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Over succeeding years, mergers among 72 other credit unions and co-operative banks eventually led to the creation of the Members & Education Credit Union (mecu) in 2003, which became Bankmecu in 2011, and Bank Australia in 2015. Bank Australia is a member organisation of the Global Alliance for Banking on Values and is a certified B Corporation ...
Community CPS Australia (t/a Beyond Bank Australia) Adelaide: Community First Credit Union (t/a Community First Bank & EasyStreet) Sydney: Credit Union Australia (t/a Great Southern Bank) Brisbane: Credit Union SA: Adelaide: Defence Force Credit Union (t/a Defence Bank) [44] Melbourne: DNISTER Ukrainian Credit Co-operative Essendon
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Great Southern Bank, formerly Credit Union Australia, is one of Australia's largest customer-owned banks with corporate offices in Brisbane, Sydney, and Melbourne. [5] It provided banking services to more than 400,000 Australians in 2023.
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Banking in Australia is dominated by four major banks: Commonwealth Bank, Westpac, Australia & New Zealand Banking Group and National Australia Bank.There are several smaller banks with a presence throughout the country which includes Bendigo and Adelaide Bank, Suncorp Bank, [1] and a large number of other financial institutions, such as credit unions, building societies and mutual banks ...
In May 2020, former UBS Australia chairman Guy Fowler and UBS Australia Head Matthew Grounds were in the process of launching their own firm with the backing of Magellan Financial Group and Barclays and had already received signed contacts from 50 to 60 people ready to join the new firm. However the firm did not launch as planned as the two ...