People’s Choice Credit Union has again been named the best customer-owned financial institution for first home buyers in three regions – South Australia, Victoria and the Northern Territory.
It is the second year in a row that financial comparison site Canstar has recorded People’s Choice as the best for Victorian first home buyers, the fifth time in the last six years for South Australia, homebuyers, and the fourth time in six years for first home buyers in the NT.
People’s Choice spokesperson Stuart Symons being named the top in all three regions for the second year running cemented People’s Choice’s reputation as a genuine alternative for home buyers wanting more than the big banks offer.
“Great home loan rates are only part of the story when it comes to first home buyers. When you’re about to step into the biggest financial decision you have ever made, trust and excellent service can help settle any nerves so you can focus on the positives,” Mr Symons said.
“People’s Choice has again been named best for both trust and excellent customer service – so we think we have the right approach to helping first homebuyers.”
Mr Symons said the Canstar award was particularly welcome given the current competitive environment.
“People looking for a home loan today can enjoy record low rates, and every financial institution is fighting for new business,” Mr Symons said.
“Victoria is an extremely competitive area, yet is seems our approach to home loans is being embraced because people understand the benefit of working with a financial institution whose focus is on them rather than pleasing shareholders.
“That same approach has won recognition in both South Australia and the Northern Territory, so we will continue to focus on what’s important: meeting the needs of first home buyers and our members.”
The awards are based on Canstar’s assessment of the affordability, attractiveness and transparency of home loan pricing, together with the account features which help first home buyers make an informed decision.