Issue 19 - MOVE Bank wins Australia’s Best Small Mutual Bank of the Year!

We’re excited to announce that we have been recognised as Australia’s Best Small Mutual Bank at Mozo’s Experts Choice Awards for Australia’s Best Banking 2020 and Personal Lender of the Year at Money magazine’s 2020 Consumer Finance Awards!    Mozo Experts Choice Awards- Australia’s Best Banking 2020 To determine the winners of the 202...

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Issue 19 - From your CEO

With the impact of COVID-19 continuing to be felt throughout the community, your financial wellbeing remains our number one priority. Over the last few months we’ve been working with members who have been financially impacted by COVID-19, providing special support with banking and the opportunity to defer loan repayments. While it’s pleasing to s...

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Issue 19 - Relief Package

Assistance for members impacted by COVID-19 The COVID-19 crisis means many of us are facing challenges and uncertainty. We understand that members have been affected by current events and some will suffer financial hardship. The following assistance package is available to support members financially impacted by COVID-19. Banking We know that t...

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Issue 20 - MOVE Bank named top lender for first home buyers in Queensland

We are proud to announce that we’ve been named the top lender for first home buyers in Queensland! Canstar’s annual First Home Buyer Awards saw us compete against some strong contenders this year, with MOVE Bank emerging as the clear winner of the coveted Customer-Owned Institution of the Year- First Home Buyer Award for Queensland.   Ab...

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Issue 19 - Protect yourself from COVID-19 related scams

Unfortunately, scammers are taking advantage of current events with over 2000 coronavirus-related scams reported to Scamwatch Australia over the last few months [1]. The most commonly reported are phishing scams aimed at gaining access to your personal and banking information.   What do these scams involve? These unsolicited emails, text messag...

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Issue 19 - Notice to Shareholding Members

The ANNUAL GENERAL MEETING of Railways Credit Union Limited trading as MOVE Bank (“MOVE Bank”) will be held on Tuesday 17 November 2020. A notice of meeting and explanatory statement will be sent to shareholders in early October.   Call for nominations Nominations are called for the position of Director of MOVE Bank.  In order to be nominated, a...

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Issue 19 - Time for an insurance check-up

Many of us 'set and forget' our insurance policies, which means we often don’t increase the replacement value of our home and contents when we renovate, refurbish or make big-ticket purchases, leaving us easily underinsured.   That’s why it’s important to regularly assess your cover to make sure you’re adequately protected. If it’s been some time...

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Issue 19 - Farewell and thank you, Andrew

After 11 years of serving our great member-owned organisation, Andrew Haynes has made the decision to retire from the Board of MOVE Bank. Andrew has served on the Board since 2009 and as Chair from 2016-2019. During his tenure, Andrew also held positions as Chair of the Risk Management Committee and member of the Audit and Compliance, Remuneratio...

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Issue 18 - How to set realistic financial goals

For many of us, setting financial goals may seem like an overwhelming task that can quickly end up in the ‘too hard’ basket.  To help tackle this, here are a few simple steps to get you back on track to a path towards financial freedom.   Create a vision The best way to start setting realistic financial goals is to determine what will motivate y...

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