Students - Catholic Community Fund

* Online transactions will not be processed when office is closed

(02) 4979 1160

Dreaming of your future?

Could it be your first car, university expenses, maybe even a gap year with travel?

Whatever your goals as a student, you can start investing now. By putting aside a little money each week, our competitive interest rates will magnify your investment and help make your dreams a reality.

You’ll also help build new schools for the next generation of students in our Diocese. That’s the power of long-term saving.

We’ll support you to achieve your financial goals and help others at the same time.

Student Notice Saver

Student Notice Saver offers students of our diocesan schools the opportunity to operate an account with no fixed term and competitive interest rates. Withdrawal requires 31 days’ notice.

Term Investment

Term Investment offers members of the community the opportunity to make an ethical investment supporting the Diocese. Members can choose terms of three, six or 12 months and receive a fixed rate of interest.

CDPF Limited, a company established by the Australian Catholic Bishops Conference, has indemnified the Diocese of Maitland-Newcastle Catholic Development Fund for the Catholic Community Fund ABN 59 728 447 508 (Fund) against any liability arising out of a claim by investors in the Fund. In practice, this means your investment is backed by the assets of the Maitland-Newcastle Diocese. Money invested with the Fund is used to support the charitable works of the Catholic Church. This is achieved by providing a return on your investment that enables us to provide low-cost funding to assist Catholic organisations, including Catholic schools.

Accordingly, we are required by law to tell you that your investment with us is not comparable to those with banks, finance companies or fund managers.

The Fund is not regulated by the Australian Prudential Regulation Authority (APRA) nor has it been examined or approved by the Australian Securities and Investments Commission (ASIC) because we have been granted exemptions.

Under these exemptions, we are required by law to tell you that:

you will not receive the benefit of the financial claims scheme or the depositor protection provisions in the Banking Act 1959 (Cth);
investments that the Fund offers are not subject to the usual protections for investors under the Corporations Act (Cth) or regulation by ASIC;
there is a risk that you may not get any of your money back from us;
investments that the Fund offers are intended to attract investors whose main investment objective is to support our charitable work;
we have an identification statement which contains information about us which may be viewed at www.myccf.com.au/regulatory/
the Fund does not hold an Australian Financial Services Licence but the Fund has entered into an intermediary authorisation with CDFMN AFSL Limited ABN: 74 623 033 830, AFSL No. 504182 to issue and deal in debentures.