Cash flow problems are a common cause of Small Business failure. Our overdraft facilities can help manage cash flow and cover any unforeseen expenses.

Business Overdraft Reference Rates From
6.54
%
P.A
Secured Variable Rate^
Business Overdraft Reference Rates From
$699
Establishment Fee; or
0.25%
of Loan Amount*
  • Overdraft from $20k
  • Annual Fee of $250
  • Flexible Repayment Options
Product Features

Overdraft

Minimum Overdraft Amount
$20,000
Maximum Overdraft Amount
-
Maximum LVR
80%

Overdraft

Minimum Overdraft Amount
$20,000
Maximum Overdraft Amount
-
Maximum LVR
80%
Interest Rates

Overdraft

Residentially Secured

Overdraft

Commercially Secured

Overdraft

Unsecured
Reference rates from
6.54% 6.74% 15.00%
Compare

Overdraft

Residentially Secured
Reference rates from
6.54%

Overdraft

Commercially Secured
Reference rates from
6.74%

Overdraft

Unsecured
Reference rates from
15.00%
Fees & Charges

Overdraft

Establishment Fee
$699 or 0.25%
Annual Fee
$250
Other Fees
Legal Fee
$430
Legal Fee (trust deed review)
$132
Discharge Fee
$300
Changes to Loan Contract
$150
Product Switch
$300
Direct Debit Dishonour Fee
$15

Overdraft

Establishment Fee
$699 or 0.25%
Annual Fee
$250
Other Fees

Overdraft

Legal Fee
$430
Legal Fee (trust deed review)
$132
Discharge Fee
$300
Changes to Loan Contract
$150
Product Switch
$300
Direct Debit Dishonour Fee
$15
  • The Little Details

    Products issued by Southern Cross Credit Union Ltd. Any advice given is of a general nature only and is not based on any consideration of your objectives, financial situation and needs. To decide if a product is right for you, please refer to the Summary of Accounts, Access Facilities and Transaction Limits. Eligibility criteria, fees and charges, terms and conditions apply. Your actual interest rate may vary depending on the security offered.

    * The greater of the two is applicable

    ^Residentially secured

I’m so thrilled we decided to have our team development day in SSCU’s Mirrabooka room. Toni and Zoe were extremely friendly and accommodating, they had everything set up for us by the time we arrived.  Jo loved the ‘state of the art’ IT system, her power point presentation and laptop integration worked like a breeze.  I also found the flip charts extremely useful for discussion notes.  The space was big enough for individual team sessions and intimate enough for everyone to hear. Morning tea and lunch worked seamlessly, we had everything we needed in the kitchen and the outside sundeck was delightful. The team loved the coffee machine! It certainly helped with the quiet times in our meeting! Overall the day was a huge success! Thank you so much for creating a local facility with the class and sophistication of the city! I look forward to seeing you all again soon. Deepest thanks Jude McColm  
Tweed Coast Plan Management
One of our lovely volunteers just returned from picking up leftover Daffodil Day merchandise from Jenny at First National. Jenny informed her that Southern Cross Credit Union was integral to their success in raising over $2,000. Thank you for supporting this event. I believe you also hosted a Pink event today- thank you also for that. It’s wonderful to have the support of local businesses. Funds raised help us support local cancer patients and their families and also contribute to research projects and advocating to government.
Cait
We chose to bank with our local SCCU for many reasons. The staff are very cheerful and helpful. It is an enjoyable in-branch experience at a convenient location. Opening hours are longer than most other banks in our area and they are open every weekday. We bank exclusively with SCCU for our personal, business and children's accounts. We have always been happy with their customer service and have recommended SCCU to our local sports club and school
Tony & Alisha
We have been with SCCU for over 45 Years and for the last 24 of them with our business as well. The staff are amazing people to do your banking with and the loans division make every buying and selling experience so easy. Our little hiccups have never been a drama for the staff to help us solve and nothing is ever too much trouble to help us along the way to building our business through banking. Their rates are always competitive and we would never consider another bank or financial institution for all our needs. Loyal staff and loyal friends = Best Bank Ever.
Neil & Kathalina
American Express contributes an additional $10,000 into SCCU Community Grants, bringing the total amount up to a massive $60,000

Proving how businesses can come together to make a real impact, Southern Cross Credit Union (SCCU) today announced an additional $10,000 on top of their $50,000 Community Grants program thanks to their international payments partner, American Express. Having tripled their contribution into the Grants program this year, SCCU CEO, Stuart...

Proving how businesses can come together to make a real impact, Southern Cross Credit Union (SCCU) today announced an...

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SCCU increase the level of financial support to provide $50,000 in Community Grants

Southern Cross Credit Union announces more funding than ever before for their Community Grants program, with a total of $50,000 to be shared across applications from families, individuals, business and community groups. Community Grants is SCCU’s largest annual community program, generating enormous interest across the Northern Rivers. Living true to...

Southern Cross Credit Union announces more funding than ever before for their Community Grants program, with a total of...

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Paid the Wrong Account: What Now?

Did you know that if you make a Mistaken Internet Payment, there is a real risk of losing your money, regardless of who you bank with? What is a Mistaken Internet Payment?​ A Mistaken Internet Payment happens when you transfer money to an unintended recipient using the 'Pay Anyone' function in...

Did you know that if you make a Mistaken Internet Payment, there is a real risk of losing your...

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How your TFN can save you money!

Have you provided your TFN or ABN to your financial institution? If not, then it's probably costing you money! Did you know that Withholding Tax is applied to interest payments on accounts owned by non-residents of Australia? From the ATO's perspective, if the institution you bank with does not have...

Have you provided your TFN or ABN to your financial institution? If not, then it's probably costing you money! Did...

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