Australia has the strongest banking regulatory system in the world – all banks, building societies and credit unions meet exceptionally high standards on capital, liquidity, risk management and governance as set down by the regulator, APRA. Under the Banking Act deposits in all Australia’s banks (including Bank of Heritage Isle), building societies and credit unions are safe.
Bank of Heritage Isle Investment Accounts are designed to make your money work as hard for you as you worked to get it. With terms of 3, 4, 5, 6, 7, 9, 12, 36, 48 and 60 months – interest paid at maturity, 6 months or every month – a Bank of Heritage Isle Term Deposit is as flexible as you require it to be.