Target Market Determination

Target Market Determination

What is a Target Market Determination (TMD)

A Target Market Determination (TMD) is a document that describes the type of customer one of our products may suit (target market), and any conditions around how the product can be distributed to members.

Why does CMCU have TMDs?

From the 5th October 2021, we are required to comply with a new law under the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019. This law requires us to have Target Market Determination to meet our obligations.

This is to make sure we're putting customers at the centre of our approach to the design and distribution of our financial products.

Target Market Determinations (TMD)

You’ll find TMDs for all of our lending and deposit here.


Deposit Products

S1 Savings Account

S4 Budget Savings Account

S5 Christmas Club

S6 Youth Saver Account

S8 Everyday Access Account

S15 Notice of Withdrawal

S65 - Pensioner Account

S66 Joint Pensioner Account

S7 Premium Business Account

S11 Business Account

S12 GST Account

Term Deposit

TD - Cheque a month

Farm Management Deposit


Lending Products

S8 Personal Overdraft

S11 Business Overdraft Account

S10 Mortgage Offset Account

Unsecured Personal loan

Secured Personal Loan

Home Loan - Investment

Home Loan - Owner Occupied