Fintech, major bank competition fuelling mergers: Newcastle Permanent
Battling over technology and relevance has fired up mutual banks’ need to join forces, Newcastle Permanent’s chair has said.
Source: mortgagebusiness.com.au
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Newcastle Permanent, Greater Bank boards greenlight merger
The union of the two mutual banks has taken its next step, with the leadership of both companies endorsing the concept.
Source: theadviser.com.au
Beyond Bank, South West Credit Union flirt with merger
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
Source: mortgagebusiness.com.au
Beyond Bank eyes expanded broker reach with merger
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.
Source: theadviser.com.au
Mutual bank finalises merger with lender
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
Source: mortgagebusiness.com.au