GMCU Account Type

GMCU offers several types of accounts tailored to different financial needs. The primary account types include:

• Transaction Accounts:
• My Everyday Account: Designed for daily transactions with easy access to funds.
• My Business Account: Tailored for business transactions, offering features suitable for business needs.
• Our Community Account: Aimed at community groups, providing benefits for local initiatives.
• My Connections Account: Aimed at building connections within the community.
• Savings Accounts:
• Christmas Saver Account: Helps customers save specifically for the holiday season.
• Online Saver Account: Offers competitive interest rates for online savers.
• Cash Manager Account: Aimed at managing cash efficiently with easy access.
• Advantage Saver Account: Provides higher interest rates for larger balances.
• Mortgage Offset Account: Reduces the interest on a mortgage by offsetting savings.
• Term Deposit Accounts:
• Monthly Income Deposit Account: Provides regular income through monthly interest payments.
• Fixed Deposit Account: Secure savings with fixed interest rates for a set term.

The minimum deposit requirement for these accounts is not fully disclosed on the GMCU website, indicating a need for potential customers to inquire directly for specific details.

GMCU Broker Account Opening Process

Opening a broker account with GMCU is a straightforward process. Here are the steps involved:

• Select the Account Type: Choose the appropriate account type based on your financial needs (Transaction, Savings, or Term Deposit).

• Gather Required Information: Prepare necessary personal information, including:

• Name
• Address
• Contact details
• Identification (such as a driver's license or passport)
• Employment status and income details

• Complete the Application: Visit the GMCU website or a local branch to fill out the account application form. This can often be done online for convenience.

• Submit the Application: After filling out the application, submit it along with any required documentation.

• Initial Deposit: Fund your account as per the minimum deposit requirements, if applicable.

• Account Activation: Once your application is processed and approved, you will receive confirmation, and your account will be activated for use.

For more detailed assistance, customers can contact GMCU directly via their customer service email at info@gmcu.com.au or call 0061 03 5821 9033.