8.7/10

Based on 442 Community First Bank product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.

Community First Bank savings accounts

Community First Bank is the largest community based credit union operating throughout the Sydney and Central Coast region, and the 23rd largest in Australia based on total assets. With over 70,000 members, Community First aims to continue to be an integral part of the communities in which its members live and work, and offers a wide range of financial services, including award winning savings and loans and credit cards. Membership is open to the community at large.

Community First Bank offers the following savings accounts

Rates and fees verified as correct at 22 June 2024. Other information correct at the time of writing. Advertiser disclosure.
Product Interest rate Maximum rate Govt deposit guarantee
Bonus Saver

0.05% p.a.(for $0 and over)

4.35% p.a. (for $0 and over)

Yes up to $250,000

How are Community First Bank savings accounts rated?

Mozo users have rated Community First Bank savings accounts on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of savings-accounts
Community First Bank savings accounts customer reviews
Overall
7.8/10
Price
7.0/10
Features
6.4/10
Customer service
8.2/10
Convenience
7.9/10
Trust
7.6/10
Based on 54 Community First Bank product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Recent Community First Bank savings account reviews

Community First Bank Savings Account
Overall 6/10
Not the most helpful bank

So, I was quiet happy with my bank until now. I am one of those people who don't want credit cards, for past bad experience..... yet sometimes I would need a small cash injection. In the last 2yrs, I required the services of Cash Converters for a small cash loan and it was very convenient at the time, we had no problems with the process of accessing my account to view statements online. Just 2 weeks ago, as it happens I needed some money urgently, so I went to Cashies. When I've put my account details into their PC I got denied access. Turned out that Comm. First don't give third party authorisation for accounts to identify people's bank details. Well, this has never been an issue before. I just don't get it.... at my bank the smallest loan is $2000, which I don't need, all I wanted is $500, or they offer a credit card which I definitely don't want. Why are they so difficult nowadays?? The only thing they achieved is, that I will close my account, and go to another bank, who's not forcing me to choose from a bad option to worse. No thanks....

Read full review

So, I was quiet happy with my bank until now. I am one of those people who don't want credit cards, for past bad experience..... yet sometimes I would need a small cash injection. In the last 2yrs, I required the services of Cash Converters for a small cash loan and it was very convenient at the time, we had no problems with the process of accessing my account to view statements online. Just 2 weeks ago, as it happens I needed some money urgently, so I went to Cashies. When I've put my account details into their PC I got denied access. Turned out that Comm. First don't give third party authorisation for accounts to identify people's bank details. Well, this has never been an issue before. I just don't get it.... at my bank the smallest loan is $2000, which I don't need, all I wanted is $500, or they offer a credit card which I definitely don't want. Why are they so difficult nowadays?? The only thing they achieved is, that I will close my account, and go to another bank, who's not forcing me to choose from a bad option to worse. No thanks....

Customer service
8/10
Convenience
7/10
Trust
4/10
Less
Valerie, New South Wales, reviewed 10 months ago
Community First Bank Savings Account
Overall 10/10
Community First looked after customers first.

We have been with Community First since it opened at Bankstown in the late 80s and they have always been truthful and reliable.

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We have been with Community First since it opened at Bankstown in the late 80s and they have always been truthful and reliable.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
8/10
Trust
9/10
Less
Carol ann, New South Wales, reviewed over 3 years ago
Community First Bank Savings Account
Overall 10/10
All good

Great

Price
9/10
Features
8/10
Customer service
9/10
Convenience
10/10
Trust
10/10
Less
Jason, New South Wales, reviewed over 6 years ago
Community First Bank Savings Account
Overall 0/10
Dreadful

Fees are not competitive, terrible customer service. Utterly unsuitable for business banking.

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Fees are not competitive, terrible customer service. Utterly unsuitable for business banking.

Price
0/10
Features
0/10
Customer service
0/10
Convenience
0/10
Trust
0/10
Less
Tony, New South Wales, reviewed over 8 years ago
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Savings account quick links