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The Rock Building Society has never been one of the "big guns" of Australian banking - and that's exactly how we like it. What we lack in size, we've always made up for in award-winning customer service* and products. Our rock solid reputation has been further cemented thanks to a Federal Government guarantee on all deposit funds up to $1 million placed with building societies, credit unions and banks. This guarantee applies to individual customers through until at least October 2011, meaning deposits for each individual name or entity (company, trust, etc) is guaranteed up to $1 million at no cost to the account holder. Deposits in excess of $1 million will attract a Government fee in return for the guarantee. Deposits held with The Rock Building Society, in our savings, investment and term accounts, are guaranteed by the Australian Government, which has a AAA investor-grade rating. Therefore, the only differences between banking with our big city competitors and The Rock are we offer award-winning and friendly customer service* and directly support local communities through employment; an extensive sponsorships and donations program; and returns to local shareholders. Regardless of the Federal Government guarantee, The Rock enjoys an extremely strong position in the financial services industry with no direct exposure to sub-prime lending, commercial lending or equity investments, unsecured personal loans or credit cards. The Rock also continues to individually mortgage insure all its loans with independent mortgage insurers and has arrears below the market average for housing loans. In addition to these conservative business practices, The Rock is rapidly expanding our agency network across regional Queensland. Just as importantly, The Rock is committed to working alongside regional communities, through initiatives including our Community Support Program. Your investment with The Rock is an investment in your community. For further information regarding the Federal Government Guarantee on deposits please read the latest Federal Government information or contact us directly on 1800 806 645. *Recent awards, including accolades voted for by customers:
winner Kennas Outstanding Business of the Year; winner Stanwell Major Business of the Year. winner Finance and Banking. winner Finance and Banking; overall Winner. |
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