Fire Service Credit Union Home Loans: The 2026 Review

Founded in 1972, Fire Service Credit Union was established to cater to the financial needs of emergency services personnel and their families. Located near the fire station in Chancery Lane, Adelaide, South Australia, the credit union is a member-owned entity, operating independently with a focus on providing personalised financial services. Over the years, it has maintained its commitment to serving this niche market, ensuring that its offerings are tailored to meet the specific needs of its members.

Today, Fire Service Credit Union positions itself as a community-focused institution with a strong emphasis on personalised service. By offering competitive rates and tailored financial solutions, it differentiates itself from larger banks. The credit union prides itself on exceptional service quality and fast approvals, catering specifically to the unique financial requirements of emergency services personnel. Its business model revolves around delivering value through specialised products and services, maintaining a strong sense of community and support.

The credit union's target market is exclusively emergency services personnel and their families, ensuring that its products, such as the Firefighter Home Loan with rates starting at 5.14% p.a., are specifically designed to meet their needs. With membership restricted to this group, Fire Service Credit Union provides a sense of belonging and support, focusing its efforts on delivering value and financial expertise to its members.

• Legal Name: Fire Service Credit Union Ltd
• ABN: 17087651152
• ACN: 087651152
• Established: 1972
• Headquarters: Near the fire station in Chancery Lane, Adelaide, South Australia
• Type: Credit Union
• Ownership: Independent

• Website: https://www.fscu.com.au
• Phone: 08 8227 2222
• Address: Near the fire station in Chancery Lane, Adelaide, SA

Fire Service Credit Union provides tailored home loan solutions for emergency services personnel, featuring competitive rates and flexible repayment options to meet unique financial needs.

• Offset Account: The balance in this account reduces the interest you pay on your mortgage, helping you save money over the life of the loan. This feature is available on all products, allowing you to maximise interest savings.
• Free Redraw Facility: Borrowers can access advance repayments without any fees, offering flexibility in managing funds. The minimum redraw amount is $1,000, capped at $20,000, providing a convenient way to access extra funds when needed.
• Extra Repayments: Fire Service Credit Union allows extra repayments without incurring additional charges, enabling borrowers to pay off their loans faster and reduce overall interest costs. This feature is available on all products.
• Competitive Variable Rate: The Firefighter Home Loan offers a competitive variable rate starting at 5.14% p.a., providing cost-effective borrowing for eligible members. This rate supports long-term savings on interest payments.
• Membership Exclusivity: Membership is restricted to emergency services personnel and their families, ensuring that products are specifically tailored to meet their needs. This creates a sense of community and personalised service.
• Online Account Management: Borrowers can view their account balance and transfer extra funds at any time for free, offering convenience and control over their financial management. This feature enhances the ease of managing loan repayments.
• Application Fee: While there is an application fee of $300, the credit union focuses on providing value through competitive rates and flexible features, making it a cost-effective choice for eligible borrowers.
• Fast Approvals: Fire Service Credit Union is committed to providing fast loan approvals, ensuring that members can access funds quickly when needed. This is particularly beneficial for those in emergency services requiring timely financial solutions.

Fire Service Credit Union offers a transparent fee structure tailored to emergency services personnel, ensuring clarity and understanding of costs associated with their financial products.

• Application Fee: $300 - A one-time fee for processing the loan application.
• Existing Mortgage Increase Application Fee: $150 - Charged when increasing the amount of an existing mortgage.
• PEXA Settlement Fee: $70.18 - Covers the cost of electronic property settlements.
• Mortgage Discharge Doc Fee: $235.75 - Applies when discharging a mortgage document.
• LTO Mortgage Discharge: $192 - Charged for lodging a discharge of mortgage with the Land Titles Office.
• Annual Package Fee: Varies by product (Annual) - May apply for certain products, covering ongoing account management.

Fire Service Credit Union provides home loans specifically for emergency services personnel and their families, offering tailored financial solutions and competitive rates.

• Must be at least 18 years old.
• Must be an Australian resident.
• Must be a natural person, not a legal entity.
• Employment within emergency services or have a family member who is employed in emergency services.
• Ability to demonstrate sufficient income to meet repayment obligations.
• Must have a satisfactory credit history.

• Loan-to-Value Ratio (LVR) up to 95% may be available on some products, with Lenders Mortgage Insurance (LMI) required above 80% LVR.
• Some products may accept a 5% deposit if supported by a guarantor.
• Membership is restricted to emergency services personnel and their families, ensuring products are tailored to this community.