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Bank Australia is an Australian customer-owned bank based in Collingwood, Victoria. The organisation can trace its origins back to 1957, when the CSIRO Co-operative Credit Society was formed. Over succeeding years, mergers among 72 other credit unions and co-operative banks eventually led to the creation of the Members & Education Credit Union ...
G&C Mutual Bank [23] Sydney: 1959: Customer-Owned [24] Greater Bank: Newcastle: 1945: Division of Newcastle Greater Mutual Group (NGM Group) Heritage Bank: Toowoomba: 1875: Customer-Owned [25] Hume Bank: Albury: 1955: Customer-Owned [26] IMB Bank: Wollongong: 1880: IN1Bank [27] Sydney: 2019 Macquarie Bank: Sydney: 1969: ME Bank: Melbourne: 1994 ...
Great Southern Bank is Australia's largest customer owned bank having achieved this status with the rebranding from Credit Union Australia on 1 June 2021. Previously Heritage Bank was Australia's largest customer-owned bank, having changed its name from Heritage Building Society in December 2011. A number of credit unions and building societies ...
The earliest precursor to Great Southern Bank was officially founded in 1946. It was created through the amalgamation of several small Queensland based credit unions in the 1940s and had around 180 members in total. Since then, through the joining of more than 171 credit unions, [10] it has become the biggest customer-owned bank in Australia. [11]
The Commonwealth Bank is Australia's largest retail bank and offers customers a range of products and services, including loans, credit cards, transaction and savings accounts. It has the largest branch and ATM network. [106] It also offers services to people planning to move to Australia. [107]
Qudos Bank is an unlisted public company owned by its customers, and its board consists of seven directors, five of whom are member-elected and two of whom are board-appointed. It operates five branches across Australia.
Beyond Bank is an Australian customer-owned bank operating in South Australia, Victoria, the Australian Capital Territory, Western Australia and New South Wales.It provides financial services to its members, including savings and business accounts, term deposits, loans, insurance and financial planning, and has total assets under management of more than $5 billion.
Regional Australia Bank markets itself as a customer owned bank, meaning that its shareholders are also its member customers. This type of structure is commonly associated with a community bank , popular before the deregulation of the financial system in the 1970s in Australia.
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