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Members of New England and Bananacoast Community credit unions were due to vote this month on the proposed merger, but the deal has been cancelled. read more

The credit union industry is continuing to consolidate, with Maritime, Mining & Energy to merge with Power, creating an entity with over $400 million in assets. read more

One in four St George customers has a bank branded credit card, up from 22.7 per cent in the eighteen months from March 2006. read more

"The first half was slow because we were late to market with basic product", said Paul Fegan, acting CEO at St George, explaining the modest increase in residential lending. read more

Bananacoast Community Credit Union has reported a modest 2.6 per cent increase in profit to $5.2 million for the year ending June 2007, impacted by the merger with Big River Credit Union and the incre.. read more

ANZ's retail banking arm in Australia is producing the most consistent growth in profit for the bank, up 16 per cent in the 2007 year. The bank continues to find the mortgage portfolio a tough part of.. read more

Two mortgage broker groups in Queensland have sold to Firstfolio and the mortgage originator has many more in its sights. read more

Consideration for the purchase of Premium Mortgage Group and Blue Coast Finance will involve no cash, instead constructed by scrip and performance based options. read more

X Inc Finance and eMOCA, the mortgage broker group of Australia's largest real estate agent Ray White, last week announced merger proceedings to create a $10 billion mortgage broking business. read more

X Inc Finance and eMOCA, the mortgage broker group of Australia's largest real estate agent Ray White, yesterday announced a merger. read more