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Savings - FAQs
Take a look at our FAQs below:
- Do I have to be a member to open an account?
- How much do I need to deposit to open an account?
- How do I make deposits to my account?
- How do I make withdrawals from my account?
- How often will I receive information on my account?
Do I have to be a member to open an account?
The Credit Union is a mutual financial services organisation and as such is owned by its members, each one of whom is a shareholder. Part of the account-opening process is to open an account.
How much do I need to deposit to open an account?
You can open an account with as little as $1.
How do I make deposits to my account?
You can arrange to make deposits to your account by:
- direct credit of payroll or other income;
- transfer from another savings or transaction account;
- Internet or telephone banking transfer;
- over the counter at any branch of Credit Union Credit Union; or
- with your Redicard at any branch of Australia Post which has a Bank@Post facility.
How do I make withdrawals from my account?
Accessing your money will depend on the particular features of your account however we offer an extensive range of access facilities:
- Internet Banking
- Phone Banking
- Bpay
- Redicard
- Visa
- Cheque Book
- Branch withdrawal
How often will I receive information on my account?
Statements are issued six monthly or as requested.
Account Balances are available through our Internet and telephone banking services and Statements are available through our internet banking service.
Questions?
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- © Copyright 2012 MemberFirst Credit Union Limited
- ABN 61 087 650 593
- AFSL 244561
- BSB 802091
Any advice provided on this website did not take into consideration the circumstances and needs of any individual. If any advice provided on this website offers you a financial product regulated by the Financial Services Reform Act 2001, you must first consider our Financial Services Guide and the Terms and Conditions of Use for the product in light of your own circumstances and needs before acquiring the product.



