In light of the recent findings from the Banking Royal Commission, many Australians are seeking a banking institution they can trust to put them first.

The Banking Royal Commission has shown us that some of the actions undertaken by non-customer owned banks have been driven by a culture which puts profits before people. As a MOVE Bank member, you can feel confident knowing that we have a long history of keeping our members’ interests at the centre of everything we do. That’s why when you choose to bank with us, there are a number of benefits you’ll enjoy:

We’re owned by our members

The most important reason for choosing a customer-owned bank, is our members are our owners. While listed banks are driven to make money for shareholders, we’re more interested in investing in your financial wellbeing. So rather than paying out dividends to a third party, we put 100% of profits back into the organisation that you own. That’s our commitment to you.

Competitive rates

Placing our member needs first means we’re able to deliver some extremely competitive rates.  In fact, our Straightforward Home Loan and New Car Loan were recently awarded ‘Cheapest Home Loan - Bank’ and ‘Cheapest Car Loan - Bank’ in Money magazine’s 2019 ‘Best of the Best’ awards! Our Express Saver account is also a multi-award winner, taking home the prestigious MOZO Experts Choice Award for ‘No Strings Savings’ for the third year in a row!

The recognition by Australia’s leading comparison sites confirms that MOVE Bank continues to deliver market-leading products to members across both savings and loans products.

You’re safe with us

We are regulated by the same legally enforceable standards under the Australian Prudential Regulation Authority that the big banks are. That’s why you can have peace of mind that when you bank with MOVE Bank, your deposits may be guaranteed by the Government up to $250,000 per depositor under the financial claims scheme.

We listen to you

We keep our members at the heart of everything we do, which is why our members’ feedback is so important to us. We consistently have the highest levels of satisfaction levels, with a positive score of +46 out of 50 which confirms that our members are very satisfied, and compares exceptionally well to the major banks whose average score was negative -9.77.   

Sounds like your kind of bank?

Join the 4 million Australians that already enjoy the benefits of customer owned banking*

Become a member online today or call us on 1300 362 126.

*Sourced from Customer Owned Banking Association: www.ownyourbanking.com.au/

This blog post is for general information purposes only and is not intended as financial or professional advice. It does not have regard to the financial situation or needs of any reader and must not be relied upon as financial product or other professional advice. You should seek your own independent financial, legal and taxation advice before making any decision about any action in relation to the material in this article. Railways Credit Union Limited trading as MOVE Bank ABN 91 087 651 090. AFSL/ Australian Credit License number 234 536