About bcu

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bcu began in the early 1970s, when a small group of business owners on the NSW North Coast decided to create an alternative to the banks. Fed up with the limitations on traditional finance, and just wanting a fair go, they pooled their resources and started offering business loans to their colleagues.

40 years on, bcu’s network now spans from Port Macquarie to the Sunshine Coast, but despite our growth, we still provide a fair go banking alternative as we keep our products relevant, our fees fair and offer the little extras that many of our competitors don’t. So if you’re looking for a fair go alternative to the banks, choose bcu.

bcu history

Features & benefits

Feature Benefit
Regional credit union No external shareholders so profits are reinvested back into our products, services and our region
Stores and atms from Port Macquarie to south-east Queensland bcu spans a wide region, so our staff are nearby to help
Committed to supporting our region Promoting employment, economic diversity and growth throughout the region
Specialising in business banking Tailored products to suit all businesses, large or small
Products to suit all ages and stages Products for children, students, households and business
Competitive rates You won't pay extra for the privilege of banking regionally
Access options Choose the accounts that suit the way you like to do your banking
1300-number for assistance Calls are answered by the nearest available store. Available for the cost of a local call.
Mobile business support Get business support where and when it suits you
Fee-free banking available Choose the features you need, save on the features you don't
Free sub-accounts Automate your savings for better results
Apply online You don’t even need to come in to a store - join online!

 

Security

  • Deposits up to $250,000 are covered by the Government’s Deposit Guarantee.
  • bcu is regulated by the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC).
  • bcu offers an added tier of security for online banking with security tokens or the bcu VIP Access app free to download.
  • Free TrustDefender software adds a further level of security for bcu members during iBank sessions.

Don’t have a store nearby? Don’t worry...

You can still access fair go banking with bcu, even if there’s no store nearby.
Join online. Phone and internet banking is available and remote members receive a rebate of up to $12.50 a month to compensate them for direct charges incurred at any atm. bcu does not charge members for eftpos transactions.

Monthly charges

  • Eligible adults: $5
  • Eligible business:  $20
  • Deeming members:  $2
  • Student members: nil
  • Junior members: nil
  • Non-profit organisations: nil
  • Loans/investment only: nil
  • Linked members: nil

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T: 1300 228 228  |  bsb: 704 328 deposit-seal
Copyright 2013. Banking products issued by Bananacoast Community Credit Union Ltd ABN 50 087 649 750 AFSL 241077 Australian Credit Licence Number 241077. bcu is not responsible for any websites you access from www.bcu.com.au. bcu’s registered office is located at Level 2, 144-148 West High Street, Coffs Harbour, NSW 2450; PO Box 1563, Coffs Harbour, NSW 2450. This website contains general advice and has been prepared without taking into account your objectives, financial situation or needs. Therefore, you should consider whether this advice is appropriate for you and read the Terms and Conditions, Fees and Charges Schedule and Financial Services Guide before acquiring any basic deposit product. Loans available to approved applicants only. Normal lending criteria, terms and conditions apply. Interest rates, fees and charges are payable and are subject to change without notice. Please read bcu’s Credit Guide and Schedules of Fees and Charges for home loans and personal loans before acquiring a bcu loan or credit product.