Laboratories Credit Union term deposit rates
6 terms published on 10 Oct 2026, best 4.90% for 12 months, from Laboratories Credit Union’s own Consumer Data Right feed.
Today’s rates >_Interest on a deposit →Laboratories Credit Union website →
Laboratories Credit Union at a glance
Today’s rates6 terms · read 10 Oct 2026
| Term | Rate | Rank | vs median | vs best | Last change | This rate | Min. deposit | Product |
|---|---|---|---|---|---|---|---|---|
| 5mo | 3.50% | joint #35 of 50 | −0.80 | −1.70 | ▲ +0.25 2 Oct | in effect since 2 Oct 2026 | $5,000 | Monthly Interest 12 Month Term Deposit |
| 11mo | 4.00% | joint #23 of 45 | median | −1.45 | ▲ +0.25 2 Oct | in effect since 2 Oct 2026 | $5,000 | Monthly Interest 12 Month Term Deposit |
| 1yr | 4.90% | joint #66 of 75 | −0.35 | −0.70 | ▲ +0.25 2 Oct | in effect since 2 Oct 2026 | $5,000 | Monthly Interest 12 Month Term Deposit |
| 23mo | 4.90% | #3 of 17 | +0.60 | −0.35 | ▲ +0.25 2 Oct | in effect since 2 Oct 2026 | $5,000 | Monthly Interest 12 Month Term Deposit |
| 35mo | 4.50% | joint #4 of 15 | +0.20 | −0.65 | — | same on every day read since 10 Sep 2026 | $500 | Fixed Term Deposit |
| 3yr | 4.60% | joint #17 of 51 | +0.30 | −0.85 | — | same on every day read since 10 Sep 2026 | $500 | Fixed Term Deposit |
“Rank”, “vs median” and “vs best” compare Laboratories Credit Union with every bank that publishes the same term today. “This rate” is the first day our daily read showed the current rate — a rate that changed between two reads is dated to the first read that showed it.
What Laboratories Credit Union publishes about its products2 term deposit products · as published 10 Oct 2026
| Product | Interest paid | Min. deposit | Max. deposit | Fixed-rate terms | Links |
|---|---|---|---|---|---|
| Monthly Interest 12 Month Term Deposit | monthly, quarterly | $5,000 | $2,000,000 | 6 | product page · terms · fees |
| Fixed Term Deposit | at maturity | $500 | $1,000,000 | 6 | product page · terms · fees |
Monthly Interest 12 Month Term Deposit: eligibility, conditions and features
- Eligibility
- individuals; residency: If not an Australian resident, you must complete a Tax Residency Declaration; Must be a shareholder owning a $10 share. Each shareholder holds an equal share regardless of their balance. Shareholders have a say in how we are run. "Own your Bank". $10 share is refunded if you…; To be eligible to join you must be at least 8 years of age and referred by a family member or friend who already has an account with LCU. Alternatively you may be eligible to join if you: work or liv…
- Conditions
- min balance 1000.00 — Minimum amount to open a Fixed Term Deposit is $1,000; max balance 500000.00 — Any deposits above this are at the Credit Union's discretion
- Features
- other — The minimum term available for this product is 12 months; other — Scaled panalty applies, see linked URI; other — Under the FCS certain deposits are protected up to a limit of $250,000 for each account holder at any bank, building society, credit union or other authorised deposit-taking institution (ADI) that is…
- The bank’s description
- Get a monthly income on your investment
- Interest calculated
- daily
Fixed Term Deposit: eligibility, conditions and features
- Eligibility
- individuals; residency: If not an Australian resident, you must complete a Tax Residency Declaration; Must be a shareholder owning a $10 share. Each shareholder holds an equal share regardless of their balance. Shareholders have a say in how we are run. "Own your Bank". $10 share is refunded if you…; To be eligible to join you must be at least 8 years of age and referred by a family member or friend who already has an account with LCU. Alternatively you may be eligible to join if you: work or liv…
- Conditions
- min balance 1000.00 — Minimum amount to open a Fixed Term Deposit is $1,000; max balance 500000.00 — Any deposits above this are at the Credit Union's discretion
- Features
- other — The minimum term available for this product is 3 months; other — Scaled penalty applies, see linked URI; other — Under the FCS certain deposits are protected up to a limit of $250,000 for each account holder at any bank, building society, credit union or other authorised deposit-taking institution (ADI) that is…
- The bank’s description
- Invest your funds for a good return
- Interest calculated
- daily
Every line is the bank’s own statement in its feed, read that day — nothing is inferred. Early-withdrawal terms appear under conditions or features when a bank states them.
Rate historyevery sweep day since 26 Aug 2026 · 46 days · 6 terms
11mo 4.00% today
26 Aug 202610 Oct 2026
1yr 4.90% today
26 Aug 202610 Oct 2026
3yr 4.60% today
26 Aug 202610 Oct 2026
All 6 terms — the other 3
5mo 3.50% today
26 Aug 202610 Oct 2026
23mo 4.90% today
26 Aug 202610 Oct 2026
35mo 4.50% today
26 Aug 202610 Oct 2026
Each line is the best retail rate Laboratories Credit Union published for that term on each day we read its feed. A break in the line is a day we read no rate for that term — the feed could not be read, or the bank did not publish that term that day — never a rate carried forward.
