Product & Services Booklet
Welcome to
1
WelcomeWe are excited to welcome you to Bankstown City Unity Bank
– a bank that is member focused and strives to deliver exceptional
service through innovative products, modern technology and
convenience.
This booklet is designed to assist you in making more informed
decisions in regard to fi nancial products and services which are
offered by Bankstown City Unity Bank.
We are 100% owned by our members which means we are not
answerable to fi nancial shareholders.
Instead, we are able to return our surplus funds to our members in
the form of great products, personal service and investment in our
local communities.
If you have any general enquiries about this booklet, or would like
more information about any of our products, please contact our
Member Service Centre on 1300 65 4477.
2
24/7 Access
Direct Charge FEE-FREE ATM Access
Access to over 9,700 ATMs Australia wide 24/7. Use your VISA Debit card to check your
balance, withdraw funds and change your PIN at any rediATM.
rediATM (our preferred ATM network)
Look out for your nearest rediATM, there are over 3,000 machines Australia
wide. rediATMs will not charge Bankstown City Unity Bank members the
Direct Charge fee.
Cashcard ATMs
If you can’t fi nd a rediATM, then there is bound to be a Cashcard ATM near
you. There are over 5,500 machines located Australia wide in clubs, retail
outlets, hotels and newsagents.
NAB Bank ATMs
National Australia Bank (NAB) are now part of our Direct Charge
Fee-Free network. There are over 1,200 NAB ATMs across Australia.
To fi nd your nearest Direct Charge Fee-Free ATM visit bcub.com.au
3
Banking App
We are thrilled to announce the launch of the new and improved banking app! With an
abundance of new features, banking with our app has never been quicker, easier or more
secure. Now available for iOS and Android smartphones.
Mobile Banking
Mobile banking, ATM locations, contact details, it’s all at your fi ngertips using our FREE
mobile banking facility. Mobile banking lets you bank from the convenience of your mobile
phone anywhere, anytime. Access your balances or transactions easily, instantly and
securely using your mobile phone.
Android / Apple Pay
The convenience of a mobile wallet is now in your hands. Now you can tap and pay with
your phone. Download and add your Bankstown City Unity Bank VISA card to start making
simple, secure purchases today.
Banking Anywhere, Anytime
Internet and phone banking provides secure access to your accounts 24 hours a day,
seven days a week at your convenience whether you are at home or abroad.
4 | Unity Bank Product Book 2017
5
VISA Credit Card
Our VISA Credit Card rewards you with the lowest possible interest rate. It also offers you
an interest free period of up to 55 days on every new purchase, saving you money.
Plus you get:
A special interest rate for the fi rst six months
No annual fee for the fi rst year
Additional cardholder’s card at no charge.
VISA Debit Card
Linked to your Access Savings Account, use your own money and still get the
worldwide convenience wherever VISA is accepted. We can also arrange the safety
net of an overdraft facility.
24/7 Access
Debit and Credit Cards
6
A loan for every need
Home Loans
Our home loans are available for owner occupiers, investors or to refi nance your current loan
from another fi nancial institution.
Our First Rate Home Loan has no gimmicks, just a straightforward variable rate that
allows you to own your home sooner. There are no ongoing account keeping fees and no
early repayment penalties. You can make the repayments weekly, fortnightly or monthly,
it’s your choice.
Our All in One Home Loan offers greater fl exibility with a complete range of features and
a highly competitive variable interest rate.
This product ticks all the boxes:
100% interest offset facility
NO annual fee on VISA credit card
Discount on home & contents and building insurance
0.25% p.a. bonus interest on term deposits
EXTRA FREE monthly transactions
No monthly account keeping or service fees
Access to our ‘Premium Rate’ for personal loans.
Our Fixed Rate Home Loan gives you peace of mind knowing that your repayments will
stay the same during the fi xed period. Our competitive fi xed rate terms are available for
1, 2, 3 and 5 years and come with a number of optional extras including:
Rate Lock Option (you can choose to lock in the rate at the time of application)
Split Option (have part of your loan fi xed and the rest variable).
7
Our First Home Buyers Loan is designed to help you purchase your fi rst property. We’ll
lend up to 95% of the value of the property and will give you a special reduced rate on the
property valuation and legal costs. This loan is only available to applicants who are eligible
for the First Home Owners Grant scheme.
Our Home Equity Line of Credit allows you to borrow against the value of your home for
almost any worthwhile purpose: buying shares, getting a deposit on an investment property,
building an extension, even taking a holiday.
Our Interest Only Loan allows you to repay only the interest on the amount of your loan for
a set term of the loan, ideal for any borrower. This option is great if you intend to build or
occupy the property and renovate – the lower repayments mean you have more to spend
on the renovations.
All of our variable Home Loans come with exclusive benefi ts:
FREE redraw facility
NO early payout penalties
Make extra repayments whenever you like
Fast approval.
8
FEATURES ALL IN ONE REWARDS ALL IN ONE
Why choose this loan?A fantastic solution for
all your property needs
Complete fl exibility with
a full range of features
Unlimited extra repayments ✓ ✓
Free redraw ✓ ✓
100% interest offset facility ✓ ✓
No monthly or annual fees ✓
Discount on Personal and Car loans ✓
No annual credit card fee ✓ ✓
Discount on Home Building& Contents Insurance ✓
A loan for every need
Choose Your Home Loan
A full list of features and benefi ts.
