ROMANCE SCAMS. Scammers use dating or friendship to get your money. They go to great lengths to convince you the relationship is real and manipulate you to give them money. If you suspect that you have been scammed visit Staying Secure and call LLL 1800 556 457.

Skip to Content

Links to LLL’s disclosure documents are provided below.  Please ensure that you have read and are familiar with the Terms and Conditions for our Savings Accounts and the Internet Banking facility and the Privacy Policy.

Terms and Conditions

Savings Accounts Target Market Determination

Term Deposit Target Market Determination

Complaints Policy

Privacy Policy

Whistleblower Policy

change my privacy selections | submit a data request

Regulatory Disclosures.

What is the Financial Claims Scheme?

The Financial Claims Scheme (FCS) is an Australian Government scheme that provides protection and quick access to deposits in banks, building societies and credit unions in the unlikely event that one of these financial institutions fails.
Under the FCS, certain deposits are protected up to a limit of $250,000 for each account holder at any bank, building society, credit union or other authorised deposit-taking institution (ADI) that is incorporated in Australia and authorised by the Australian Prudential Regulation Authority (APRA).
The FCS can only come into effect if it is activated by the Australian Government when an institution fails. Once activated, the FCS will be administered by the Australian Prudential Regulation Authority (APRA).
In an FCS scenario, APRA would aim to pay the majority of customers their protected deposits under the Scheme within seven calendar days.

How is the FCS limit applied?

The FCS limit of $250,000 applies to the sum of an account holder's deposits under the one banking license.
Therefore, all deposits held by an account holder with a single banking institution must be added together towards the $250,000 FCS limit, and this includes accounts with any other banking businesses that the licenced banking institution may operate under a different trading name.

Where can I get further information on the FCS?

Information on the FCS is available on the FCS website – www.fcs.gov.au.