AIDF offers term investment accounts*
*Please note that based on current regulatory restrictions the AIDF can only offer new accounts to those associated with the Anglican Diocese of Canberra & Goulburn.
The definition of an ‘associate’ can be found at the bottom of the page.
Effective from 1 December 2023
+ Variety of terms available
+ Competitive interest rates
+ Fixed interest rate for the term
+ No entry, exit, transaction or account keeping fees
+ Online access (view only) available
+ Interest calculated daily and paid upon maturity or every 6 months if the term is 12 months and over
Breaking a Term Investment
As a result of regulatory changes which took effect from 1st January 2018, the AIDF requires customers to give 31 days notice when breaking a Term Investment during the agreed term, before they can access the funds. A penalty may also be charged. Immediate access to funds under circumstances of hardship will be considered by the AIDF in accordance with our Early Access to Funds policy.
Person’s acting as trustees of the Anglican Church Property Trust;
A member of clergy, employee or voluntary* staff members who work for a parish, ministry unit, diocesan agency or school of the Diocese;
Trainee clergy who receive money or money’s worth.
*A voluntary staff member includes the following:
A person who is a member of the governing body of the Diocese, a diocesan agency, school or ministry;
A person who is a member of any committee established by the Diocese to further the work of the diocese;
A person who works on a voluntary basis for at lease 40 hours a calendar month in a business operated by a parish or diocesan agency;
A person who works on a voluntary basis for at least 40 hours a calendar month in a diocesan charitable program
(eg. a program which assists vulnerable members of the community by providing support such as counselling and
low or no cost food and other household products).