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Do I have to be a member to open an account? How much do I need to deposit to open an account? How do I make deposits to my account? How do I make withdrawals from my account? How often will I receive information on my account?

Savings Accounts Options Key Features FAQs

Do I have to be a member to open an account?
The credit union is a mutual financial services organisation and as such is owned by its members, each one of whom is a shareholder. Therefore you must be a member of the credit union to open an account.

Eligibility to join is exclusive to employees and members of their families, of Alcoa of Australia, Portland Aluminium, Alcoa Kaal Australia or their subsidiaries or of a contractor to one of these companies.  Learn more about membership.^

How much do I need to deposit to open an account?
The value of the deposit required varies with each account.  Please refer to the Key Features section or contact one of our friendly staff who will be happy to answer any questions you may have.

How do I make deposits to my account?
You can arrange to make deposits to your account either by direct credit of payroll or other income, transfer from another savings or transaction account, Internet or phone banking transfer, over the counter at one of our branches or with a Redicard at any branch of Australia Post which has a Bank@Post facility. Learn more about these methods of deposit.

How do I make withdrawals from my account?
Accessing your money will depend on the particular features of your account. Please refer to the key features section for details. If you require more information on each facility please refer to the accessing your money section of the site.

How often will I receive information on my account?
Statements are issued quarterly. Duplicate statements can be requested at any time from one of our branches at no cost.

Account Balances and Statements are also available through our Internet and phone banking services.


Decided on the account that's right for you? 

Apply using our simple online Savings Account application form.

Want to know more?

Learn more about our current Interest Rates.

Want to try and save more?  Read our Budgeting Tips or use our online Budget Calculator.

Contact one of our friendly staff who will be happy to answer any questions you may have.