RBA with person in front

Rates changes from September 1, 2016.

Community First Credit Union will reduce our variable owner occupied and investor home loan rates to historical lows, from September 1, 2016.

This interest rate drop will affect the following home loans:

  • True Value Variable Home Loan – Owner Occupied & Investment
  • True Basic Variable Home Loan – Owner Occupied & Investment
  • Accelerator Package Home Loan – Owner Occupied & Investment


Community First is consistently priced at or below the big four banks and following these reductions, our owner occupied Standard Variable interest rate will be 5.17%p.a.

Also from September 1 2016, Community First will also increase some of our Term Deposit rates from between 0.05%p.a up to 0.15%p.a with terms available from between 3 months and 3 years.

During 2016, Community First has dropped its variable and fixed interest rates twice.

As a member owned Financial Institution, Community First ensures that we will continue to be competitive and be a genuine alternative to the big 4 banks for our members.

For more information on our home loans and interest rates, please visit the home loan section of this website.


This information is correct at the time of publication - 1 September 2016

Last updated: 02 December 2016

The information contained in this article is only correct at the point of time of publication. It is general information and has been prepared without taking into account your personal circumstances, objectives or needs. Please consider if this information is right for you before making a decision to acquire any product.