rates

The Early Redemption Policy for Term Investments can be found here.

Notice of Withdrawal Account (NOW)

A minimum of 31 days notice is required to withdraw funds.

Wish to attract a higher rate of interest?

A great way to save!

  • No minimum investment amount
  • Attractive interest rates
  • Interest calculated daily, credited monthly
  • Funds can be lodged into the account at any time
  • No account keeping or account transaction fees *
  • Notice of Withdrawal can be provided:
    • by Secure Email

    • via BFSOnline
    • by writing to us, or
    • by telephone, fax or email using Phone/email Password
view rates

Online Savings Accounts

Designed for Baptist affiliated churches and organisations.

  • Access your funds via BFS Online
  • No minimum investment
  • No fixed term, your money is always available
  • Attractive interest rates
  • No account keeping or account transaction fees *
  • Interest calculated daily, credited monthly
view rates

Savings Accounts

Designed for Baptist affiliated churches and organisations.

  • No minimum account balance
  • No fixed term, your money is always available
  • No account keeping or account transaction fees *
  • Attractive interest rates
  • Access your funds via BFS Online
  • Deposit through any Westpac branch
view rates

BFS Cheq Account (for Baptist Churches and Organisations)

Designed for Baptist Churches and organisations only, this savings and transaction account offers a variety of lodgement and access options.

  • No minimum account balance
  • No fixed term, your money is always available
  • Free cheque book facility
  • No account keeping or account transaction fees *
  • Attractive interest rates
  • Access your funds via BFS Online
  • Deposit through any Westpac branch
  • Westpac services available:
    • Business Express Deposit
    • Encashment/Bank Cheques
    • Night Safe
view rates

Questions?

If you have any questions, please contact us Contact Us

* other fees and charges may apply