Share This Page

Merger Announcement: Nexus Mutual Credit Union

September 2019
Share This Story

Merger Announcement

We would like to advise customers of our plans in relation to a proposed merger with Nexus Mutual Credit Union.

A Memorandum of Understanding between our two organisations was signed on 17 September 2019. The merger is subject to due diligence and regulatory approval.

Nexus Mutual is a Melbourne-based credit union and has been serving members for over 50 years. They have over 6,000 members, two branches and $360m in assets.

Nexus Mutual is a dedicated credit union for the ExxonMobil community of employees, contractors and their families.  

As customer-owned organisations, we are both committed to being the best for our members and the communities in which we operate. Together, we will have an even greater capacity to develop financial solutions that offer real value to members. Our people will continue to play a key role in ensuring that the combined business will grow and prosper in the years ahead. 

Through this proposed merger, Beyond Bank’s strong national position as a clear alternative in the financial services market will be enhanced in both Melbourne and regional Victoria.

Both organisations also have strong relationships with local communities and we look forward to expanding and developing community programs once the merger is finalised.

Top

Share this page

×

For the security of your accounts, Internet Banking no longer supports Internet Explorer 8 or earlier versions.

As you may know, Microsoft recently made the decision to discontinue its support of Internet Explorer 8 (IE8). This leaves users exposed to potential security risks. As a result, Beyond Bank's Internet Banking will no longer support Internet Explorer 8 or earlier versions. Going forward, Beyond Bank will support Internet Explorer 9 or later to ensure the security of your accounts.

Continue to Website