Supporting Catholic Communities with Trusted Accounts
At CDF Wollongong, we offer a range of flexible and ethical account options designed to help you manage your finances with ease. Whether you need a reliable account for daily transactions, a high-interest savings option, or a secure solution for long-term projects, our accounts are tailored to support your mission and help your community thrive. With CDF Online, you can conveniently manage your accounts, view balances, and make transactions anytime, giving you the tools you need to stay in control.
Working Accounts
Best for managing everyday finances like payments, deposits, and transfers with ease.
iCash Plus Account
An at-call, high-interest savings account, ideal for earning more on funds while keeping them accessible.
Term Investment Accounts
Ideal for saving for big future projects or special purposes with guaranteed returns.
We’re here to support you every step of the way, making it simple and straightforward to get set up with the right accounts and access your finances efficiently. View current interest rates for accounts here.
Working Accounts
Streamline Your Daily Finances with a CDF Working Account
The CDF’s Working Account provides a simple, efficient way to manage your organisation’s everyday financial transactions. This interest-bearing account allows you to easily handle deposits, payments, and fund transfers – all through our secure online platform or at any Commonwealth Bank branch.
Key Benefits and Features:
- Deposit cash and cheques at Commonwealth Bank branches
- Interest earned on account balances
- Access transactions and account information through CDF Online
- Make payments via BPAY and electronic funds transfer
- Set up direct debits and future payments
iCash Plus Account
Maximise Returns on Your Idle Funds
For organisations that primarily operate through electronic payments and transfers, the CDF’s iCash Plus account offers a way to earn higher interest on your available cash holdings. This on-demand account provides competitive interest rates while still allowing you to easily move funds between your other CDF accounts as needed.
Key Benefits and Features:
- Interest calculated daily and paid quarterly
- Effortless online access through CDF Online
- Flexible transfers to meet your organisation’s cash flow needs
Term Investment Accounts
Guaranteed Returns for Your Long-Term Savings
When your organisation has funds set aside for future projects or initiatives, a CDF Term Investment Account can provide a secure way to earn a fixed, guaranteed interest rate over a specified term. This investment product is ideal for Catholic entities that do not require immediate or regular access to their savings.
Key Benefits and Features:
- Interest rate is fixed for the full investment term
- Terms ranging from 3 to 12 months available
- No fees or penalties for holding the investment to term
How to Apply for a CDF Account
1
Initial Contact
Reach out to our team by phone, email, or through the website to discuss your parish, school, or organisation’s needs, to find the best account options for you.
2
Submit Application
Our team will guide you through the process to submit your application and ensure everything is in order.
3
Account Approval
Once your application is reviewed and approved, we’ll provide you with instructions to activate your secure CDF Online access, where you can manage your accounts, view balances, make transactions, and more.