HomeView 2009 Media ReleasesCredit unions & building societies scoop awards pool: Money magazine's Best of the Best 2010 Awards

Credit unions & building societies scoop awards pool: Money magazine's Best of the Best 2010 Awards

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Money magazine’s 2010 Best of the Best issue is out now, with credit unions and building societies winning a raft of awards & runners-up places, including over 20 gold awards!

For nine years, Money magazine has been publishing this special issue of the best financial products, services and investments. From judging tens of thousands of products, 101 gold winners have been announced.

“Every year credit unions and mutual building societies do exceptionally well in Money magazine’s Best of the Best Awards as they offer such excellent products – and this year is no exception. We congratulate all winners for their outstanding efforts” said Abacus CEO Louise Petschler.

“That the mutual sector has won so many awards independently proves the excellent value and competitive option that credit unions and building societies offer Australians. With excessive bank rate rises currently in the news, there’s never been a better time to switch your mortgage to a credit union or mutual building society. You’ll be rewarded with outstanding service and save money too,” said Ms Petschler.

And the gold winners for credit unions and building societies are:

  • Maitland Mutual Building Society – Best Online Savings Account
  • Maitland Mutual Building Society – Best Savings Account
  • Gateway Credit Union – Best Everyday Accounts (branch access)
  • Gateway Credit Union & MyState Financial – Best Everyday Accounts (electronic transactions)
  • Cairns Penny Savings & Loans – Best Kids’ Savings Accounts
  • Holiday Coast Credit Union – Best Pensioner Deeming Accounts
  • FCCS & Maitland Mutual Building Society – Best DIY Super Savings Accounts
  • Capricornia Credit Union – Best Term Deposits (short term)
  • B&E – Best Term Deposits (long term)
  • Satisfac Credit Union – Cheapest Credit Cards
  • Credit Unions – Cheapest Balance Transfer Credit Cards
  • First Option Credit Union – Cheapest Personal Loans
  • Teachers Credit Union – Cheapest Car Loans
  • Heritage Building Society – Cheapest Home Loan Packages
  • Heritage Building Society – Cheapest Flexible Home Loans
  • Satisfac Credit Union – Best Three-Year Fixed Home Loans
  • BCU – Best Line of Credit Loans
  • Savings & Loans Credit Union – Cheapest Business Transaction Accounts
  • Newcastle Permanent Building Society – Cheapest Small Business Term Loans

 

For more information, please contact:

Pamela Eldridge
Senior Adviser – Media
Abacus – Australian Mutuals
(02) 8299 9024; 0423 843 790; This e-mail address is being protected from spambots. You need JavaScript enabled to view it

download pdf version here 144.44 Kb

Abacus – Australian Mutuals is the industry body for credit unions, mutual building societies and friendly societies - see www.abacus.org.au for a full list of Abacus members around Australia.

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