MyState Bank announces decrease to variable lending rates by 0.25%

MyState Bank has announced a 0.25% p.a. reduction in variable lending rates, effective from 5 June, 2025. This change will apply to new and existing customers across owner-occupied, residential investment, and commercial loans.

Additionally, residentially secured line-of-credit products for existing borrowers will benefit from this adjustment.

We will in contact with customers in writing to advise of new repayment details in the coming weeks.

For deposit customers, we will be reviewing interest rates and will advise of any changes.