04 FebELAA partner, Bank First, announces bushfire assistance

Posted on 04 Feb 2020

Like all Australians, Bank First is devastated by the bushfires currently affecting Australia, and particularly in the bank’s home state – Victoria, and has announced some relief measures for affected early learning services, schools, Bank First customers, and communities touched by the fires.

Relief for schools and preschools

As a bank founded to support teachers and the wider education community, Bank First is saddened for the Victorian schools and preschools that have been affected by the bushfires. So, the Bank First Community Fund will provide donations of up to $10,000 to help Victorian schools and preschools rebuild.

Relief for Bank First customers

A financial assistance package tailored to specific needs is now available to support customers experiencing hardship and Bank First urges customers affected to call the Bank for assistance. The package includes:
• interest-free loans of up to $5000
• the ability to defer loan and credit card repayments
• emergency credit card limit increase
• waiver of interest rate reduction for term deposit withdrawals
• waiver of other fees and charges.

Bank First are also working on initiatives to raise money for the Australian Red Cross, with Bank First to match staff donations to support relief efforts.

For more information visit bankfirst.com.au

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