Real Estate Trust Account
The Community Mutual Group can provide you with an account designed specifically for holding rent and settlement payments as required by law.
Conditions do apply. Real Estate licensees must inform the Credit Union in writing that they are opening or operating a trust account required under the act and this notice must be signed by the licensee. Any fees and charges incurred on the account will be debited to the S1 account of that membership and there will be no financial benefits in the form of interest payments made to the account.
How do I apply?
It’s easy, simply call 132 067 or visit any branch to discuss how The Community Mutual Group can meet your financial needs. To use this facility you must be a member of The Community Mutual Group. Membership can be obtained by purchasing one $10 share which is refundable on resignation. Call 132067 for more information.
Disclaimer
*Terms and conditions available on request. The prior information does not take into account your financial situation and personal needs. New England Credit Union Ltd is the issuer of the Real Estate Trust Account.
Cheque Account
| Business Overdraft
| Commercial Loan
| Leasing and Equipment Finance
| Merchant Facilities - EFTPOS
Real Estate Trust Account
| Solicitor Trust Account
| Farm Management Deposit
