Transaction accounts

If you run a not-for-profit community group, club, association, charity, school or government group, you need everyday banking that makes every dollar count. Our Community account fits the bill with no transaction fees whatsoever.

Features and benefits

• No transaction fees and with unlimited free withdrawals and deposits, you can use all your money where you need it most
• Easy access to your account via internet banking and our smart phone app.
• Your interest is calculated daily and paid tri- annually (3 times a year), so you can make the most of your savings 
• Don’t pay ATM direct charge fees by using our own ATM Network – RediATMs (owners of other ATMs may charge you for using their ATMs)
• Ability to link your cheque book, overdraft facility or personal deposit book. You can even link your Community account to your online business savings account.  
• Make deposits or withdrawals at Australia Post, just look for Bank@Post (not available for two to sign accounts) 
• Dual authorisation available if you require two people as signatories for all payments 

Eligibility criteria

The following types of organisations are eligible for the Community account:
 
  • Charities
  • Community and sporting groups
  • Public schools, colleges and universities
  • Other educational organisations
  • Department agency or councils
  • Registered political parties
 

Managing your account

What sorts of transactions can I perform via internet banking?
 
  • Multiple payments to payroll or bill payments
  • Multi user transaction authorisation and privilege delegation
  • View your current account balances
  • View your transaction history
  • Print out and download your transaction history to an accounting package or database
  • Obtain details of interest earned and charged
  • Record or change payment authorities
  • Arrange the transfer of funds between your accounts
  • Make regular or one off payments to suppliers
  • Transfer funds to accounts at other financial institutions
  • Dual authorisation available for payment services

 

How can the Community Account help to manage my payroll?

 

Payroll can be conveniently managed using Community First internet banking. Internet banking provides you with one, easy to manage view including a number of functionalities to make your payroll simple.

How to apply
You can choose to apply online, over the phone, or by visiting one of our Financial Services Stores.
Features and benefits
• No transaction fees and with unlimited free withdrawals and deposits, you can use all your money where you need it most
• Easy access to your account via internet banking and our smart phone app.
• Your interest is calculated daily and paid tri- annually (3 times a year), so you can make the most of your savings 
• Don’t pay ATM direct charge fees by using our own ATM Network – RediATMs (owners of other ATMs may charge you for using their ATMs)
• Ability to link your cheque book, overdraft facility or personal deposit book. You can even link your Community account to your online business savings account.  
• Make deposits or withdrawals at Australia Post, just look for Bank@Post (not available for two to sign accounts) 
• Dual authorisation available if you require two people as signatories for all payments 
Eligibility criteria
The following types of organisations are eligible for the Community account:
 
  • Charities
  • Community and sporting groups
  • Public schools, colleges and universities
  • Other educational organisations
  • Department agency or councils
  • Registered political parties
 
Managing your account
What sorts of transactions can I perform via internet banking?
 
  • Multiple payments to payroll or bill payments
  • Multi user transaction authorisation and privilege delegation
  • View your current account balances
  • View your transaction history
  • Print out and download your transaction history to an accounting package or database
  • Obtain details of interest earned and charged
  • Record or change payment authorities
  • Arrange the transfer of funds between your accounts
  • Make regular or one off payments to suppliers
  • Transfer funds to accounts at other financial institutions
  • Dual authorisation available for payment services

 

How can the Community Account help to manage my payroll?

 

Payroll can be conveniently managed using Community First internet banking. Internet banking provides you with one, easy to manage view including a number of functionalities to make your payroll simple.

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