Savings Accounts

Whatever you’re saving for, our wide range of savings and cash management accounts can help you reach your goals sooner. We offer competitive interest rates and lots of options to help you find the ideal account for your needs.

Savings Accounts

We can help find the right product for you! There is a product for everyone!

Bonus Saver Account

The Family First Bonus Saver is a transaction account that offers higher interest rate and funds available at call, while supporting worthwhile community groups. With a minimum deposit of $200 a month and no withdrawals, you will collect a base rate of 0.01% pa, plus the bonus rate of 0.99% pa as well.

  • No account keeping fees
  • No transaction fees for Internet and Internet and Phone Access
  • Tiered interest rate
  • Family First will donate to various community groups quarterly an amount equal to a percentage of the funds held in the account at the end of each quarter

Interest rate

View our interest rates

Availability of funds

At call

Minimum amount

$1

Interest

Tiered interest rate calculated on daily balances and paid monthly. In addition to a base rate of 0.01%pa, you may qualify for a bonus interest rate of 0.99% pa, subject to minimum deposits of $200 a month and no withdrawals for a total rate of 1.00%pa.

Branch Transactions

Yes – fees apply per transaction

Bank@Post

Yes

Phone/Internet Banking

Yes

BPAY

Yes

ATM/EFTPOS through Visa Card

Yes

Personal cheque facility

No

Direct Credits/Debits

Yes (credits only)

This table is provided as a guide only. Terms and conditions are available on application or request.

From
0.01%
pa
Base Credit Interest Rate
From
0.99%
pa
Bonus Interest Rate
From
1.00%
pa
Maximum Interest Rate

Over 55 Acount

A highly competitive savings account designed especially for members aged 55 and over.

  • Tiered interest rate calculated on the daily balance
  • Interest paid quarterly
  • Internet and Phone Access
  • Access your funds 24 hours a day, 7 days a week

Interest rate

View our interest rates

Availability of funds

At call

Minimum amount

$1

Interest

Calculated on daily balances on the portion of balance within tiered rates and paid quarterly. 0.10%pa interest is calculated on a daily basis for balances up to $48,600 whilst 0.50%pa is paid on balances held in excess of $48,600.

Sub-accounts available

Yes

Branch Transactions

Yes

Bank@Post

Yes

Phone/Internet Banking

Yes

BPAY

Yes

ATM/EFTPOS through Visa Card

Yes

Personal cheque facility

Yes

Direct Credits/Debits

Yes

This table is provided as a guide only. Terms and conditions are available on application or request.

From
0.10%
pa
Balances between $0 - $48,600
From
0.50%
pa
Balances over $48,600

Super Saver Account

The Family First Super Saver Account is designed especially for our youngest members aged 0 to 12 years of age. We take a fun approach to saving with each Super Saver receiving a free money box and drink bottle, and we’ll also send a ‘special’ card on their birthday.

  • Free money boxes and birthday cards

Interest rate

View our interest rates

Availability of funds

At call

Minimum amount

$1

Interest

Calculated on daily balances on the whole balance at current rates and paid monthly.

Sub-accounts available

No

Branch transactions

Yes

Direct credit, payroll and periodical payments

Yes

Counter deposits

Yes

This table is provided as a guide only. Terms and conditions are available on application or request.

From
0.10%
pa

Teen Saver Account

The Family First Teen Saver Account is designed especially for our teenage members aged 13 to 17 years.

  • Visa Debit Card available (conditions apply)
  • Statements can be accessed online
  • Rebates apply to some fees

Interest rate

View our interest rates

Availability of funds

At call

Minimum amount

$1

Interest

Calculated on daily balances on the whole balance at current rates and paid monthly.

Sub-accounts available

No

Branch transactions

Yes

ATM/EFTPOS, Bank@Post

Yes

Any electronic debit

Yes

Phone/Internet Banking

Yes

Periodical payment and BPAY

Yes

Direct credit, payroll and periodical payments

Yes

Counter deposits

Yes

This table is provided as a guide only. Terms and conditions are available on application or request.

