05-Jul-2022 • Corporate

ME Bank today announced a financial relief package for customers impacted by the floods across NSW, including access to emergency overdrafts.

As the severe weather continues to cause dangerous conditions in NSW, the safety of customers remains our highest priority. Once it’s safe to seek assistance, customers from flood impacted areas are encouraged to contact the Customer Assistance team to discuss the options available to them.

The financial relief package includes emergency assistance for ME Bank customers in flood affected areas, support options available include:
  • 90 day deferral of loan repayments (i.e. Home Loans, Business Loans, Personal Loans) which may be capitalised to the loan over the remaining term;
  • Term extensions on eligible products;
  • Waiver of fees associated with transactions relating to financial difficulty assistance;
  • Early release of funds held in customer Term Deposits (including waiver of fee);
  • Temporary overdrafts up to $1000 for transactional accounts
ME Bank customers are encouraged to contact the Customer Assistance team on 1300 500 520 to discuss the options available to them. For emergency help in severe weather call the State Emergency Service on 132 500, or call 000 for life-threatening emergencies.
 
ENDS