Geelong Bank Branch will be closed for Easter Public Holidays on:
Friday 7th April and Monday 10th April 2023
However you live, work, play or dream, we're here to make the most of your money.
Deposit your salary and enjoy a competitive interest rate identical to the *RBA’s cash rate for balances of $2,000.00 or more.
Also available if you have an Affinity Home or Car Loan.
Savings Accounts Features
|Minimum Amount :||$0|
|Auto Sweep Facility :||Yes|
|ATM/EFTPOS Access :||Yes|
|Online Banking :||Yes|
|Visa Debit Card :||Yes|
|Deposits Over The Counter :||Yes|
|Withdrawals Over The Counter :||Yes|
|Mobile Banking App :||Available for download|
|Phone Banking :||Yes|
|Direct Credits :||Yes|
|Direct Debits :||Yes|
|Periodical Payments :||Yes|
|Interest Calculation :||Balances above $2,000 interest payable determined by the current RBA cash rate and paid monthly.|
Geelong Bank is a mutual financial services organisation and as such is owned by its members, each one of whom is a shareholder. Part of the membership process is to open an account.
The Financial Claims Scheme (FCS) is an Australian Government scheme that provides protection and quick access to deposits in banks, building societies and credit unions in the unlikely event that one of these financial institutions fails.
Under the FCS, certain deposits are protected up to a limit of $250,000 for each account holder at any bank, building society, credit union or other authorised deposit-taking institution (ADI) that is incorporated in Australia and authorised by the Australian Prudential Regulation Authority (APRA).
The FCS can only come into effect if it is activated by the Australian Government when an institution fails. Once activated, the FCS will be administered by the Australian Prudential Regulation Authority (APRA).
In an FCS scenario, APRA would aim to pay the majority of customers their protected deposits under the Scheme within seven calendar days.
Affinity Saver Account
Speak to a consultant today.
Open a Savings or Transaction Account.