In bringing the two trusted banks together, it would create one of Australia’s largest customer owned banks an organisation with $13.4 billion in total assets, almost 300,000 members, 750 employees and an expanded branch footprint.
Combining the financial strength of both banks increases scale and provides a platform for strong investment in enhanced products and services, modern technology, safety and security, and digital banking services.
Together, the merged bank has given the commitment for enduring support to the industries and communities that support it, through sponsorships, scholarships and other community partnerships.
MutualityWe will remain 100% customer-owned |
More branchesThe same number of branches will be retained, giving members increased access to face-to-face services |
For our peopleOur combined 750 people will have broader career opportunities and there will be no forced redundancies as a result of the merger |
For our membersOur combined financial strength will increase investment in member service, modern technology, and safety and security |
FamiliarUpon merging, the Australian Mutual Bank brand will be retained |
Supporting our communitiesWe will continue to support the industries and communities that support us through sponsorships, scholarships, and other community partnerships. The merged bank would also continue Australian Mutual Bank Ltd’s participation in the Australian Mutual Foundation. The merged bank will also continue to support the Australian Mutual Foundation |
Profit for purposeWe will operate as profit for purpose, retaining our B Corporation Certification |
Award-winning serviceWe will continue to offer and deliver the great service you know and trust |
