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Board statement on Interest Rates

The Board of TMCU have decided to reduce the interest rate on all existing and new variable home loans by 0.10 basis points. This change will take effect from 1st September 2019.

The Board of TMCU noted that Interest rates changes are often a difficult decision to make, and require balancing the interests of borrowers and depositors.

The Board will reconsider that balance if further cash rate reductions take place in the months ahead.


**** The July 2019 newsletter is now available ****

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Warning - SMS phishing scam targeting credit union members

Attention members, there is currently an SMS phishing scam targeting credit union members. If you receive an SMS similar to this one please delete as it is not legitimate.



SMS Received:

Cuscal: Your account was locked and requires additional verification.
Received from - +61 458 508 529



If you require more information, please call us on (02) 8202 8555 or email You can also find out more about this via our facebook page 



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Help us fight SMS fraud

A number of financial institutions in Australia have been targeted by organised SMS fraudsters.  They send SMS messages to Members which look like real communications from their Credit Union, but the messages contain links to lookalike internet banking sites and can lead to substantial financial loss.   

Transport Mutual reminds Members that we will never send you links to our website embedded in an SMS message.  If you ever receive such a message contact the Credit Union as soon as possible on 02 8202 8555 and
do not click on the embedded link in the message. 


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