We’re owned by Rabobank – one of the world’s safest banks according to Global Finance magazine, and have been a cooperative for more than 110 years, which means our vested interest is with our customers and not with shareholders. For added peace of mind, from the 1st February 2012, RaboDirect deposits up to $250, 000 are guaranteed by the Australian Government.
RaboDirect products which are covered by the Financial Claims Scheme include: HISA, Purpose Saver, PremiumSaver and Term Deposits. Managed Funds investments through RaboDirect are not covered.