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BSB 650 000
Tuesday, 2 July 2019
Newcastle Permanent’s CEO Bernadette Inglis, announced today that, "Following the RBA’s decision to cut the official Cash Rate to an historically low 1.00%, we have placed our deposits and lending interest rates under review."
The Reserve Bank reduced the official cash rate by 0.25% to 1.00%. "Following the review of our interest rates, we will advise any customers who have products affected by any changes," Ms Inglis added. "We understand that customers will be keen to know the outcome of our review, and expect to make an announcement shortly. "Customers can be certain that we will continue to offer great value and award winning products and services, while balancing the needs of all of our customers when making a decision on interest rate movements. "Newcastle Permanent is a customer owned banking institution. We don’t pay dividends to shareholders, we retain all our profit within the business to maintain our outstanding financial strength and deliver value to our customers in the form of exceptional service, multi-award winning products and highly competitive interest rates," Ms Inglis said.
With many customers now choosing contactless ways of banking, you will find these branches open on a Saturday morning: Greenhills, Charlestown Square, Raymond Terrace, Glendale, Kotara, Mount Hutton, Swansea, Erina, and Tuggerah.
You may notice a few hygiene and social distancing changes in our branches to protect customers and our people.