Newcastle Permanent Building Society

Ratings

4.5

Overview

The Newcastle Permanent Building Society is one of Australia's largest and most well-known financial institutional societies. Founded in 1903, the Society has over a hundred branches nationwide. These include home loans, personal loans, savings accounts, and investment products, from mortgages to banking solutions for both individuals. The Society is committed to providing its members with competitive rates and excellent service and is widely regarded as a trusted and reliable provider of financial services.

  • Bank Type

    Private Bank

  • Founded

    1903

  • Headquarters

    Newcastle, New South Wales, Australia

  • Industry

    Banking and financial services

  • Formerly/Predecessor

    Starr-Bowkett Society(F)

  • Subsidiaries

    Greater Bank

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Pros & Cons-Newcastle Permanent Building Society

Pros

  • Strict lending policies.
  • Home Loan for Self-Employed.
  • Signup Fees.
  • Customer Support.

Cons

  • High Property Value for First Home Buyers.
  • Strict Age Restrictions.

 Newcastle Permanent Building Society is a patron-owned banking institution that operates totally for the benefit of its members, in this manner that in place of being owned by using shareholders, the financial institution is owned with the aid of its members, who have a say in how the financial institution operates and what services it offers. The financial institution is in Newcastle, New South Wales, and has over a hundred branches throughout New South Wales and Queensland.

The undertaking of the Newcastle Permanent Building Society is to offer its members with monetary answers that help them obtain their economic goals. The financial institution provides various products and services: financial savings debts, transaction bills, home loans, personal loans, credit cards, insurance, and financial planning offerings.

One of the main features of the Newcastle Permanent Building Society is its patron-owned shape. As a patron-owned bank, the institution is focused on the wishes of its participants, as opposed to shareholders' wishes. This approach that the financial institution can provide higher hobby costs, decreased prices, and extra customised carriers than many different banks.

Another characteristic of the Newcastle Permanent Building Society is its commitment to responsible banking practices. The financial institution is committed to moral and sustainable practices and invests in renewable strength initiatives and other environmentally friendly tasks. This dedication to sustainability is a critical advantage for individuals worried about their surroundings.

In addition to its patron-owned structure and dedication to sustainability, Newcastle Permanent Building Society gives quite several benefits to its participants. These advantages consist of the following:

  • Competitive hobby charges: Newcastle Permanent Building Society offers some of the maximum competitive hobby rates within the marketplace, mainly for its domestic loan merchandise.
  • Low prices: The financial institution costs decrease fees than many other banks, meaning that participants can shop cash on their banking transactions.
  • Personalized carrier: As a patron-owned bank, Newcastle Permanent Building Society aims to build relationships with its individuals. This approach that contributors can anticipate customized providers and aid from the bank's body of workers.
  • Community involvement: Newcastle Permanent Building Society is committed to assisting the communities in which it operates. The financial institution invests in network projects and initiatives, encouraging workers and participants to worry about volunteering and other network sports.

Newcastle Permanent Building Society offers an extensive range of services to its individuals, together with:

  • Savings bills: The bank gives a range of savings accounts, such as online savings accounts, kid's financial savings money owed, and period
  • Transaction debts: Newcastle Permanent Building Society offers various transaction debts, including ordinary transaction debts and price-unfastened transaction accounts.
  • Home loans: The bank offers quite several domestic loan merchandise, which includes constant-price domestic loans, variable price home loans, and construction loans.
  • Personal loans: Newcastle Permanent Building Society offers non-public loans for various functions, car loans, vacation loans, and debt consolidation loans.
  • Credit playing cards: The financial institution offers various cards with competitive and low-interest
  • Insurance: Newcastle Permanent Building Society gives quite several coverage merchandises, together with home and contents coverage, vehicle coverage, and journey insurance.
  • Financial planning offerings: The bank offers economic planning services to help contributors attain their monetary dreams.

Newcastle Permanent Building Society gives several debts to the healthy the needs of its members, inclusive of:

  • Savings debts: The bank offers many financial savings bills, consisting of the Online Savings Account, which gives high-interest Rates and no account-retaining charges, and the Bonus Saver Account, which rewards participants with bonus interest for making regular
  • Transaction accounts: The bank gives more than a few transaction debts to shape one-of-a-kind needs, which include the Everyday Account, which has no month-to-month account-keeping costs, and the Everyday Account Smart Option, which gives loose unlimited transactions and a linked Visa debit card.
  • Home loans: Newcastle Permanent Building Society offers various home loan merchandise, which includes Fixed Rate Home Loans, which give certainty of repayments, and the Real Deal Home Loan, which combines a low variable hobby rate without an application, valuation, or agreement fees.
  • Personal loans: The bank offers non-public loans for various purposes, including automobile loans, excursion loans, and debt consolidation loans. The loans have aggressive hobby rates and flexible repayment options.

Credit playing cards: Newcastle Permanent Building Society gives credit score playing cards with aggressive interest rates and low prices, along with the Low Rate Visa Credit Card and the Platinum Visa Credit Card.

Newcastle Permanent Building Society has over 100 branches throughout New South Wales and Queensland. The commencing hours of the branches vary depending on the location. Generally, the branches are open from nine:00 am to five:00 pm on weekdays, and some branches are open on Saturdays. Members can check the outlet hours of their nearest branch on the financial institution's website.

Contact Details

Newcastle Permanent Building Society has a customer service group to help members with their banking needs. Members can touch the financial institution by phone, e-mail, or touring a department.

 To touch Newcastle Permanent Building Society employing telephone, contributors can name the financial institution's customer support crew on thirteen 19 87. The group is available from 8:00 am to 7:00 pm on weekdays and from nine:00 am to 12:00 pm on Saturdays.

Members can also touch the bank through e-mail by filling out the net touch shape on the financial institution's website. The financial institution aims to respond to emails within two enterprise days

Frequently Asked Questions

How good is the Newcastle Permanent Building Society?

Newcastle Permanent Building Society is a reputable customer-owned banking institution providing financial services to its members for over 100 years. It offers a range of products and services, competitive interest rates, and personalised service and support.

Who is the owner of the Newcastle Permanent Building Society?

Newcastle Permanent Building Society is owned by its members, who have a say in how the bank is run and share in its profits through dividends and other benefits.

How do I contact the Newcastle Permanent Building Society?

Members can contact Newcastle Permanent Building Society by phone at 13 19 87, email through the online contact form on the bank’s website, or visit a branch. The bank’s customer service team can assist members with their banking needs.

How much cash can I withdraw from Newcastle Permanent Building Society ATM?

The daily withdrawal limit for Newcastle Permanent Building Society ATM is $1,000.

Why use us?

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Low interest rates

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Australian based support team

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