Greater Bank

Greater Bank has a long history, stemming from its formation in 1924 as an old-school building society. Having evolved into a modern day bank, vehicle, personal and home loans are now all products of this reputable entity.

Its a leading financial institution committed to providing exceptional banking services to individuals and businesses. With a rich history spanning over 75 years, it operates with a customer-centric approach, focusing on delivering personalised solutions tailored to meet the diverse needs of its clients.

As a customer-owned bank, its primary goal is to create value for its customers by offering competitive rates, innovative products, and outstanding customer service. Their commitment to transparency, integrity, and customer satisfaction sets them apart as a trusted and reliable banking partner.

A people-focused identity

Completing a number of successful mergers and acquisitions over the decades, Greater Bank nonetheless retained its people-focused identity with competitive rates and account facilities as one would expect from any typical bank.

The charitable aspect of their endeavours carries over the original ethos and intent of their formation all those years ago.

Nationwide reach

Headquartered in Newcastle, New South Wales, its network of branches, ATM’s and modern day banking apps all contribute to its national reach, far beyond that imagined by the original founders.

A growing company

Still wholly transparent and growing strongly, few other lenders have the credibility of Greater Bank in the eyes of Australian citizens.

At its formation, the company offered interest-free personal loans to people wanting to purchase their own homes, against the backdrop of the depression of the 1930s. Roy Morgan Research awarded Greater Bank the Building Society of the Year, based on customer satisfaction level and it evaluation by more than 50,000 consumers and 22,000 businesses during the year of 2013.

Offering a full range of banking facilities, vehicle finance is no exception as it comes without obligation yet logically accompanied, by insurance and maintenance products a buyer may choose to avail themselves of, when purchasing a vehicle through Greater Bank.

Although described as a personal loan for a car and/or a vehicle purchase, the online application is pretty straightforward and the system will direct things appropriately once a customer has identified their desire for a car loan.

Information you can use

The Greater Bank has very pertinent and informative content on car loans and an application that covers the essential basics everyone making a vehicle purchase should consider.

Discover the Greater Bank car loan

Its fixed-rate loan caters to new vehicles, providing you with substantial funds, ranging from $10,000 to $100,000, at competitive interest rates. With flexible repayment options, choose a loan term that suits you, ranging from 1 to 7 years.

With no monthly or annual fees, you can enjoy significant savings. Manage your loan conveniently through its online banking platform and mobile app, allowing you to make additional repayments without incurring any penalties. 

Before your loan is paid out

Having met the standard requirements of documentation for the loan, Greater Bank will identify and confirm acceptance of the vehicle in question and the quick loan will then be extended to the consumer.

To their credit, they highlight issues such as stamp duty, third-party insurance and vehicle insurance for the consideration of any prospective vehicle owner.

Want to save for your next car?

Another facility on offer from the Greater Bank is welcomed by those who would rather go at things from the other end, whereby a savings account is specifically opened so that a client can save the cash value amount of the vehicle and buy it outright.

More usually, personal loans are extended for this purpose and then one simply repays the bank, having bought the vehicle with the lump sum.