Bank Australia
★ 4.2 / 5
credit union · Est. 1957 · HQ VIC · ABN 81 087 651 130
Customer-owned ethical bank; refuses to lend to fossil-fuel projects.
Pros & cons
Pros
- Ethical investment policy
- Customer-owned
- Solid variable rates
Cons
- Branches sparse
- Limited investor appetite
Bank Australia home loan products
| Product | Type | Rate | Comp. rate | Features |
|---|---|---|---|---|
| Basic Home Loan | variable | 6.14% | 6.17% | redraw, extra repay |
Indicative monthly repayment on a $500,000 loan over 30 years at Bank Australia's lowest rate (6.14% p.a.): $3,043/month. Run a full comparison on our repayment calculator.