Issue 23 - What's new at MOVE Bank?

Upgrade to member status Changes approved at our 2020 AGM mean that all customers can now become members and part-owners of MOVE Bank and have a right to vote at general meetings. If you’d like to upgrade and become a member, simply visit movebank.com.au/upgrade-membership and complete the short form or contact us on 1300 362 216.  There are no c...

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Issue 23 - MOVE Bank wins big (again!)

We are proud to reveal that we’ve been recognised as Australia’s Best Small Mutual Bank in Mozo’s Experts Choice Awards for Australia’s Best Banking 2021, and Customer-Owned Bank Personal Lender of the Year at Money magazine’s 2021 Consumer Finance Awards!   This marks the second consecutive year that MOVE Bank has received these awards, recognis...

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Issue 23 - Time to refinance

Over $50 billion home and investment loans were refinanced between January and March^, and that number is growing as Australians take advantage of the savings on offer. Many homeowners put their mortgage on autopilot, but in today’s highly competitive mortgage market this set-and-forget method could mean your home loan is costing you more than it ...

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Issue 23 - Notice to Shareholding Members

The ANNUAL GENERAL MEETING of Railways Credit Union Limited trading as MOVE Bank (“MOVE Bank”) will be held on Thursday 18 November 2021. A notice of meeting and explanatory statement will be included in MOVE Life sent to shareholders in early October.   Call for Nominations Nominations are called for the position of Director of MOVE Bank.  In o...

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Issue 23 - Bank Smart, Bank Safe

The security of our members is a top priority which is why we are always looking for new ways to help you protect yourself and your personal information. With scams coming in many forms and constantly evolving, it’s important to stay informed and know what to do if you’re caught out. That’s why we recently held Bank Smart, Bank Safe week at MOVE ...

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Issue 22 - MOVE Bank named 5-Star Investment Lender

We are proud to reveal that we’ve been awarded by Canstar across our entire investment loan range! MOVE Bank has taken out two awards in Canstar’s 2021 Outstanding Value Home Loan Awards, recognising the value we offer as an Investment Home Lender and Investment Fixed Home Lender.   About the awards Each year Canstar identify lenders who provid...

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Issue 22 - Interest Rate Changes

MOVE Bank reduced rates on several variable and fixed home loan rates by up to 0.40% p.a. effective 1 February 2021 to ensure we offered members our best rates possible. These cuts are in addition to previous reductions in November 2020 following the RBA’s decision to reduce the official cash rate and apply to both owner-occupied and investment lo...

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Issue 22 - Be in the know, banking limits and transfers explained

Daily transfer limits Some of the most commonly asked questions by our members are about their banking limits. Here is a simple guide on our daily limits and transaction options: What if I need a higher daily limit? Sometimes you may need to increase your daily limit to make a big purchase such as a new car or caravan. For members with One Ti...

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Issue 22 - From your CEO

As 2021 progresses and we celebrate our fifth anniversary as MOVE Bank, we continue to deliver improvements that provide you with outstanding value and an enhanced banking experience. An award-winning combination Better loan rates In February we reduced rates on several variable and fixed home loans by up to 0.40% p.a. to ensure we continued to ...

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