The Mac, formerly the Clutha Employees Credit Union, is a credit union based in the NSW region of Macarthur which been operating since 1971.
It began to help miners gain access to financial products, but then grew to service the wider Macarthur District in the late 1970s. At that time, it took the name Macarthur Credit Union, and then later became The Mac.
Unlike banks, The Mac is a credit union, which means it is owned by members, not shareholders.
Benefits
Drawbacks
special
2 %p.a. discount off the Basic Variable Home Loan7.57%
p.a
Variable
7.64%
p.a
$2,602
monthly
5.67%
p.a
Variable
5.73%
p.a
$2,185
monthly
6.49%
p.a
Variable
6.56%
p.a
$2,361
monthly
6.79%
p.a
Variable
6.86%
p.a
$2,427
monthly
Use our home loan calculator to see how much you’d have to repay under different borrowing scenarios.
Your estimated mortgage repayments
Total interest payable
$0
Total loan repayments
$0
The Mac has a number of physical branches located throughout the Macarthur region. In addition to its bricks-and-mortar presence, there is also a 24/7 online banking service, email, an online enquiry form, and phone consultations and queries available Monday to Friday within business hours. You can also write to The Mac at its Camden office.
Applications and home loan enquiries can be made online at the The Mac website or by downloading and completing relevant documentation then posting them to The Mac Bank. Alternately, you can visit one of the Sydney branches. When applying for a home loan, the lender may ask for the following documentation:
On this page
