Great Southern Bank

Welcome to Great Southern Bank, located at 25 McCrae Street, Dandenong, Australia. As a leading bank and financial institution, we offer a wide range of smart tools, features, and products to help you save your deposit faster. Whether you're facing financial hardship, challenging circumstances, or struggling with financial stress, our team is here to assist you.

We understand that life can throw unexpected challenges your way, which is why we provide options to help those experiencing vulnerability due to family violence, financial or elder abuse, or mental illness. Our dedicated team is committed to supporting you through these difficult times.

Additionally, if you need assistance with handling a deceased estate, our knowledgeable staff can guide you through the process and provide the necessary information to get started.

Loans are issued by Great Southern Bank, a business name of Credit Union Australia Ltd. We have a range of lending criteria, limits, conditions, and fees that apply. Rest assured, our dedicated team will work with you to ensure a smooth application process, and all applications are subject to credit approval.

When it comes to loan repayments, we offer flexibility. Your loan contract will state the minimum monthly repayment amount, and you can arrange with us to make repayments on a weekly or fortnightly basis, whichever suits your needs.

For new home loans or switching/restructuring existing loans, we offer discounts off the Basic Variable Reference Rate. The interest rates and discounts vary based on the loan purpose, repayment type, and Loan to Value Ratio (LVR). Please note that maximum LVR applies and includes Lenders' Mortgage Insurance and Great Southern Bank loan setup fees where applicable.

At Great Southern Bank, we strive to provide the best offers and services to our customers. However, please be aware that we may withdraw or amend these offers at any time without notice. Changes in loan purpose, repayment type, or loan product will permanently end your entitlement to the discount.

To assist you in your property search, we offer pre-approval, which allows you to know the maximum amount you can borrow. While pre-approval is not a fully approved loan, it can help you narrow down your search, negotiate, and make an offer with certainty and confidence.

Furthermore, the Australian Government has introduced initiatives to support eligible Australians in building or purchasing a new home sooner. These initiatives include the First Home Guarantee, Family Home Guarantee, and Regional First Home Buyer Guarantee. Our team can provide you with more information on these programs and guide you through the application process.

Visit Great Southern Bank today and let us help you achieve your financial goals. We are committed to providing exceptional service and support to our customers, no matter the circumstances.