Interest rate are low. They keep an eye out for suspicious transactions. Give great financial advice. Only thing that I'm not happy about is that it is a bit difficult to send money to a few countries overseas to family so we don’t use them for that.
I left a major bank to become a member, they gave me my home loan and I had never banked with them before. Their rates are on par with the other lenders, but their customer service rates are so much higher than the banks. They know you by name and take an interest in you, nothing is ever an effort. All my family and friends now bank with them.
This credit union has such a personal service. Even though I applied online the service was excellent. They answered all my questions and met all my needs.
Sydney Credit Union (when I had a mortgage) was the best bank to deal with. They were fair, always ready to explain things and were very happy when I paid out the mortgage early.
My bank is always there for me, continuous help and kindness, friendly staff who actually know who I am. Even now and then we will receive a hello phone call just to see how we are going. Exceptional :)
SCU are the best bank we have ever dealt with: personal service, attention to our needs and extremely competitive. Highly recommended.
Pros - product is easy to manage on line and very self explanatory. No penalties if paid out early and can make extra payments easily online. Good interest rate. 5 star customer service and questions are answered openly. Product is presented honestly. Cons - have to pay $100 to access drawdown facility to access my own money!!! Don't pass on the full interest rate cuts.
SCU has very competitive home loan packages. Their interest rates are only put up according to the Reserve Bank's guideline and letters are always sent out stating new rate and giving you a start date instead of immediately raising of your mortgage as a lot of the major banks do. Staff are always very friendly and a my branch is small, they always greet me by name, which I find very customer friendly. I would say there are no cons as far as I am concerned.
Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.
Want more? Compare all 531 home loans in the Mozo comparison engine.Compare more home loans
Mozo gives you the inside story on the best banking, energy and insurance products as rated by thousands of real customers around Australia. We don't make subjective judgments, nor do advertisers influence our ratings. Although our reviews may be moderated to improve quality standards, they are moderated independently of any of Mozo’s commercial relationships.