Issue 27 - What's new at MOVE Bank?

Comprehensive Credit Reporting Credit reporting is changing for the positive. For a long time, Australia had operated on a negative credit reporting basis, which meant only bad loan conduct would reflect in your credit history. New laws require major lenders to report more thorough information about how borrowers repay their loans, credit cards an...

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Issue 27 - Get award winning value with MOVE Bank

We are excited to announce that MOVE Bank has won four Rate City Gold awards and has been recognised as Customer-Owned Bank Personal Lender of the Year at Money magazine’s 2022 Consumer Finance Awards! Rate City has awarded MOVE Bank with the following awards: › Best Small Deposit Home Loan – Complete Package Variable Owner Occupied› Best New Car...

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Issue 27 - Credit Cards: Are they right for you?

Credit cards have a mixed reputation, and the reason for this is that they can be both good and bad; depending on how you use them. To help you decide if one might be right for you, here is our guide on when a credit card can save you money, vs when it might cost you.   The Good Build your credit history With the introduction of comprehensive c...

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Issue 27 - Notice to Shareholding Members

The ANNUAL GENERAL MEETING of Railways Credit Union Limited trading as MOVE Bank (“MOVE Bank”) will be held on Thursday 17 November 2022. 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 or...

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Issue 27 - Protecting our members from financial crime

The safety and security of our members and their personal information is a serious matter, and a priority for the team here at MOVE Bank. When it comes to financial crimes and scams, education and awareness plays a vital role in our overall strategy to protect you, our members. Our annual ‘Bank Smart, Bank Safe’ week is part of this strategy. A we...

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Issue 26 - From your CEO

As we move further into 2022, we continue to focus on delivering improvements that will enhance our member's banking experience and ensure outstanding value across our product range. National recognition We’re proud to share that MOVE Bank has been recognised by Canstar for offering outstanding value across our investment portfolio, receiving the...

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Issue 26 - Making the most out of the new MOVE Bank App!

In January we launched our new banking App, providing our members with an even better platform to perform their banking on the go. With increased functionality and an improved member experience, the new MOVE Bank App introduced a range of exciting new features for members across Android and iPhone. Some of the highlights include: - Secure access...

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Issue 26 - Invest in 5-star value

We are thrilled to announce that our investment loans have been recognised with a 5-star rating from Canstar for outstanding value. MOVE Bank has been named Canstar’s Investment Home Lender for 2022. Receiving this award is particularly important to us, as it reflects the exceptional value we off er to members who are purchasing or refinancing an ...

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Issue 26 - Should your next car be electric?

With electric vehicles becoming more accessible within Australia, you may be considering making the move to an electric car. So let’s explore the pros and cons of going electric! Purchase Price There are common perceptions that electric cars are much more expensive to purchase than gas-powered vehicles. Although the initial costs can be slightly ...

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