Hume Bank will reduce its variable interest rates, effective October 29th 2019.
- Hume Bank's Owner Occupied - Principal & Interest customers will receive a reduction of 0.15% on standard variable and basic variable rate products.
- Hume Bank's Investment, Owner Occupied - Interest Only and Flexi Low Rate customers will receive a 0.10% reduction on all variable rate products.
As a customer owned bank, we strive to balance the needs of all customers when making a decision to reduce interest rates, including the needs of our 50,000 deposit and investment customers - many of whom rely on the interest income derived from these products.
Hume Bank remains a local, trusted bank. A bank owned by its customers, that exists to benefit them and their communities.
Customers who have questions regarding the rate change are encouraged to speak to one of our Lending Specialists in branch, or over the phone on 1300 004 863.