Featured Links Navigation
Treasury
Dedicated money market dealers specialising in investment options and providing personal service, flexibility and optimum returns.
It's important to have your investment dollars earn the best return possible. At Elders Rural Bank we aim to provide products that offer highly competitive interest rates and a professional, personalised service with a high level of privacy and discretion at all times.
The Elders Rural Bank Treasury team is dedicated to meeting the needs of high net worth customers and is ready to assist you. Our experienced Treasury Dealers specialise in investment options and can contact you personally to discuss your investment alternatives.
Whether you are looking for a short-term deposit that gives you ready access to your funds or a longer-term investment, Elders Rural Bank Treasury has a range of products to suit your needs. Our range of investment products is extensive and offers you a choice of high yielding investments that can be tailor-made to meet your short-term cash flow needs as well as longer term investment returns.
Every dollar invested with Elders Rural Bank is invested in a bank that is committed to rural Australia. We invest every cent deposited with us back into Australia. Now that's Australian!
Our Treasury products include:
11am - at call
This competitive market rated investment enables access to your funds at the shortest possible notice, provided that notification is given prior to 11.00am on the day that funds are required. The minimum opening deposit is $250,000, with minimum transaction amounts of $50,000. Lodgements can be accepted up to 4.00 pm Monday to Thursday and 4.30 pm on Friday.
Term Deposits
A term deposit offers a sound investment option if you prefer to invest for a fixed term to receive a fixed return. You earn a market-linked interest rate with a comprehensive range of interest payment options to suit your requirements.
You can select terms ranging from 7 days to 5 years. Your interest can be paid monthly, quarterly, half-yearly or at maturity.
Your interest can be credited to a nominated bank account; reinvested with the principal; credited to a new ERB Term Deposit; or paid via cheque.
Negotiable Certificates of Deposit (NCD)
Our NCD's are a negotiable, bearer security issued by ERB that provides you with a short to medium term investment alternative with an attractive yield. With a preferred minimum investment (settlement value) of more than $500,000, this negotiable discount instrument is simply a promise by the drawer of the security (ERB) to repay the face value on maturity. Terms generally range from 7 days to 1 year.
Elders Rural Bank has an investment grade credit rating of A2 short term and BBB long term from Standard and Poors.
The ERB Treasury can also provide you with access to the latest financial market information including professional market interest rates, share and currency information and worldwide news.
Other investment alternatives are also available - please contact Elders Rural Bank Treasury on 1800 644 824 or email markets@eldersruralbank.com.au.
TREASURY PROFILE
Rudy Boeff - Treasurer
Rudy joined Elders Rural Bank as Treasury & Funding Manager in February 2004.
He came to the bank with nearly 20 years of financial market experience, predominantly gained in retail financial institutions.
Before joining Elders Rural Bank Rudy spent over 15 years with Adelaide Bank and its predecessors Hindmarsh Adelaide and Co-op Building Societies, predominantly in the Treasury area. Rudy worked in a variety of different treasury functions including money market, trading, portfolio management, capital markets, securitisation and wholesale funding and has an extensive knowledge of all treasury-related functions. Prior to joining the Hindmarsh Building Society Rudy spent two years with the South Australian Government Financing Authority as a Dealer in the Domestic Finance area.
Rudy is a lecturer in various financial markets subjects for the Securities Institute, holds a Bachelor of Economics from Flinders University, is a Fellow of the Finance & Treasury Association and a Fellow of the Financial Services Institute of Australia.
Evan Lathouras - Asset & Liability Manager
Evan joined Elders Rural Bank as Treasury's Asset & Liability Manager in April 2007.
Evan joins Elders Rural Bank with a broad exposure to the Financial Industry extending 8 years. Most recently, Evan was employed by Adelaide Bank Ltd in capacity of Asset & Liability Manager. Prior to this he was an integral part of the bank's Financial Modelling, responsible for modelling Securitisation Trust Vehicle cash flows.
Evan also spent 5 years with JP Morgan and its predecessor BT Financial Group, predominately in a Securities Pricing capacity and prior to this at Westpac Bank in Mortgage Originations.
Evan has an Honours postgraduate degree in Bachelor of Mathematical & Computer Sciences with a double major in Applied Mathematics of Finance and Statistics from Adelaide University.
Chris Tselentis - Treasury Dealer
Chris joined Elders Rural Bank as a Treasury Dealer in September 2006 and has 6 years of Investment Banking experience including 12 months in London with State Street as a Fund Accountant. Chris also spent 5 years with JP Morgan as a Unit Trust Pricing Accountant specialising in fund valuations for fixed interest, property and equity funds. Prior to that Chris worked for 3 years at Westpac Bank as a collections officer.
Chris has a Bachelor of Commerce with a double major in accounting and finance.
Print Elements
