ADDITIONAL FEES & CHARGES

MEMBERSHIP SHARES

Members join the Credit Union by purchasing a $2.00 share. This is refundable upon closure of your membership, providing all your debt obligations have been met.

COST FREE TRANSACTIONS

  • Internet banking
  • Cash deposit
  • Payroll – Whole and Pay deductions
  • Transfers
  • Branch cash withdrawals (daily limit $1,000. 24 hours notice required for amounts over $1,000)
  • Branch cheque withdrawals
  • BPAY payments
  • Periodical payments
  • Direct debits and credits
  • Phone balance enquiry
  • Visa credit transactions

FIXED TERM DEPOSITS

Redemption of a fixed term prior to maturity date will result in in the in the interest rate being reduced to 1% p.a for the period the funds were invested.

LOANS

  • No penalties for additional payments
  • Credit references on all loans $13.94

SECURED LOANS

PPSR Listing$6.80
Vary PPSR Listing$6.80
Bill of Sale$13.00
Mortgage Valuation$225.50(Illawarra area)
Mortgage ValuationAt Cost (outside Illawarra area)
Mortgage DischargeAt Cost (Solicitors cost)
Solicitors ChargesAt Cost

REDICARD/VISA CARD USAGE

  • 15 ATM or EFTPOS transactions each calendar month free
  • There is a charge of $1.25 for each ATM or EFTPOS transaction in excess of 15 per month
  • Charged the 1st working day of the following month
  • Replacement cards and/or pins may incur a fee of $10.00 each

VISA DEBIT CARD

Card Fee$1 per month
Card Replacement Fee$10
Overseas Cash Withdrawal Fee$3
Currency Conversion Fee2%
Emergency Overseas Card Replacement$200
Voucher Retrieval Fee$25
Chargeback Fee$25
Visa Rates (visit site for daily rate)https://www.visa.com.au/travel-with-visa/exchange-rate-calculator.html

COMPANY/BUSINESS ACCOUNTS

  • Monthly Account Fee – $3.00 per month charged on the first working day of the month
  • Cheque Deposit Fee – $0.10 per cheque deposited. Charged on the first working day of the month
  • Personal Cheque Withdrawal Fee – $0.10 per personal cheque withdrawn charged on the first working day of the month.

FOREIGN EXCHANGE/TRAVEL PRODUCTS

Product  
Draft (AMEX)
- Australian$5.00$11.00
- Foreign Currency$5.00$8.00
Travellers Cheques (AMEX)
- Australian$5.000.55% (min %6.60)
- Foreign Currency$5.00Nil
Foreign Currency (cash)$5.00Nil
Multi-Currency Cash Passport Card$5.00Nil
Telegraphic Transfer (AMEX)$5.00$16.50

OTHER CHARGES

ProductFeeCharged
Bank Cheque$12.00 Bank fee
$5.00 Credit Union fee
At request of bank cheque
Corporate Cheque stop payment fee$15.00 (bank fee inc GST)Immediately
Member Cheque Dishonour$35.88 (Bank fee inc GST)Immediately
Member Cheque stop payment (payable if
cheque is presented)
$35.88 (Bank fee inc GST)Upon stopped cheque being presented.
Direct Debit Dishonour$20.00 (this includes Bank and Credit Union Fee)Immediately
Duplicate Statements$1.00 per pageUpon request
Dormancy Fee (charged when no transactions are made for 2years)$10.00 p.aAnnually
Agency Withdrawal (non member)$5.00Immediately
Express Post if requestedAt cost, small $6.35, Large $7.60Immediately
SWIFT Deposit$6.29Upon receipt of funds
BPAY Inquiry$5.13 (Bank fee inc GST)Upon request
BPAY Correction Fee$20.50 (Bank fee inc GST)Immediately
Investigation of ATM discrepency$19.50 (Bank fee inc GST)Upon request