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G&C Interest Rate Changes – August 2022
On Tuesday 2 August 2022, the Reserve Bank of Australia (RBA) announced a further 50-basis point increase to the official cash rate. Following this decision to increase Australia's cash rate we have made the decision to raise interest rates for both borrowers and depositors.
NSW Ambulance Employee of the Month for June 2022
As the proud sponsor of the NSW Ambulance Employee of the Month Awards, G&C Mutual Bank is pleased to announce the recipient for June 2022: Tommy Lam. Congratulations, Tommy!
NSW Ambulance Employee of the Month for May 2022
Each month, NSW Ambulance employees nominate a colleague for the Employee of the Month Award, which is proudly sponsored by G&C Mutual Bank. The award recognises those who go above and beyond for their team and the community. The recipient for May 2022 is Drew Edwards. Congratulations, Drew!
Footnotes:
- 1 These rates apply to retail deposits only. These rates are only offered if the member nominates for interest to be paid on maturity or when the term exceeds one year where interest must be paid annually. Monthly, quarterly and six monthly interest is available with a reduction on the current rate. Where funds are withdrawn from a term deposit account prior to maturity, a reduced rate of 0.40% interest applies. For terms outside of the advertised rates, call 1300 364 400 or visit your local Service Centre for more details.
- 2 Eligibility criteria, terms & conditions and fees & charges apply.
- 3 Comparison rate based on secured $30,000 loan over 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
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