First Option Bank internet and mobile banking services will be offline for planned maintenance from 10pm on Tuesday 21st May 2024 until approximately 2am on Wednesday 22nd May 2024. We apologise in advance for any inconvenience caused to our members.
It's banking, but nicer
We started more than fifty years ago as a family of industry credit unions providing financial services to employees. Now we focus on looking after our members and their families.
Unlike the big banks we're 100% owned by our members, not by shareholders... and we reinvest all profits back into providing better interest rates for our members, better tools and better service.
Earn excellent interest on your additional cash, but keep it available for if you need it. At-call balances earn 4.65% p.a. interest up to $2 million... just so long as you deposit a minimum of $1,000 per month.
Simple home loans
Simple loans for purchasing and refinancing properties... without attached offset, credit card or rewards program, from 5.99% pa (interest and comparison rate) for LVRs of 60% or less.
Complete Package home loans
Like our Simple home loans but also with attached 100% offset accounts, optional fee-free and low-rate Visa credit cards and Environmental Rewards... for a slightly higher interest rate and a $375 annual fee.
News and updates