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International Credit Union Day

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October 19th marks International Credit Union Day for 2017! Each year, this international event allows us to remember the proud history of Credit Unions around the world and promote awareness of and support for the customer owned banking sector. This year’s theme “Dreams Thrive Here,” celebrates how credit unions and other customer-owned banking cooperatives serve as catalysts to make a real difference in the lives of their members.


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Important Notice

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Written by Deepthi Satheesan

Changes to fees & charges

Due to an increase in third-party fees from our suppliers, LCU will have to pass on these increases to our third-party fees & charges as well. Good news, ALL ATM transactions are now free when using an ATM on the RediATM network. We have removed the access ATM fee. However, if you use another financial institution's ATM, the ATM owner may charge you a fee that will be debited at the time of the withdrawal, the amount of the charge will depend on the ATM owner.


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Interest Rate remains at 1.50% in October

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Written by Deepthi Satheesan

The Reserve Bank of Australia has kept the official cash rate on hold at 1.5 percent in October. This marks thirteen consecutive meetings that have seen the historic low cash rate remain on hold, with the last movement being a 25 basis point rate cut in August 2016.

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LCU wears yellow to support Daffodil Day 2017

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Every year LCU supports the Cancer Council’s Daffodil Day and sell merchandise to show our support for everyone affected by cancer.

For over 25 years, Daffodil Day has helped fund world class research, prevention programs and support services for cancer patients and their families. This year is no different and Cancer Council needs our support to continue to invest in research, prevention and support to help fight cancer.

Today, Friday the 25th we supported daffodil day by wearing yellow and selling merchandise in the village courtyard.

It’s not too late to purchase a daffodil merchandise from us we will be selling them until Friday 1st September!

For more information about Daffodil Day please visit www.daffodilday.com.au

Please help support the Cancer Council’s to defeat cancer and help those fighting this devastating disease.

“I hope there’s one day that cancer is just a zodiac sign” – Daffodil Day  


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Cash Rate August 2017

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As expected, the Reserve Bank of Australia (RBA) has again left the official cash rate on hold at 1.5 per cent, marking one year since the last move. This decision comes ahead of the release of the bank’s Quarterly Statement on Monetary Policy (SoMP) this Friday.

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