Credit Unions in QLD Offer Help in Many Ways
Credit Unions Are Very Helpful
The different financial services offered by credit unions in QLD can be very beneficial. After all, credit unions are operated under the same general banking standards that traditional banks work under but they are often structured differently – in ways that provide more benefit to their members. Here’s a breakdown of what you can get out of a credit union in Queensland.
General Financial Services
The services that you would get out of a credit union in the state are similar to what is found in a bank. The big difference is that you will be getting better terms out of a credit union than what you’d get from a bank. This is because credit unions in QLD are owned by their members. They are non-profit institutions that use the profits earned to provide members with better terms and deals.
The services that you could get out of a credit union include:
- Savings accounts
- Lending services
- Credit card services
- Superannuation payment assistance
- Cheque accounts
- Support for debit cards
- ATMs; these can include ATMs in the rediATM network depending on the union you are in
You should know that not all credit unions around Queensland will have all of these options. After all, the assets that a credit union will have are much lighter than what you would expect from a larger bank.
However, the number of services that credit unions have been using has gone up as word about credit unions has begun to spread around Queensland and other parts of Australia. In fact, there are dozens of different credit unions that you could choose from. You can learn about some of the names of these unions later in this article.
Helpful Access
There are many ways how you can get in touch with different credit unions in QLD. For example:
- You could check with a union through one of its branches. A number of unions will have branches located around all of Queensland. You might not be able to find any branches outside of the state though.
- Many unions have begun to offer online banking services. This can help you to monitor your accounts with a union at any time of the day.
- Phone services are available from many credit unions. However, the localised approach that a credit union uses may keep it from providing twenty-four hour phone service. This is due to all of the staff being local to Queensland.
- You may get access through ATMs of all sorts. You should check with a union to see what ATMs it is affiliated with and if it is a member of the rediATM network.
- Some unions can handle bank payment services through the Australian Post’s Bank@Post service. This could help you to get different bank payments handled through any Bank@Post outlet around Australia.
Queensland’s Credit Unions
There are dozens of credit unions that you can find in the state. Here are just a handful of the options that you could consider:
- Australian National Credit Union
- Big Sky Credit
- Capricornia Credit Union Ltd
- Creditlink
- Credit Union Australia
- Discovery Credit Union Ltd
- Electricity Credit Union Ltd
- La Trobe University Credit Union
- Queensland County Credit Union Ltd
- Uni Credit Union Ltd
Getting in touch with one of the many different credit unions in QLD is one of the best things you could do when it comes to managing your money. Contact one today and see what they can do to help you manage your finances.
Related posts:
- Credit Unions Stepping Up in South Australia (SA)
- Credit Unions Australia Has to Offer You
- Credit Unions Vs. Banks: What’s The Difference?
- Community CPS Credit Union – Australia Home Loans
- FCCS Credit Union
- Wayne Swan Tells Borrowers to Consider Building Societies and Credit Unions
- People’s Choice Credit Union Line of Credit
- Mutual Banks Offer Great Mortgage Rates
- The Government urges Borrowers to consider a Credit Union Home Loan
- ME Bank Members Package
Top Home Loans
| Home Loan | Details | Interest Rate (p.a.) | Comp Rate^ (p.a.) | App Fee / Ongoing Fee | Max LVR | Min & Max Borrowing | |
|---|---|---|---|---|---|---|---|
 Loans.com.au - Dream Catcher | A home loan offer with a $0 application fee and one of the lowest available home loan interest rates. | 5.85% | 6.21% | $0 / $375 | 80% | $50,000 / $750,000 |
 
|
 Bankwest Online Home Loan | A low interest rate home loan with a $0 application fee and ongoing maintenance fees. This offer is exclusively available by applying online. | 5.97% | 5.97% | $0 / $0 | 80% | $100,000 / $1,000,000 |
|
 Illawarra Home Loans Bank Beater Home Loan | A low variable rate, beaten down even further by 0.05% p.a. after 5 years. | 6.07% | 6.35% | $0 / $345 | 90% | $250,000 / $1,000,000 |
|
 State Custodians Mortgage Company Standard Variable Offset Loan | Awarded the 2011 Non bank Lender of the Year this feature-packed loan rewards customers with a bonus rate drop of 0.25% after 5 years. | 6.02% | 6.23% | $0 / $345 | 95% | $150,000 / $1,000,000 |
|
Ask A Question