page top

RBA Official Cash Rate Decision - Member Update

Attention: open in a new window. Print

On Tuesday 3 March the Reserve Bank of Australia announced a 0.25% cut to the official target cash rate which is now at a historic low of 0.50%. Endeavour Mutual Bank is committed to offering its members the best possible rates on all its home loans and we are currently analysing the impact of the RBA’s decision.

As a mutually owned bank we have an obligation to balance the interests of all saving and borrowing members. Management is reviewing the decision and will advise members accordingly.

Please don’t hesitate to contact Endeavour Mutual Bank on 1300 13 14 20 if you wish to discuss this further.