Central Coast-based Greater Bank has been named as Australia’s leading home lender by financial comparison site, Mozo.
The site announced the winners of its 2022 Experts Choice Awards for Home Loans recently, with Greater Bank taking the category’s highest honour – the Home Lender Bank of the Year Award.
The customer-owned bank received the title after winning the most Home Loan product awards.
Greater Bank’s Discount Great Rate Home Loan/Discount Ultimate Home Loan Product took out two awards for Split Home Loan, while its Discount Ultimate Home Loan (Package) Product received the Fix Rate Home Loan and Investor Fixed Home Loan awards.
The Mozo Experts Choice Home Loan Awards are determined through an independent analysis conducted by experts from Mozo, who assessed 441 home loans from 89 lenders to locate the best value home loans in the market across a range of categories.
Greater Bank Group Executive, Sales, Marketing and Distribution, Craig Newham, said the award is wonderful recognition, not only for the quality of products offered, but also the people working behind the scenes to deliver customers a quality offering.
“A hot housing marketing, record-low interest rates, along with our quality home loan product offering, were the foundations for what was a very successful 2021 calendar year for lending at Greater Bank,” Newham said.
“As a customer-owned bank that reinvests its profit into the business, we were well positioned to offer customers the lowest one-and-two-year fixed rates ever seen in Australia.
“It’s not just interest rates though that determine the value of our lending products.
“Customers can gain a greater advantage with Greater Bank through our extensive range of benefits, including lower fees, quality features such as free online redraws and flexible payment options.
“This award is also great recognition for our people who work tirelessly every day to deliver our customers with the outstanding products and services that they come to expect from a leading customer-owned bank.”
Greater Bank has been part of the Central Coast region since 1968 and now has branches at Erina, Lake Haven, The Entrance, Toukley, Tuggerah and Woy Woy.
Across its operational area of NSW and South-East Queensland, Greater Bank currently serves more than 274,000 customers.
Source:
Media release, Feb 10
Greater Bank