Summerland Credit Union
- Credit union loans up to $5,000
- Low-interest starting from 11.24%
- Repayment up to 12 months
Table of Contents
[Accessed May 26, 2023]
About Summerland Credit Union
Summerland Credit Union is Australian’s most environmentally conscious and active credit union – abiding by a strict code of ethics and refusing to offer credit to companies involved in the fossil fuel industry.
Why choose a credit union?
Credit unions are not run by overseas or local shareholders like banks are but by elected board members – who are also members of the credit union themselves.
Expert board of directors
Summerland is one of the most successfully run and managed credit unions with an expert board of directors that keep growing the business in line with their strong values.
Whether you’re looking to apply for a credit card, to get a low rate home loan for your very first home purchase or simply to save towards something special – Summerland has the lowest rates and the best customer service to help you achieve what you want.
Summerland Credit Union Services
Summerland is a leading Australian credit union that offers a range of home, car and personal loans as well as banking, saving and investment products like Bonus Saver and iSave Online.
Home loan products
Summerland has a variety of home loan options including their industry-leading clean start variable rate home loan which is currently going for 3.69% per annum.
They also offer one of the leading investor home loans which have been awarded 5 stars by leading loan comparison website Canstar.
Looking for a personal loan?
If you’re looking for a personal loan that is as affordable as it is flexible than Summerland’s options will certainly meet your needs. Their personal loans can be unsecured or secured and can be applied for online. Their rates vary depending on the product you choose but here are a few figures to give you an idea:
- Secured general purpose personal loan of $5,000 or more at 11.49% per annum
- Unsecured general purpose personal loan of $5,000 or more at 13.49% per annum
Summerland Credit Union – Credit union loan
- Loan Type Credit union loans
- Interest Rate from 11.24%
- Loan Amount up to $5,000
- Repayment 30 days to 12 months
Benefits of Summerland Credit Union
- Get an affordable loan up to $5,000
- Choose between a variety of loan types
- Interest starts from 18.99%
- Repayment terms range between 30 days and 12 months
Credit union loan calculator
Apply for credit online with Summerland, and enjoy added benefits
Summerland is a modern credit union that offers everything from business loans to credit cards and online banking.
Summerland's website
Their online banking platform and website are easy to use and loaded with information for you to make the best possible financial decisions.
With Summerland, you can get a bank account or loan simply by filling in an online loan application on their website. This means that you get to take care of your finances and apply for credit online – saving you time and money.
Can you apply for a credit card?
Credit cards can certainly be handy when managed correctly. They offer you a safety net that other forms of credit don’t and they can be a great way to build a good credit history and keep track of expenses.
If you’re over 18, are an AU citizen or permanent resident and have a steady income then you can apply for a credit card with Summerland.
Low-rate credit cards
The current low-rate credit card APR is 11.99% - which is much lower than any rate you will get from a traditional bank. For those looking for a rewards credit card, Summerland offers one with an APR of 18.99%.
Treating you better
When you opt to bank with a credit union as opposed to a traditional bank you always get lower rates and fees but, one of the most underrated benefits is the customer service you’ll receive. Summerland is committed to treating its customers with respect, dignity, and care.
Eco home loans
If you’re looking for a loan for any environmentally orientated purpose, then you should apply for Summerland’s Eco Home Loan.
This loan is secured on your mortgage and allows you to do anything from installing solar panels to rainwater tanks at a very low-interest rate. When you get this loan Summerland will even donate to an environmental cause.
Summerland Credit Union is a trusted & reliable provider of credit union loans
In our review, Summerland Credit Union adheres to the compliance criteria in accordance with the National Consumer Protection Act, where the granting the loan will not cause financial distress to the consumer.
✅ Summerland Credit Union is a registered credit provider in Australia: ACL 239 238
Customer Reviews & Testimonials
Summerland Credit Union Contact
Physical Address
- 88 Main St Alstonville NSW 2477 Australia
- Get Directions
Opening Hours
- Monday 09:00 – 17:00
- Tuesday 09:30 – 17:00
- Wednesday 09:00 – 17:00
- Thursday 09:00 – 17:00
- Friday 09:00 – 17:00
- Saturday – Closed
- Sunday – Closed