From
0.10%
pa

Family e-Saver Account / e-Saver Online Account

The Family e-Saver Account is a high-end online investment account that offers both a higher interest rate and funds available at call – a different kind of banking!

  • Higher interest rate
  • No transaction fees for Internet and Phone Access
  • Access your funds 24 hours a day, 7 days a week

Interest rate

View our interest rates

Availability of funds

At call

Minimum amount

Nil

Interest

Calculated on daily balances on the whole balance at current rates and paid monthly.

Sub-accounts available

Yes

Branch Transactions

Yes – fees apply per transaction

Bank@Post

No

Phone/Internet Banking

Yes

BPAY

Yes

ATM/EFTPOS through Visa Card

No

Personal cheque facility

No

Direct Credits/Debits

Yes (credits only)

This table is provided as a guide only. Terms and conditions are available on application or request.

From
0.25%
pa

Cash Management Account

This account is designed for members who want to maximise their relationship with Family First and get the most from their bank account. This account offers a tiered higher rate of interest than ordinary saving accounts with all the access facilities of an every day account.

  • Interest calculated daily and paid quarterly
  • Higher interest rates than on ordinary savings accounts
  • Tiered interest rates for higher balances

Interest rate

View our interest rates

Availability of funds

At call

Minimum amount

$1

Interest

Calculated daily on the whole balance at tiered rates, credited quarterly. Interest is calculated at 0.10%pa for balances maintained over $25,000 whilst for balances under $25,000 interest is calculated at 0.05%pa.

Sub-accounts available

Yes

Branch Transactions

Yes

Bank@Post

Yes

Phone/Internet Banking

Yes

BPAY

Yes

ATM/EFTPOS through Visa Card

Yes

Personal cheque facility

Yes

Direct Credits/Debits

Yes

This table is provided as a guide only. Terms and conditions are available on application or request.

From
0.05%
pa
Balances between $0 - $25,000
From
0.10%
pa
Balances over $25,000

Community Care Account

Family First Credit Union’s Community Care Account provides non-profit organisations and community groups with the ideal account that supports their work; to continue to improve the social, cultural, environmental and educational well being of our community.

Designed for incorporated community groups and service clubs, Family First Credit Union welcomes pre-schools and playgroups, registered charities, religious bodies and fund raising committees to apply for this account. Individuals cannot be considered.

All accounts must be for groups that operate as a non-profit organisation and provide a service to the community.

  • No account keeping fees
  • No transaction fees
  • Tiered interest

Interest rate

View our interest rates

Availability of funds

At call

Minimum amount

$1

Interest

Calculated daily on the whole balance at tiered rates, credited quarterly. Interest is calculated at 0.10%pa on all balances exceeding $25,000 whilst for balances under $25,000, interest is calculated at 0.05%pa.

Sub-accounts available

Yes (maximum two)

Branch Transactions

Yes

Bank@Post

No

Phone/Internet Banking

Yes, dependent on operating instructions

BPAY

Yes

ATM/EFTPOS

No

Member cheque facility / Periodical Payments

Yes

Direct Credits / Debits / external transfer

Yes

This table is provided as a guide only. Terms and conditions are available on application or request.

From
0.05%
pa
Balances Between $0 and $25,000
From
0.10%
pa
Balances over $25,000

Christmas Club Account

Plan and save for those festive season expenses. Christmas can be a financially stressful time for many, so prepare in advance for the expense of the festive season with this special purpose account.

Make regular deposits during the year and be rewarded with interest and a special lock away facility to keep spending temptation at bay. Total balances and interest become available from 1 November each year, just in time for Christmas!

  • Great interest rates
  • Deposit part of your salary straight to your Christmas Club Account
  • Full access via card, internet banking, phone banking or over the counter

Interest rate

View our interest rates

Availability of funds

Withdrawal period between 1 November and 31 January. We may allow early withdrawals at our discretion (e.g. in cases of hardship). Fees may apply for early withdrawals outside of this period. may apply.

