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 - 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 - 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 - 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 - 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 28 - From your CEO

Rate Changes With Australia currently experiencing high inflation and low unemployment, the past 3 months have seen some of the most aggressive RBA rate increases on record. After each new announcement, we have had to review the rates on our savings and lending products. These are difficult decisions, which we know have a significant impact on our...

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Issue 27 - From your CEO

Rate Changes Following the Reserve Bank of Australia’s (RBA) official cash rate announcement in May, we have reviewed our interest rates and have made a number of changes. We have made the difficult decision to increase interest rates on our variable home and investment loans. This decision was not made lightly, as it is important that we maintai...

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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 - 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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