Bank Australia is 100% customer-owned, a certified B Corp and aims to be Australia’s most trusted bank. They’ve been supporting their customers for over 67 years and are the custodians of more than $11 billion in assets. Over 190,000 Australians choose Bank Australia as their bank.
Bank Australia has a strong commitment to clean money, which means they focus their lending and investments in areas that do good for people and the planet. They exist to inspire and empower customers to use their money to create a world where people and the planet thrive.
Celebrating our similarities while leveraging our differences
Qudos Bank Chair Jennifer Dalitz said “We see the proposed merger as an exciting opportunity that would see the two customer-owned banks coming together to do more for members, enabling greater investment in even better products, services, digital banking technology for our customers and creating a positive impact for communities and the environment."
Bank Australia Chair Steve Ferguson said “The proposed merger between Bank Australia and Qudos Bank would provide an opportunity to accelerate the growth of two financially strong customer owned banks. Qudos Bank shares our strong focus on supporting customers and their communities to thrive, so their vision of a sustainable future aligns closely with ours. The growth from a merger would allow us to deliver even greater experiences for our customers, and increase the reach of our purpose driven banking to more Australians.’’
What if I’m already a customer of both Qudos Bank and Bank Australia?
If you’re already a member of both banks, you can continue your day-to-day banking as normal. Both brands will continue under the merged entity with an intention for future review in due course. All members will be informed if and when this review takes place.
To learn more about Bank Australia, visit the Bank Australia website.
Qudos Bank is one of Australia’s largest customer owned banks with over $5b in assets. Being 100% customer owned means our customers and owners are one and the same. Everything we do, the decisions we make, and the way we operate is designed with the customer at the heart of it all. We exist for the benefit of our customers and the community, not for making profit for the benefit of shareholders. We are a proud member of the Customer Owned Banking Association and have made a commitment to follow the Customer Owned Banking Code of Practice. We believe in doing the right thing for customers and our community, helping them realise their potential, and in the power of people coming together to pursue their financial freedom. Our goal is to be the bank our customers value most.
Bank Australia exists to inspire and empower customers to use their money to create a world where people and the planet thrive. We are 100% customer owned, a certified B Corp and we aim to be Australia’s most trusted bank. Our commitment to clean money means we focus our lending and investments in areas that do good, not harm, for people and the planet. We support over 190,000 customers and we’re the custodians of more than $11 billion in assets.
Get the latest on the proposed merger with Bank Australia, and updates on next steps for the merger vote in 2025.
We acknowledge the Traditional Owners of the lands on which we operate and pay our respects to Elders past and present, and to emerging community leaders. We also acknowledge the important role Aboriginal and Torres Strait Islander peoples continue to play within the communities in which Qudos Bank operates and where our team members reside.
