Financial support when you and your family need it most.
Our Community Support Loan is a personal loan designed to assist with unexpected expenses during natural disasters or protected industrial action.3
With express approval and flexible repayments, it provides financial support when you and your family need it most.
| Interest rate | Comparison rate | |
| Community Support Loan | 4.99% p.a. | 6.31% p.a. |
| Features | |
| Minimum loan amount | $1,000 |
| Maximum loan amount | $10,000 for existing members, $5,000 for non-members |
| Maximum loan term | 10 years |
| Interest charges | Calculated daily, charged monthly |
| Repayment type | Principal & Interest |
| Repayment frequency | Principal & Interest: weekly, fortnightly or monthly. Can be deferred for a maximum period of 3 months (interest is capitalised during any repayment deferral period) |
| Extra repayments | Unlimited |
| Establishment fee | $0 |
| Monthly loan fee | $0 |
| Early termination fee | $0 |
| Redraw | Yes4 |
| Pre-approval | N/A |
| Split loan option | N/A |
| Increase/top up | No |
For more related frequently asked questions, visit our FAQs page.
3 Protected Action Clause available for all Unity Bank members while involved in “protected industrial action” under the Fair Work Act, 2009 (Cth). Members with loans contracted before 13/9/21, must first apply to Unity Bank to vary their loan contract to include the Protected Action Clause. Prior to becoming involved in a protected industrial action Member must not be in default under their loan contract. Member must request Unity Bank to postpone repayments in part or in full.
4 Minimum redraw amount of $100 applies.
Eligibility criteria, terms & conditions and fees & charges apply.