Interest

Calculated on minimum monthly balances and credited 30 June and 31 October. quarterly (March, June, September and December)

Minimum amount

$1

Branch Transactions

Yes (subject to withdrawal restrictions above)

Bank@Post

Yes (subject to withdrawal restrictions above)

Phone/Internet Banking

Yes (subject to withdrawal restrictions above)

BPAY

Yes (subject to withdrawal restrictions above)

ATM/EFTPOS via Visa Card

No

Personal cheque facility

No

Direct Credits/Debits

Yes (credits only)

This table is provided as a guide only. Terms and conditions are available on application or request.

From
0.05%
pa

Home Loan Offset Account

An 100% Mortgage offset facility which reduces your loan interest making it so you can own your home sooner.

This account can only be opened when you have an eligible mortgage with Family First. You can get the benefit of offsetting you interest while using the same account for everyday purchases. 

  • 100% of your balance offsets your loan interest
  • No minimum balance required
  • Visa card and Cheque book facilities available

Interest rate

View our interest rates

Offset Home Loan Interest

Yes

Availability of funds

At call

Minimum amount

$1

Branch Transactions

Yes

Bank@Post

Yes

Phone/Internet Banking

Yes

BPAY

Yes

ATM/EFTPOS through Visa Credit

Yes

Personal cheque facility

Yes

Direct Credits/Debits

Yes

This table is provided as a guide only. Terms and conditions are available on application or request.

Everyday Access Account

An everyday savings account with easy access.

This account is opened for you automatically when you become a member. It provides access to your money 24 hours a day through our wide range of access facilities.

  • No minimum balance required
  • Visa card and Cheque book facilities available
  • Internet and Phone Access

Interest rate

View our interest rates

Availability of funds

At call

Minimum amount

$1

Overdrafts available

Yes

Branch Transactions

Yes

Bank@Post

Yes

Phone/Internet Banking

Yes

BPAY

Yes

ATM/EFTPOS through Visa Credit

Yes

Personal cheque facility

Yes

Direct Credits/Debits

Yes

This table is provided as a guide only. Terms and conditions are available on application or request.

From
0.01%
pa

Budget Savings Account

With Family First’s Budget savings account, you can easily budget for bills, school fees, council rates etc. This account is great for members who have a regular payment such as rent, mortgage repayments or health fund contributions to make because we can make payments automatically on your behalf through future payments or you can arrange a direct debit from the account.

  • Always have funds on hand for bills, rates and school fees
  • Simplify your budgeting with a separate sub-account
  • Access your funds 24 hours a day, 7 days a week

Interest rate

View our interest rates

Availability of funds

At call

Minimum amount

$1

Interest

No interest paid on Budget Savings Account

Sub-account available

Yes

Branch Transactions

Yes (no branch withdrawals)

Bank@Post

No

Phone/Internet Banking

Yes

BPAY

Yes

ATM/EFTPOS through Visa Card

No

Personal cheque facility

Yes

Direct Credits/Debits

Yes

This table is provided as a guide only. Terms and conditions are available on application or request.

Useful Links and Tools

Questions?

If you have any questions, please contact us.

Enquire Now

This is general information only and your needs and financial circumstances have not been taken into account. Terms, conditions, fees and charges may apply. Before using any of Family First Credit Union’s products or services you should read our Financial Services Guide, our Accounts and Access Facility Conditions of Use & Summary of Accounts, Availability of Access Facilities and Transaction Limits brochure and Schedule of Fees which are available from our website or any Family First branch.

Family First Credit Union

We make banking easy, with many ways to access your Family First Credit Union accounts.

About Family First

Family First Credit Union is different…

Our shareholders are you. We are your local Credit Union, here to support all of your banking needs. So come and experience local caring banking.

Recent news

  • There has never been a better or more appropriate time to reach out to your friends, family, work and team mates to ask them a simple question - RUOK? Read more
  • What did the Reserve Bank discuss at their September 2020 Monetary Policy meeting? Read more
  • Family First continues to operate as an essential service despite the threat of the COVID-19 Coronavirus pandemic Read more

Are you experiencing financial difficulty?

Receive Help