9
FIRST RATE TIDE YOU OVER FIXED RATE
Great ongoing
variable interest rate
For when you need
just a little extra
Lock in your
great rate
✓ ✓
✓ ✓
✓ ✓ ✓
10
A loan for every need
Personal Loans
Our Personal Loans offer superior value and can be used for just about anything
worthwhile. Something for the house, a boat or a caravan, renovating or landscaping, even
a holiday or just consolidating your debts.
It’s all possible with our Personal Loans. You can borrow from as little as $2,000 with
fl exible repayment options to suit your needs.
Car Loans
We offer fi xed or variable loans for new or used cars up to 3 years old. Talk to us in advance
of buying your car and we will pre-approve the loan to help you negotiate a better deal.
Savings Account Overdraft
Think of your Savings Account Overdraft as your fi nancial safety net. It’s linked to your
Access Savings Account, and you can access the funds just as you would access your
Savings Account. An overdraft can help you reduce the possibility of bounced cheques or
rejected transactions and is particularly useful if your pay varies from week to week.
You pay no interest on your overdraft until you use it, and then only on the portion you use.
It’s like having a pre-approved loan ready and waiting.
Special Purpose Loans
The range of Special Purpose Loans consist of reverse mortgages, loans for the self
employed, commercial loans and vehicle and equipment leasing.
These Special Purpose Loans are provided by trusted associate companies. However for
your peace of mind, your point of contact will always be us, thus ensuring that you receive
the standard of service we are well known for.
11
12
Savings and investment accounts
Access Savings Account
This is the account that is automatically opened for you when you join Bankstown City Unity
Bank as a member. It is a transaction account that gives you the widest possible access to
your funds.
You can withdraw cash at ATMs, EFTPOS and Bank@Post, pay bills using BPAY through our
app, mobile, internet or telephone banking, use electronic funds transfer to direct credit your
salary, benefi ts and dividends and pay bills by direct debit.
Bonus Saver
Be rewarded for saving and reaching your goals faster. There are no account keeping fees
and interest is calculated daily and paid monthly. You can simply access your Bonus Saver
account by using our app, mobile, internet or telephone banking.
Power Up eSaver
Enjoy a higher interest rate with 24/7 access to your money via our app, mobile, internet
or telephone banking. It’s easy to apply for and you can start with as little as $1.
Interest is paid monthly.
Pensioner Security Account
An account exclusively for senior members over 55 years of age that gives 24/7 access to
your funds in a variety of ways.
13
Christmas Club Account
This account is designed to save for the inevitable budget pressures of the Christmas
and holiday season. Put away some money every pay, and park unexpected windfalls like
your tax refund.
There are no deposit restrictions, but withdrawals can only be made from 1 November to
31 January to remove the temptation of forgetting why you started saving.
Cash Management Account
This account is great for those individuals who require 24 hour access using the
convenience of our app, mobile, internet or telephone banking or direct debit payments
but do not need a cheque book or debit card.
Fixed Term Deposits
A great investment option for funds you don’t need to access for a while. You can invest
a minimum of $1,000 for terms of 3 to 36 months, so you can choose whatever best
suits you.
14
15
Other services
Insurance
We are able to offer you the highest levels of protection at the lowest possible price.
Peace of mind cover is available for motor vehicles, home, home & contents, boat
& pleasure craft, caravans & trailers, landlord, and travel insurance.
Special Term Deposit for Young Members
Our Kick Starter Term Deposit is available only to members aged 14 to 25 years
and has a minimum deposit requirement of just $500. This product has been designed
especially in recognition of the needs of our younger members who are committed to
saving for their future.
Foreign Exchange Services
We are able to offer you a range of foreign exchange services, including Multi Currency
Travel Cards and telegraphic transfers.
Business Banking
We offer a range of banking solutions to help you make managing your business as easy
as possible. These include; payroll services, cheque books, business loans, overdrafts,
internet banking and point of sale terminals.
Financial Planning Advice
We can refer you to a qualifi ed fi nancial planner. A fi nancial planner can help you with
things like retirement planning, tax minimisation and investments. Your fi rst interview and
consultation are free.
Information in this brochure was correct as at 2 June 2017 and is subject to change. For all loans, terms and conditions,
fees and charges and approval conditions apply. Details such as current interest rates, comparison rates, fees
and charges, etc are available on our website www.bcub.com.au or by contacting any branch. The contents of
this brochure do not take into account your personal needs and fi nancial circumstances and therefore you should
consider whether the product is appropriate for you. Bankstown City Unity Bank is a division of Unity Bank Limited
ABN 11 087 650 315 AFSL/Australian Credit Licence 240399. It is recommended that you read the Conditions of Use
Booklet prior to acquiring the product.
Notes
Your member number
Bankstown City Unity Bank Product Book– June 2017
Our Vision
The lifelong fi nancial prosperity, security and dignity of our members.
Our Mission
Unity Bank is a member owned cooperative and fi nancial mutual. We are
100% committed to our members – maritime, mining and power workers, and
the Australian communities we serve. We will always stand by our members,
delivering better all round fi nancial value, service and care for the individual.
1300 65 4477
02 8263 3277
bcub.com.au
64 Kitchener Parade Bankstown NSW 2200
PO Box K237 Haymarket NSW 1240
facebook.com/BankstownCityUnityBank @BCUB_AU #BCUB_AU
Bankstown City Unity Bank is a division of Unity Bank Limited ABN 11 087 650 315 AFSL/Australian Credit Licence 240399.