Daily Accounts FAQs

Take a look at our FAQs below:

• Do I have to be a member to open an account?
• How much do I need to deposit to open a savings 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?

Do I have to be a member to open an account?

Endeavour Mutual Bank Ltd is a mutual financial services organisation and as such is owned by its members, each one of whom is a shareholder. There is no cost to become a shareholder. ^

How much do I need to deposit to open a savings account?

You can open an account with as little as $1. ^

How do I make deposits to my account?

You can arrange to make deposits to your account by:

• direct credit of payroll or other income;
• transfer from another savings or transaction account;
• Internet Banking or Phone transfer;
• via the Endeavour Mutual Bank mobile app
• over the counter at any branch of the Bank; or
• with your Visa Debit Card via Bank@Post at any Australia Post branch. ^

How do I make withdrawals from my account?

Accessing your money will depend on the particular features of your account however we offer an extensive range of access facilities:

• Internet Banking
• Phone Banking
• Mobile app
• Digital wallet suite
• BPAY®
• Visa 
• Cheque book
• Branch withdrawal ^

BPAY® is a trademark of BPAY Pty Ltd ABN 69 079 137 518. Check if BPAY is right for you by reading the terms and conditions available from your Financial Institution.

How often will I receive information on my account?

Statements are issued six monthly or monthly.

Account balances are available through our Internet and Phone Banking services and statements are available through our Internet Banking service. ^