RACQ Bank drives into black 08 October 2021 6:59AM RACQ Bank has made a welcome return to profit in the 2021 year, reporting a profit before tax of A$10.8 million, compared to a loss of $12.1 million in the prior year. read more
Dnister tests loyalty model 08 October 2021 6:24AM Dnister Ukrainian Credit Union, one of two remaining ethnically based credit unions in the country, has announced a profit after tax of A$260,000 for the year ended June. read more
Profitable times for P&N 22 September 2021 6:56AM In its first full year since the 2019 merger with Coffs Harbour based BCU, P&N saw assets increase from $6.182 billion to $6.928 billion, with above system growth in both deposits (up 10 per cent.. read more
Customer-owned banks accelerate merger activity 14 March 2018 6:12PM Australia's mutual banking sector has entered another frenetic bout of consolidation, with NSW-based Police Bank and Tasmania's Heritage Isle Credit Union the latest players to hatch a merger plan. read more