Dear Members,
It gives me great pleasure to announce some incredibly exciting news.
Starting from the 1st of July, Unity Bank will become a participating lender in NSW’s Shared Equity Home Buyer Helper.
Shared Equity Home Buyer Helper is an initiative to help lower-income single parents, older singles, and first-home buyers who are key workers realise the dream of owning their own home. Under this program, the government will contribute a proportion of the purchase price in exchange for an equivalent interest in the property.
Smaller deposits, no lenders mortgage insurance, and no interest on the Government’s equity share means this initiative is a great option for eligible singles and key workers who no longer want to rent and prefer the security of home ownership.
Unity Bank was founded on the principle of supporting everyday Australians. As such, being in a position where we can help those who are struggling to break into the housing market is something we don’t take lightly.
For Unity Bank to be selected for Shared Equity Home Buyer Helper from an extensive list of candidates is an amazing achievement and something we should all be very proud of. For me, this acknowledgement is a reflection of Unity Bank’s continual drive and dedication to our members.
If you would like further information on NSW’s Shared Equity Home Buyer Helper, or to find out if you are eligible for the initiative, please visit https://www.unitybank.com.au/home-loans/home-pathways-schemes/shared-equity-home-buyer-helper/
With all this in motion and much more to come, 2023 is shaping up to be another stellar year for Unity Bank. We look forward to servicing new and existing members through Shared Equity from the 1st of July.
Yours faithfully,Danny PavisicChief Executive Officer
Unity Bank has sponsored the annual MUA Working Waves event for over 20 years. This surfing competition is held over a single day at Norah Head, a surf beach on the Central Coast of NSW and is organised through the MUA Newcastle Branch. It is always enthusiastically supported by members and sponsors, with some competitors travelling from interstate.
The MUA retired members have the "Barbie" going all day and it is a great event for MUA members, family, and friends.
This year was again a fantastic day out with amazing weather, and fun had by all.
There are changes that have been made to our Privacy Policy and Privacy Notification documents.
These changes are effective from 27 July 2023.
Please see our latest Privacy Policy and Privacy Notification below.
Privacy Policy
Privacy Notification
If you would like to discuss any of these changes, please contact us on 1300 36 2000 8:00 am to 7:00 pm AEST, Monday to Friday.
Identifying a scam is not always easy. When you are surfing the internet or scrolling through your social media page, you can potentially be exposed to online scams. Scams come in a variety of guises, including those that specifically target the elderly and children. Therefore, you need to be able to learn the signs. Here are some tips on how you can identify online scams.
Emails, SMS, Phone Call and Social Media
These are the most common ways scammers like to reach their targets. Scammers will attempt to contact you and pretend to be from a legitimate business such a bank, telephone or internet service provider. The scammer asks you to provide or confirm your personal information. NEVER EVER give anyone your personal information through emails, SMS, phone calls or social media. Also don't click on any links you have been given as the link may contain a virus or malware.
The "Free Trial Offer"
Watch out for "free trial" offers. Some of the "free trial" tricks are legal because the conditions under which victims end up paying are often hidden in small print.
Errors
Many scams are rife with grammatical and spelling errors. If you receive messages laden with such errors about a "great deal" or contest, it's probably a scam, even if it comes from a "friend". However, there are plenty of scams that contain flawless wording, as it's one of the ways scammers make their messages look legitimate.
Foreign Offers
Look out for foreigners claiming they need a few hundred dollars to access thousands of dollars and tell you that they will provide you with a cut of the money. This type of scam has become common.
Talent Search
"Kids talent searches" are types of scams that target children specifically. These scams might suggest that a child joins a particular modelling agency or accepts an invitation for a screen test. They may seem real at first, but they always ask for money to continue "working" with the agency.
Scholarship Scam
Another scam that targets children is scholarship scams. They claim to be recognising children for academic achievement, but they will ask for significant upfront fees just like talent search.
We have supported the Mining & Energy Union (MEU) for over 50 years and understand the highs and lows experienced over that time. The MEU is a division of the Construction, Forestry, Maritime, Mining and Energy Union, representing mining and energy workers for over 150 years.
At Unity Bank, we’re proud to offer local and personal services in key mining areas across Australia. That’s why we support various community events and AGMs MEU are involved in throughout the year, providing exceptional service to workers across Australia. No matter when you need us, we’re here to help you make the best decisions about your financial future.
Unity Bank is a proud supporter of May Day events around Australia. May Day is a celebration of International Workers Day, which commemorates the struggles and gains made by workers and the labour movement. Many union members take part in marches held in all capital cities and regional towns.
In Newcastle, union members from 24 different unions marched from Newcastle Museum to Foreshore Park to celebrate Workers and enjoyed a family fun day with carrnival rides, food stalls, entertainment and more.