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Key Features:

The Financial Claims Scheme (Government Deposit Guarantee), managed by APRA, provides additional protection for your deposits.
This means the combined value of deposits of $250,000 or less deposited with Greater Bank are guaranteed by the Australian Government through its’ Financial Claims Scheme (FCS). Entitlements to joint accounts are allocated equally between account holders.
Example: A joint account in two names for $300,000 is split equally with each owner having $150,000 guaranteed. Thus if one of these account holders also has another account with $50,000, their personal total deposits of $200,000 are guaranteed.
Greater Bank is your customer owned bank, with over $5 billion in assets under management. Like all other Australian financial institutions, we’re required by APRA to hold a certain amount of capital and minimum liquid assets. Greater Bank’s capital and liquid assets are consistently maintained above the minimum levels required by APRA.
Greater Bank also has strict lending criteria and has never engaged in “low doc”, “no doc” or “sub prime” lending. We continue to have exceedingly low loan default rates compared to other Australian financial institutions.

I want to

  • Invest in property

    Someone wise once said – “If you want a sound investment, buy property, buy land. They’re not making any more of it.” 

Open a Term Investment

Looking to open a Term Investment with Greater Bank? It's simple and can be done via your method of choice.

  • 1

    Open online

    Use our quick and easy form-become a customer in mere minutes!

  • 2

    Open in branch

    Visit your nearest branch where one of our friendly staff will guide you through the account-opening process. 

  • 3

    Open in Internet Banking

    If you're an existing Greater Bank customer, you can open a Term Investment through Internet Banking

Why Greater Bank?

At Greater Bank, we spend every day serving the needs of over 250,000 Australians.

We live and work in the communities in which we operate, and we genuinely care about the goals and life outcomes of our customers.

We aim to do this through providing fair and honest banking products and services.

To view the terms, conditions, fees and charges for all Greater Bank savings accounts, please view our Disclosure Documents available here, and view our interest rates in full here.