Members concerned about the recent Optus cyberattack are urged to be vigilant and monitor for unusual activity on your accounts and look out for contact by scammers. If you have any concerns about your G&C Mutual Bank account, please contact us on 1300 364 400. Read more.
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Scam alert: Optus data breach
On 22 September 2022, Optus notified customers of a cyberattack compromising current and former customers’ information. Scamwatch is warning customers to protect their accounts and watch out for scams following the Optus data breach.
Advance Notice of 2022 Annual General Meeting
The 2022 Annual General Meeting of G&C Mutual Bank will be held in November 2022. The Board of G&C Mutual Bank call for nominations for one position of Director. Current appointed Director Dave Taylor has indicated that he will be continuing as a Director and will be nominating for the vacant elected position which the Board fully supports.
G&C Interest Rate Changes – September 2022
On Tuesday 6 September 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 borrowers.
*Special offer only available for applications approved or conditionally approved on or before 30 September, 2022.
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 Where funds are withdrawn from a term deposit account prior to maturity, a reduced rate of 0.40% interest applies.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 year Fixed Rate Principal & Interest Owner Occupied Home Loan. Offset account not available on this product.
- 3 Comparison rate based on $150,000 loan over 25 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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