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CHANGES TO HOME LOAN INTEREST RATES

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IMB Bank today announced it would increase variable home loan rates by 0.10% due to the increasing funding costs and competitive market pressure for new deposits.

The change is effective on Monday January 30, 2017. Member’s loan repayment will change from May, 2017.

The IMB Bank standard variable home loan interest rate for both owner occupied and investment loans remains below that of all the major banks.