Changes to service offering, service and home loan fees

Credit Union SA has made the following changes:

1. Service ceased.

From Monday 7 March 2022, our Safe Custody service has been discontinued for new lodgements.

2. Effective 14 March 2022:

• A split loan fee of $150.00 for the first split and $100.00 for every split thereafter on the same security for all loan types.
• Guarantor fee of $200 payable whenever we prepare guarantee documents for a loan as requested.

3. Introduction of service fees. Effective 1 April 2022:

• A Safe Custody annual fee of $20.00. to be introduced for existing users of our safe custody service. This service is no longer available for new lodgements.
• A cheque book fee of $15.00 per new cheque book issued.
• A fee of $1.50 per member cheque withdrawal.

4. Introduction of home loan fees. Effective 11 April 2022:

• A Deed of Priority fee of $200.00 when deed of priority documents are prepared as requested (second mortgage).

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