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Opening a savings account with Prop Corp couldn’t be easier. Download our Application Form to get started or call us on 03 9488 8800 for further info. Prop Corp offers you competitive rates in-line with the commercial banking sector. View the latest rates here.
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Prop Corp and Prudential RegulationsInvestors should be aware that deposits invested with the Properties Corporation are not subject to the normal requirement to have a disclosure document or Product Disclosure Statement and be registered or have a trust deed under the Corporations Act 2001. The depositors’ scheme is not required to be examined or approved by the Australian Securities and Investments Commission. Deposits lodged with the Properties Corporation are designed for investors who wish to promote the charitable purposes of the Churches of Christ Properties Corporation and for whom the consideration of profits are not of primary relevance in the investment decision. Neither the controlling entity nor the Fund is prudentially supervised by APRA. Contributions to the Fund do not obtain the benefit of depositor protection provisions of the Banking Act 1959. |