News

Update to our current fees and charges

From 31 August 2020, the fees for the below transactions will be increasing.

bank@post Deposits - $4.00 each 
bank@post Withdrawals - $4.00 each

Other Bank Deposit Fees (Cash and cheque deposit at NAB branch) - $6.50 each

Looking to reduce or avoid fees?

Members can use internet and mobile banking to transact and save on fees. It’s possible to send and receive money in real time using PayID.* 

If you have an everyday account with us, you have access to the entire ATM network through Commonwealth Bank, Westpac, NAB and ANZ.**

You can view our current Fees and Charges here.

* Participating financial institutions
** ATM providers not included in the Australian Military Bank ATM network may charge you directly for using their ATMs.

 

Australian Military Bank announces sponsorship of Defence Special Needs Drive Safe Program

Australian Military Bank today announced it will be a 2020 and 2021 sponsor of Defence Special Needs Support Group’s (DSNSG) Drive Safe Program. 

The Drive Safe Program is designed to assist members of DSNSG families aged 16 years and above with ASD, ADHD, and Asperger’s to gain confidence and self-esteem when learning to drive. This program was developed to address the need for specialised training within this group to obtain their driving licence and open the door to greater independence.

“We are delighted to be partnering with DSNSG for the Drive Safe Program” says Australian Military Bank’s CEO Darlene Mattiske-Wood, “this fantastic initiative is a great way for us to further support the Australian Defence community and offers a very meaningful hand for families and young people with specific needs to achieve an important milestone in these young people’s lives. This program has the power to materially change the quality of their lives and the lives of those who care for them”.
 
“We really commend the achievement of DSNG in the creation of this program and their pivotal role supporting the Defence community of Australia and it is a great honour to be able to participate” says Ms Mattiske-Wood. 
 
The sponsorship announcement from Australian Military Bank comes two weeks after the announcement that in conjunction with their Military Rewards Account holders they have achieved a $200,000 giving milestone to defence community partners as a result of their regular co-contribution scheme. 
 
“Over the years the Bank has sought to connect in the most meaningful way possible to support defence communities with targeted sponsorship contributions and ‘Drive Safe 2020’ is a very worthy cause” says Ms Mattiske-Wood.

DSNSG presentation 1 are from right to left: Air Commodore Henrik Ehlers AM, Ambassador, Kim Collins General Manager, Claire MacFarlane-Rowles National Co-ordinator and Andrew Moebus Head of Retail Distribution Southern Division

Announcing the winner of our ‘Apple Watch’ Williamtown Competition

Congratulations to our winner Christopher of Williamtown Branch, for winning an Apple watch.

To celebrate the opening of the relocated Williamtown Branch on February 20, members who opened up an Access Account, Military Rewards Account, Recruit Salary Saver or registered for PayID went into the draw to win an Apple watch*

*Members had to have opened an Access Account, Military Rewards, Recruit Salary Saver or registered for PayID from 1 March 2020 until 30 June 2020, at the Williamtown branch. Terms and Conditions applied.

Australian Military Bank working with their members to support those in need raises over $200,000

Australian Military Bank today announced that as a result of its Military Rewards Account, members and the Bank have achieved a substantial giving milestone with a current total exceeding $200,000, since the product’s introduction five years ago.

The Bank has partnered with four charities who are the recipients of the funds raised:

• Legacy - a charity providing services to Australian families suffering after the injury or death of a spouse or parent, during or after their defence force service
• Mates for Mates - a charity providing physical, psychological and social support services to the Defence community
• RSL Defence Care - a charity and not-for-profit organisation helping Australian veterans and their families in times of injury, illness or crisis
• Solider On - a charity providing national fully integrated and holistic support services for our Defence personnel, contemporary veterans, and their families

How does this work? On opening a Military Rewards Account, Australian Military Bank members elect which charity from the panel they wish to support and agree that the cents balance on their account at month end be contributed to the scheme. Australian Military Bank then matches total member donations dollar for dollar.

As a result of the Military Rewards account, members contributions to these four charities has assisted in providing care to serving, injured and ex-service members of the Defence community.

Australian Military Bank CEO, Darlene Mattiske-Wood says, “We are doing what you would expect from a member owned Bank, giving back to our members. These charity partners are important because they are supporting the vulnerable in the communities we serve. Anything we can do to support those who have, or are, in the service of protecting us is a meaningful mission.”

“To our members I want to emphasise that 100% of their donation is matched by Australian Military Bank and deposited to the beneficiary charities without erosion”.

Initiated in 2015 the Australian Military Rewards Account was launched with the dual purpose of providing customised features for ADF personnel as well as providing a helping-hand to defence community charities. This ‘everyday’ account allows members to capture 1% of their transactions as a cash back each month (with a $25 cap), free Australian Military Bank ATM withdrawals as well as 24/7 global access through an award winning mobile and internet banking platform.

Welcome to the July issue of Communiqué

I know this year has not been easy, with COVID-19 disrupting the way we live. While things are slowly returning to some normalcy, I am mindful that still, for many, it will take longer to recover from the impacts of what we will all come to remember as a very tough year. We will all vividly recall what we were doing during the first half of 2020.

We are mindful that some of our members have experienced hardship as a result of this pandemic. We continue to support members facing challenging situations. You can reach out to our hardship support team on 1800 855 810 or through Internet and Mobile Banking to discuss your financial options if you need support or assistance.

Inside your Bank we have been busy planning for the rest of this year and for the future. To support this, we will be welcoming Rebecca Tolhurst to the Board. Rebecca
will be joining us in the second half of this calendar year and brings considerable experience in member focus. We look forward to having Rebecca on the Board to support us in shaping a better Bank for you, our members.

Furthermore, we are honoured to serve the Defence Force and are particularly proud of the 1500 personnel who have been deployed as part of Operation COVID-19 Assist. On behalf of the Bank, I would like to thank you for your courage and efforts during this health pandemic crisis.

In other news, I would like to highlight the Military Rewards Account; an account which encourages our members to generously give back to the Defence Community. The Bank has matched member contributions, dollar for dollar since account inception in 2015. Together we have reached a milestone of over $200,000 raised for our Defence charity partners, Legacy, Soldier On, RSL DefenceCare and Mates4Mates. In this edition of Communiqué, we focus on Legacy and the inspiring work they do.

On behalf of the Board, I would like to extend our thanks to you, our members for your continued support, during these unprecedented times.

John Brooks 

Chairman

Read full edition here