Unique and financial institution, owned by and run for indigenous people bringing culturally
appropriate financial services to people living in some of the most remote areas of the country, speaking
the same language, knowing the same cultures and coming from the same land as our customers.
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Personal Banking >
Bank Accounts >
Everyday Accounts (S1)
This is an everyday transaction account which you can use for your day to day banking.
IMPORTANT INFORMATION
Cash or cheque deposit and withdrawals can be made from this account.
Money can be transferred to and from other people’s bank accounts from this account by visiting a UGW branch, Internet
Banking or Phone Banking.
Periodical payments can be used to pay bills, save for a loan or to credit your Budget and Christmas Club accounts.
Traditional Credit Union can pay your bills for you by cheque or direct credit from this account.
Balances can be obtained by ringing our Phone Banking service or through an ATM with a cuecard.
Minimum deposit of $50 is required to open an account. This is to purchase the share of $50.
A minimum balance of $300 is required to be kept in the account.
Interest is calculated daily and paid on the 30th June each year.
Fees and charges apply.
Refer to our Product Disclosure Statements brochure for full details.
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Budget Account (S2)
This is a special account that can be used for saving money. Every week or fortnight you can transfer some money into your budget account and this will slowly build up over time so that you can use this money to buy something special or pay some bills. This account can also be used for saving for a deposit on a personal loan.
IMPORTANT INFORMATION
We can transfer your money by split payment to your Budget Account so that you don’t even see it in your day to day Savings
(S1) Account.
If you are saving for a loan deposit, transferring $80.00 each fortnight into your Budget Account will mean you will have
nearly $500.00 in your account at the end of 3 months. This will assist in qualifying for a Personal Loan of $5000.00.
No minimum deposit is required to open the account.
Funds can be withdrawn at anytime with no notice.
Interest is calculated daily and paid on the 30th June each year.
Fees and charges apply.
Refer to our Product Disclosure Statements brochure for full details.
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Christmas Club Account (S3)
This is another special account that can be used for saving money. You can transfer money into this account during the year and at the end of the year you can use this money for Christmas presents, holidays or other special occasions.
IMPORTANT INFORMATION
As an example, if you save $50.00 each fortnight all year until 30th November, you will have $1200.00 to spend at
Christmas time.
Funds can only be withdrawn between the 1st December and the 31st January each year, except in emergencies.
No notice of withdrawal and no minimum balance is required.
Interest is calculated daily and paid on the 30th November each year.
Ask the staff at UGW to set up a periodical payment to transfer funds automatically to your Christmas Club Account.
Only save the money that you don’t need. Make sure you have enough money left for food and other bills.
Fees and charges apply.
Refer to our Product Disclosure Statements brochure for full details.
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Family / Clan Account (S4)
This is an important account that can be used by a whole family or clan group. It can be set up so that multiple signatures are required to access the money in this account. This account is useful for families or clan groups who receive money or income such as royalties that are paid to the whole family rather than an individual.
IMPORTANT INFORMATION
Cash or cheque deposit and withdrawals can be made from this account.
Money can be transferred to and from other people's bank accounts from this account by visiting a UGW branch or Internet
Banking.
Periodical payments can be used to pay bills, save for a loan or to credit your Budget and Christmas Club accounts.
Traditional Credit Union can pay your bills for you by cheque or direct credit from this account.
Minimum deposit of $100 is required to open an account. This is to purchase the share of $100.
A minimum balance of $300 is required to be kept in the account.
Interest is calculated daily and paid on the 30th June each year.
Fees and charges apply.
Refer to our Product Disclosure Statements brochure for full details.
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Student Account (S5)
This is an important account that can be used by a whole family or clan group. It can be set up so that multiple signatures are required to access the money in this account. This account is useful for families or clan groups who receive money or income such as royalties that are paid to the whole family rather than an individual.
IMPORTANT INFORMATION
Cash or cheque deposit and withdrawals can be made from this account.
Money can be transferred to and from other people's bank accounts from this account by visiting a UGW branch or Internet
Banking.
Periodical payments can be used to pay bills, save for a loan or to credit your Budget and Christmas Club accounts.
Traditional Credit Union can pay your bills for you by cheque or direct credit from this account.
Minimum deposit of $25 is required to open an account. This is to purchase the share of $25.
A minimum balance of $100 is required to be kept in the account.
Interest is calculated daily and paid on the 30th June each year.
Fees and charges apply.
Refer to our Product Disclosure Statements brochure for full details.
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Loan Saver Account (S6)
This is an important account that can be used by a whole family or clan group. It can be set up so that multiple signatures are required to access the money in this account. This account is useful for families or clan groups who receive money or income such as royalties that are paid to the whole family rather than an individual.
IMPORTANT INFORMATION
Cash or cheque deposit and withdrawals can be made from this account.
Money can be transferred to and from other people's bank accounts from this account by visiting a UGW branch or Internet
Banking.
Periodical payments can be used to pay bills, save for a loan or to credit your Budget and Christmas Club accounts.
Traditional Credit Union can pay your bills for you by cheque or direct credit from this account.
Minimum deposit of $50 is required to open an account. This is to purchase the share of $50.
A minimum balance of $300 is required to be kept in the account.
Interest is calculated daily and paid on the 30th June each year.
Fees and charges apply.
Refer to our Product Disclosure Statements brochure for full details.
