About Elders Rural Bank

Elders Rural Bank offers competitive interest rates for investors seeking the security of investing in an Australian Bank

Who is Elders Rural Bank?

Elders Rural Bank Ltd is a joint venture between Bendigo and Adelaide Bank Limited and Elders Limited. In June 2000, the company was granted an Australian Banking licence and Elders Rural Bank was formed to deliver a much-needed specialist Banking service to rural Australia.

Elders Rural Bank provides an efficient and cost-effective delivery of investment and financial products to rural and regional Australia. The business model adopted combines the successful and expanding agribusiness national branch network of Elders Rural Services Australia Limited with Bendigo and Adelaide Bank’s banking expertise, disciplines, products and systems capabilities.

We bring a new sense of commitment to Banking in rural and regional Australia and to agribusiness, which we are committed to for the long term. Our products and services are available at over 400 outlets nationally including Elders Rural Services Australia Limited, Bendigo and Adelaide Bank and Bendigo Community Bank Branches.

On-Farm Service

To have a local finance specialist visit your property to discuss your banking needs, please locate your nearest District Business Manager by using the Search tool.

Competitive Interest Rates

Our highly competitive interest rates are attracting investors across Australia - not just primary producers. Every cent deposited at Elders Rural Bank is reinvested in rural Australia. View our latest rates.

Investing with Elders Rural Bank

We provide a variety of financial products and services including Visa debit cards, cheque accounts, direct debit and credit facilities, phone and internet banking, and access to World-wide ATM and EFTPOS networks.

Our wide range of flexible deposit products have been specifically developed for depositors wanting to earn attractive interest, enjoy bank security on funds invested and obtain easy access to their funds.

Elders Rural Bank offers a choice of investments that can be tailor made to meet your short term cash flow needs as well as longer term investment returns. Deposits over $500,000 are negotiable, based on daily professional money market interest rates.

For more information, contact Elders Rural Bank Treasury directly on 1800 644 824 or your broker.

We look forward to welcoming you to Elders Rural Bank, offering you competitive rates and products with a strong commitment to customer service.

Is your money safe?

Elders Rural Bank is an Authorised Deposit taking Institution (ADI). ADIs such as banks are prudentially regulated by the Australian Prudential Regulation Authority (APRA).

APRA sets and enforces stringent standards designed to ensure that under all reasonable circumstances, ADIs can meet their obligations to depositors. ADIs must comply with APRA prudential standards at all times and are subject to ongoing supervisory oversight by APRA.

Standard & Poor’s has assigned an investment grade rating of A2 short term and BBB long term to Elders Rural Bank.

What about the impact of US financial markets?

Elders Rural Bank has no direct exposure to the US sub-prime mortgage market or to off-shore financial markets.  Elders Rural Bank does not have any sub-prime housing assets and has not invested in highly structured products or securitisation vehicles.

Elders Rural Bank continues to adopt a conservative approach in investing. All investments are made in Australia, either as cash investments in Australian ADIs or loans to primary producers.

Elders Rural Bank’s 2008 financial results demonstrate the strength of the bank with:

  • record after tax profit of $41.1m (up 14% on 2007)
  • total assets of $4.3bn (up from $3.7bn in 2007)
  • loans under management of $3.6bn (up 12%)
  • gross non-performing loans 0.66% (stable)
  • total deposits of $3.7bn (up 15%)
  • liquid assets of $654m (up from $514m in 2007)
  • for more information click here to access the 2008 Annual Report
  • click here for more information on the security of your funds

Contact Us

For further information please contact your local Elders branch or call our Customer Service Centre on 1300 660 115.

Back to Top

About Us image

To view PDF files Adobe Acrobat Reader is required.
Download it here.


Booklet: Specialist service from Elders Rural Bank (File size: 865 KB)

Flyer: Specialist service from Elders Rural Bank (File size: 129 KB)