For 40 years BankVic has supported Victoria Police members and their families to improve their financial position and fulfil their home ownership dreams.
Now with more than 16,000 police and their families banking with us, we continue to ensure we offer members a real alternative to the big banks with great value across our loans and deposit products.
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1. Based on the assumption that on a home loan of $353,800 (Australia’s 2015 average) – Source: Australian Bureau of Statistics, savings will achieve a shorter loan term. The continued repayments are based on the Westpac Bank Rocket Repay home loan repayments of $2,048 per month as quoted on www.westpac.com.au on 26 November 2015 and the NAB Tailored Home Loan (variable) repayments of $2,013 per month as quoted on www.nab.com.au on 26 November 2015. Assumptions, changes to interest rates or product attributes could produce a different result. 2. Based on the comparison between the Australian Bankers Association Inc 2015 report for Average fees paid per Australian household per week (for the 12 months ending 30 June 2014) with the average fees paid per BankVic household (irrespective of fees paid by any household member). This is based on ABA average household fees per week calculated at $9.01 compared to BankVic average household fees per week calculated at $0.59. 3. Anywhere account; you must deposit $1,000, by 5pm AEST on the last business day of the month. Ezepac: you must withdraw a minimum of $100 per month. Multipack: you can make up to 10 free ATM transactions per month.