Against a field of 181 personal loan products offered by 55 Australian lenders, Credit Union SA scooped victory in the Best New Car Loan and Best Used Car Loan categories for the Car Loan Special, and Best Secured Personal Loan for the Car Loan category.
CEO Grant Strawbridge said the SA-based organisation was pleased to also be recognised as a Top 5 Credit Union in the 2015 Mozo People’s Choice Awards – the second time the prestigious accolade had been awarded to Credit Union SA in recent years.
“After having been announced as a Top 5 Credit Union in 2013, it is an outstanding to again have that community recognition, which when combined with three gold awards for our car loan products reflects our ongoing efforts to offer highly-competitive and market-leading products to our members,” Mr Strawbridge said.
“No one goes to work looking for accolades, but this independent validation by Mozo underlines why savvy consumers should opt for a Credit Union rather than one of the big banks, and enjoy innovative products and services, low fees and great interest rates, and help to support community development initiatives,” he said.
“We take pride in offering our members fantastic value for money and products that deliver on their needs – and clearly that approach is continuing to prove a winning combination.”
Mr Strawbridge said the Mozo People’s Choice Awards was an opportunity for Australians to have a say on their banking experience, and help to identify the nation’s best financial institutions.
“People were asked to rate their banking provider on overall satisfaction, price, features, customer service, convenience and trust – and to see Credit Union SA rank exceptionally well yet again is nothing short of fantastic,” he said.
In September this year, Credit Union SA won back-to-back awards, after it took home gold in the ‘Best Low Rate Credit Card’ category in the Mozo Expert Choice Awards.
The Mozo Experts Choice Awards are an initiative that recognises Australia’s best value financial products to help Australians save money, while the Mozo People’s Choice Awards are based on the reviews of real banking customers, and recognise banking and insurance institutions with the highest customer satisfaction levels.
As South Australia’s third largest credit union, Credit Union SA has a total of seven branches, over $850 million in assets and around 49,000 members.