NGM launches digital home loan 19 July 2023 5:10AM Latest news John Kavanagh Newcastle Greater Mutual Group, the product of the recent merger of Newcastle Permanent Building Society and Greater Bank, has made good on its promise to use its scale to deliver new services, launch.. read more
Big mutual mergers take effect 01 March 2023 6:12AM Latest news John Kavanagh Two new mutual banks, each with assets of more than A$20 billion, start trading today, with the official completion of the mergers of Newcastle Permanent Building Society and Greater Bank, and Heritag.. read more
Newcastle Greater Mutual Group is born 03 November 2022 6:19AM Latest news John Kavanagh Newcastle Permanent Building Society and Greater Bank members have voted in favour of the proposed merger of the two mutuals. read more
Newcastle Permanent and Greater Bank merger voting opens 29 September 2022 4:48AM Latest news John Kavanagh Newcastle Permanent Building Society and Greater Bank opened the voting on their proposed merger yesterday, with members able to vote using a ballot paper included in an information pack, online or us.. read more
Mutual mergers approved 26 September 2022 4:54AM Latest news John Kavanagh Treasurer Jim Chalmers has approved two proposed mergers of mutuals – Heritage Bank with People’s Choice Credit Union, and Greater Bank with Newcastle Permanent Building Society. read more
Society era ends in Hunter 04 August 2021 6:19AM Latest news Ian Rogers Newcastle Permanent Building Society and Greater Bank may finally forge a merger, in the process forming the largest mutual bank in Australia with $19.8 billion in assets. read more
Briefs: Westpac revs up ABS sector, La Trobe gets an upgrade 20 February 2017 5:12PM Briefs Banking Day staff Westpac has upsized, to A$2.15 billion from $750 million, its latest auto receivable asset-backed securities issue which it claims is the largest ever Australian domestic ABS transaction. read more
Briefs: NAB appoints customer advocate, ANZ issues Yen notes, mutuls back fintech startup lab 12 July 2016 4:15PM Briefs Banking Day staff National Australia Bank has established the role of independent customer advocate to help retail and small business customers resolve complaints. read more