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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