G&C Mutual Bank has raised interest rates for depositors on a number of our Savings Accounts.
Effective from 1 March 2023 we implemented increases across a number of our savings accounts of up to 0.50%p.a. SMSF Saver accounts also increased by up to 1.50%p.a.
Changes to the cash rate is one of the factors that informs our pricing decisions, however, there are other factors that we consider such as economic and market conditions, cost to lend and the competitor landscape. This helps us to assess and to continue to offer competitive rates to our members.
If you would like further information on any of our products or services, please review the information online or contact us on 1300 364 400 to see how we can help.
