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November 3, 2022
The merger of two mutual lenders now only requires regulatory approval to go ahead, after members gave the deal the greenlight. Members of Greater Bank and Newcastle Permanent have voted in favour of
September 27, 2022
The mutual bank is set to bring a $10 billion home loan portfolio to its merger deal with Greater Bank.
April 4, 2022
Battling over technology and relevance has fired up mutual banks’ need to join forces, Newcastle Permanent’s chair has said.
March 16, 2022
The union of the two mutual banks has taken its next step, with the leadership of both companies endorsing the concept.
November 4, 2021
The credit union and bank have entered into merger discussions, looking to potentially form “one of Australia’s larger customer-owned banking organisations”. The two groups declared the potenti
November 4, 2021
Beyond Bank has outlined a broker growth strategy in regional Victoria and South Australia, which could unfold under its potential merger with South West Credit Union.
November 1, 2021
A mutual bank has announced the completion of the merger with another lender, with the final step of data migration to occur this week. Teachers Mutual Bank Limited (TMBL) has announced the completi