Where Laboratories Credit Union sitsagainst the 77 banks ranked today
1yr: 65 banks ahead
- Community First Bank 5.60%
- Dnister Bank 5.55%
- Heartland Bank 5.55%
- Unity Bank 5.50%
- Alex Bank 5.50%
- Bank Australia 5.50%
- and 59 more on the leaderboard
Customer-owned banks52 banks · top 10 by best rate
| Bank | Best | Term | 6 m | 12 m | Market rank |
|---|---|---|---|---|---|
 Community First Bank | 5.60% | 1yr | 5.10% | 5.60% | #1 |
 Dnister Bank | 5.55% | 1yr | 5.30% | 5.55% | #2 |
| Unity Bank | 5.55% | 2yr | 5.35% | 5.50% | #2 |
 Bank Australia | 5.50% | 1yr | 5.30% | 5.50% | #5 |
 Bank First | 5.50% | 1yr | 5.30% | 5.50% | #5 |
 Qudos Bank | 5.50% | 1yr | 5.30% | 5.50% | #5 |
 Great Southern Bank | 5.45% | 1yr | 4.55% | 5.45% | #11 |
 People First Bank | 5.45% | 7mo | 5.00% | 5.20% | #11 |
 Police Credit Union | 5.45% | 11mo | 5.00% | 5.25% | #11 |
 QBANK | 5.45% | 1yr | 5.30% | 5.45% | #11 |
| Laboratories Credit Union | 4.90% | 1yr | — | 4.90% | #70 |
Timeline4 rate changes since 10 Sep 2026 · ▲4 ▼0 · 1 event
| Date | Term | From → to | Δ |
|---|---|---|---|
| 2 Oct 2026 | 5mo | 3.25 → 3.50 | ▲ +0.25 |
| 2 Oct 2026 | 11mo | 3.75 → 4.00 | ▲ +0.25 |
| 2 Oct 2026 | 1yr | 4.65 → 4.90 | ▲ +0.25 |
| 2 Oct 2026 | 23mo | 4.65 → 4.90 | ▲ +0.25 |
| 30 Sep 2026 | RBA | RBA cash rate 4.60% — up 0.25 pointsReserve Bank decision effective 2026-09-30: cash rate target 4.60%, a rise of 0.25 percentage points. | |
Questions about these rates
What is Laboratories Credit Union’s best term deposit rate today?
On 10 Oct 2026, the best retail term deposit rate Laboratories Credit Union publishes in its Consumer Data Right feed is 4.90% for 12 months (Monthly Interest 12 Month Term Deposit). That is joint #70 of the 77 Australian banks ranked by best rate today.
What is Laboratories Credit Union’s 12-month term deposit rate?
4.90% as read on 10 Oct 2026, 0.35 points below the market median of 5.25%, and joint #66 of the 75 banks publishing a 12-month rate. The market-best 12-month rate today is 5.60%.
What is the minimum deposit at Laboratories Credit Union?
The lowest minimum Laboratories Credit Union states in its feed is $500 (Fixed Term Deposit, 35-month). Check the product disclosure statement for balance tiers.
When did Laboratories Credit Union last change a term deposit rate?
The most recent change we read was on 2 Oct 2026: the 5-month rate moved from 3.25% to 3.50%. We have read 4 changes at Laboratories Credit Union since 10 Sep 2026.
Are deposits with Laboratories Credit Union guaranteed?
Laboratories Credit Union publishes its products under the Consumer Data Right as an Australian data holder. Under the Financial Claims Scheme, administered by APRA, protected Australian-dollar deposit accounts at an Australian-incorporated authorised deposit-taking institution (ADI) are covered up to $250,000 per account holder per ADI. Several brands can share one ADI licence, in which case the cap covers them together, so confirm which licence Laboratories Credit Union operates under before relying on the guarantee. Scheme facts checked against apra.gov.au (Financial Claims Scheme) on 15 Sep 2026 — the link is under “About Laboratories Credit Union” below; rates are as read on 10 Oct 2026.
About Laboratories Credit Union
- Also known as
- LCU
- Type
- Customer-owned bank (mutual)
- Website
- lcu.com.au
- Consumer Data Right feed
- https://internetbanking.lcu.com.au/OpenBanking
- Deposit guarantee
- Financial Claims Scheme, up to $250,000 per account holder per ADI — scheme details and covered institutions at APRA (checked 15 Sep 2026)
The rates on this page are the retail term deposit rates Laboratories Credit Union publishes in its own Consumer Data Right product feed, read once a day. Business, SMSF and staff-only products are left out. A product the bank publishes as “tailored” (pricing may be negotiated) is included only when the bank also states it is open to individuals, and is marked as tailored. A day on which we read no rate is a gap on this page — never an estimate.
Facts about the institution reviewed 15 Sep 2026. Rates read 10 Oct 2026.
Savings accountshighinterestsavingsaccounts.org
Laboratories Credit Union has no savings account on today’s board at highinterestsavingsaccounts.org, our sister site for at-call savings rates.
Please note: the savings figures on this page are estimates only and may not reflect the return you actually receive. Actual returns vary with tax, fees, the interest payment frequency and any change the bank makes to a rate before you open the account. Rates are the bank’s own published Consumer Data Right figures and may differ for particular balance tiers or online-only products. Always read the product disclosure statement, confirm the rate with the bank, and consider your own circumstances. Nothing here is financial advice or a recommendation. This site is published by Nutshell Media Pty Ltd, which is not affiliated with any bank, credit union or building society.