Great Southern Bank 470 Ruthven Street, Toowoomba City, Queensland 4350

Welcome to Great Southern Bank, located at Ruthven Street, Toowoomba City, Australia. As a trusted bank and financial institution, we offer a wide range of services to meet your banking needs.

Please note that our Online & Mobile Banking, Telebanker, and online applications will be temporarily offline from 03.30 am to 05.30 am AEST on Sunday, 3 September, as our team conducts scheduled maintenance. However, during this time, you can still access your money through ATMs, EFTPOS, Google Payᵀᴹ, Apple Payᵀᴹ, Samsung Payᵀᴹ, and our debit and credit cards. If you need an up-to-date account balance from an ATM, it will be available when we're back online. We apologize for any inconvenience caused.

At Great Southern Bank, we are dedicated to helping you save your deposit faster with our smart tools, features, and products. Whether you're facing financial hardship or challenging circumstances, we are here to assist you. Our team can provide support if you are experiencing financial stress, difficulty making payments, or vulnerability due to family violence, financial or elder abuse, or mental illness.

We also offer assistance with handling a deceased estate, including guidance on what you will need and where to start. Our knowledgeable staff can help you navigate this process with care and understanding.

Loans are issued by Great Southern Bank, a business name of Credit Union Australia Ltd ABN 44 087 650 959, AFSL and Australian Credit Licence 238317. Our lending criteria, limits, conditions, and fees apply, and applications are subject to credit approval. Please note that rates are current as of 10 August 2023 and are subject to change.

When it comes to repayments, your loan contract will state the minimum monthly repayment amount. However, you can arrange with us to make repayments on a weekly or fortnightly basis for added flexibility.

If you're in the market for a new home loan, we offer discounts off the Basic Variable Reference Rate. These discounts are available for new home loans with a minimum application amount of $100,000 or for switching or restructuring existing home loans with at least $10,000 in new borrowing. The discount eligibility is based on factors such as loan purpose, repayment type, and Loan to Value Ratio (LVR). Please note that maximum LVR applies, including Lenders' Mortgage Insurance and Great Southern Bank loan setup fees where applicable.

We want to make sure you have all the information you need to make informed decisions. Our comparison rate is accurate for a $150,000 secured loan over 25 years. However, please be aware that this rate may not include all fees and charges. Different terms, fees, or loan amounts might result in a different comparison rate.

For a limited time, we are offering a special deal that includes $0 Establishment Fee. This offer is open to new or existing customers applying for a minimum application amount of $100,000 or more. To be eligible, applications must be received between 31/08/2022 and 31/10/2023 and settled by 31/01/2024. Please note that Great Southern Bank reserves the right to withdraw or amend this offer at any time without notice.

If you're in the process of searching for a property, applying for pre-approval can provide you with the maximum amount you can borrow. Pre-approval means that a lender has agreed to lend you a certain amount of money in principle, giving you the confidence to negotiate and make offers with certainty.

Lastly, 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. We can provide more information on these programs and guide you through the application process.

At Great Southern Bank, we are committed to providing exceptional banking services and support to our customers. Contact us today to find out how we can help you achieve your financial goals.