Family First Bank members have voted overwhelmingly in favour of a merger with Beyond Bank Australia, with 89.6% supporting the proposal at a Special General Meeting in Lithgow, New South Wales, last night.
Both organisations have followed the required adoption and regulatory processes, and final approval documentation has been lodged with APRA with the merger to take effect from 1 March.
Beyond Bank Australia, one of the country’s largest member‑owned banks with more than 340,000 members and $11.05 billion in funds under management, said the merger reflects the strong alignment and shared purpose of the two organisations.
“Beyond Bank and Family First Bank have a long history of supporting the communities we serve,” said David Marshall, CEO of Beyond Bank Australia.
“This merger strengthens that commitment and positions us to deliver even greater benefits to members across regional New South Wales.”
The merger will see Family First Bank members gain access to Beyond Bank’s extensive regional and metropolitan network, along with a broader range of products, services, and digital capabilities.
“Importantly too, all Family First Bank employees have been offered roles within the merged organisation, and we’re excited to welcome them into the Beyond Bank team,” Mr Marshall said.
Family First Bank CEO Adam Marshall said the merger represents a major step forward for members and communities.
“Family First Bank has always been dedicated to providing ethical, community‑focused banking,” Mr Marshall said.
“Joining with Beyond Bank allows us to expand our offering while staying true to the values our members trust.
“This partnership ensures our members will continue to receive the personalised service they value, supported by the strength and scale of a leading customer‑owned bank.”
The merger becomes official on 1 March 2026, while the technology and banking systems members use will move across in early June. This staged approach ensures a smooth transition with no expected disruption to members.
