Personal Loans - Banks & Credit Unions - Community First Credit Union

Community First Credit Union

Starting out in 1959 as a credit union exclusively for Salaried Officers of the Metropolitan Water, Sewerage and Drainage Board (Sydney Water), Community First Credit Union has grown a lot since then. Today, it provides its services to the community at large as the biggest community based credit union all throughout Sydney and the Central Coast region. Community First boasts of more than 700,000 members and 13 Financial Service Stores. It also manages more than 700 million AUD in funds. Aside from that, Community First provides its members with extra protection by contributing to the Credit Union Financial Support System, an industry support scheme that provides members of credit unions with deposit protection.

Since Community First is a credit union, it does not need to pay dividends to shareholders. This is why the profits earned are given back to members so they can all enjoy reasonable interest rates on various loans. If you would like to put your savings in a financial institution, Community First Credit Union will be a good choice as surveys of customer satisfaction reveal that it continues to outperform banks when it comes to satisfying customers with their services.

Loyal members of Community First enjoy rewards such as lower fee structures. Majority of Community First's members don't even have to pay transaction fees because of their member fee allowance. There are also no loan account keeping fees, which will really help you save more of your money.

With Community First, you have the opportunity to get home loans, low-rate VISA debit and credit cards, insurance, personal loans, and financial planning. By availing of their products, you'll be sure that you are getting the best deals as evidenced by the fact that Community First's products have garnered awards from magazines that are very knowledgeable about the finance industry.