The Mutual Bank is thrilled to announce that our 3-Year Term Deposit has been recognised with a Gold Award in the inaugural RateCity Term Deposit Awards.

RateCity’s awards are based on its market-leading ratings system, which gives every term deposit in its database a score out of five based on interest accrued over the duration of the term deposit. Winners are determined over a three-month period with the top 10 per cent of products in each category receiving a Gold Award.

“This award is further endorsement of our exceptional range of accounts designed for depositing members,” said CEO Geoffrey Seccombe.

“As a member-owned bank our top priority is always in best serving our members, and this award helps to highlight the exceptional quality and value of products we have on offer.

Achieving this high-profile accolade from RateCity within a challenging and highly competitive market is a great accomplishment, and we are very proud to be recognised within the top 10 per cent of term deposit products available to Australians,” Mr Seccombe said.

To find out more about our Gold Award-winning 3-Year Term Deposit contact our Member Service Team on 1300 688 825.