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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.
We continue to monitor COVID-19 daily. As a precaution, we may temporarily change the hours of our branches. Our locator tool will help you find an alternate branch close by. You can also download the app, internet banking or call our local call centre team to your banking safely from home.
You will find these branches open on a Saturday morning: Waratah, Wallsend, Greenhills, Charlestown Square, Raymond Terrace, Glendale, Kotara, Mount Hutton, Swansea and Erina.
Due to the COVID-19 lockdown in the Central Coast area and more customers choosing to bank from home, we have temporarily reduced our branch hours. All of our branches in the Central Coast area will be open Mon- Fri 9am-1.30pm and on Saturdays Erina Branch is open 9am-12pm (these changes do not apply to branches outside of the central coast).