Merger Announcement (update)


We would like to provide a further update to customers on our plans in relation to the proposed merger with South West Mutual Credit Union, Warrnambool Victoria.

A Memorandum of Understanding between our two organisations was signed on Friday, 29 October 2021. The merger has passed due diligence and both Beyond Bank and South West Mutual Credit Union have submitted the required documents to gain regulatory approval. The proposed merger date is Friday, 1 April 2022.

We are now inviting feedback or questions from our customers on the proposed merger.

Please email us at merger@beyondbank.com.au with your comments, questions and submissions before Tuesday, 18 February 2022 for consideration.

Corporate announcements.

Interest rate update - May 2022

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  • Corporate announcements
Beyond Bank Australia has carefully reviewed our rates following the recently announced changes from the RBA regarding the official cash rate.
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We’re proud to be named the best bank in Australia by Forbes in their 2022 World’s Best Banks survey.

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Our style of customer-owned banking means that instead of paying shareholders, our members reinvest profits back into benefits for customers through lower fees, better interest rates and time-saving innovation. Our customers remain our number one priority in everything we do.
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South West Credit and Beyond Bank Australia to merge

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  • Corporate announcements
South West Credit members have voted in favour of a merger with Beyond Bank Australia at a Special General Meeting held in Warrnambool, Victoria on Monday 21 March. Beyond Bank is one of the largest customer-owned banks in Australia and the merge will see South West Credit’s 13,000 customers link in to Beyond Bank’s extensive regional and metropolitan national network.
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