The Finance Algorithm
Goulburn Murray Credit Union Co-Operative Ltd logoGoulburn Murray Credit Union Co-Operative Ltd

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A transcation account for community organisations. The community organisations must be not for profit organisations that have a formal documented structure.

Savings & transaction accountsBank updated 9 Apr 2026

At a glance

Base rate
0.10%

How it compares

This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This account: 0.10%Every other institution's highest, 60 in all

Paid whatever you deposit or spend. One dot per institution, at its highest savings rate with no bonus conditions anyone can apply for; hover or tap a dot for its name.

RateThis accountBest anywhereTypical institutionWhere it sits
No bonus conditionsPaid whatever you deposit or spend0.10%4.80%MoveBank's Online Saver2.25%of 61 institutions51st highest of 61, level with 4 others

Rates

Every rate Goulburn Murray Credit Union Co-Operative Ltd publishes for this account, 3 in all.

TypeApplies toTermBandRateComparisonConditions
Variable--up to $4,9990.10%-paid every 1 yr
Variable--$24,999+1.50%-paid every 1 yr
Variable--$4,999–$24,9991.50%-paid every 1 yr

Fees

2 fees published, grouped by when they're charged.

When particular things happen2

  • ATM_BALANCE_ENQUIRY

    Each time a balance enquiry is requested at an ATM

    $0.50
  • DECLINED_ATM_OR_EFTPOS_TRANSACTION

    Each time an ATM or EFTPOS transaction is declined

    $1

Features

Instant paymentsPayIDDigital bankingUnlimited transactions

Eligibility and limits

  • Eligible Community organisations only. Approval of applicants is at the discretion of GMCU.

Published by gmcu under the Consumer Data Right, last changed by them on 9 Apr 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.