Great Southern Bank

• Ian Rogers

The net profit of Great Southern Bank has dived, to $37.3 million over the year to June 2024, from $44.5 million in FY2023. read more

• Ian Rogers

Any merger of Beyond Bank and Police & Nurses would create a mutual with close to $20 billion in assets, making it the fourth largest. The enlarged mutual bank will have around 450,000 members, wh.. read more

• John Kavanagh

Great Southern Bank grew its mortgage book by 6.6 per cent in the year to June, with this above system growth largely due to its penetration of the first home buyer market. read more

• John Kavanagh

CUA is making a significant investment in its business, as it seeks to regain momentum in the ultra-competitive home loan market. read more

• John Kavanagh

The combination of margin pressure from falling interest rates and increased investment in member services resulted in a 7.9 per cent fall in CUA Group's net profit for the six months to December. read more

• Bernard Kellerman

Funding for growth in a post-Hayne world has become a lot easier for several of Australia's largest mutuals, with CUA now ready to issue a newly legislated mutual capital instrument. read more

• Ian Rogers

How many merger discussions are front of mind at CUA - zero! read more

• Bernard Kellerman

CUA has announced that its chief sales officer Paul Lewis, will step up to become chief executive officer of Australia's largest credit union from 1 November 2019. He will take over from Rob Goudswaar.. read more

• Ian Rogers

Hundreds of credit unions have merged with others over the years, with only around 70 left - how many more may be escalating this option? read more

• Ian Rogers

Rob Goudswaard, CEO of Credit Union Australia, pulled a bit of a surprise yesterday, outlining plans to leave in February 2020.Might the fourth-largest mutual ADI supply his successor (a long rumoured.. read more

• Ian Rogers

A fast pace of growth in deposits and "record member growth" over the December half suggests that the busy investment in "digital" is making its mark at CUA - Australia's largest credit union. read more

• Ian Rogers

An investment in "digital assets" is behind a 20,000 jump in new members for Credit Union Australia over the last year. read more

• Bernard Kellerman

Australia's largest credit union, CUA, completed its fourth medium term note issue since 2016, raising A$225 million to put toward further expanding its loan books. read more

• Banking Day staff

Natasha Kelso, national manager of broker for Credit Union Australia will jump across to the same job at Bank of Queensland. read more

• Bernard Kellerman

Australia's largest credit union, CUA, has increased its investment in innovation and digitisation while declaring a solid first-half financial result for the 2017/18 year. read more

• Ian Rogers

The core banking division of Credit Union Australia had a rough year, one softened by a surge in lending for personal loans. read more

• Banking Day staff

Andrew Reeves will join the board of Credit Union Australia, filling a spot vacated by Mike Pratt. read more

• Bernard Kellerman

Credit Union Australia said it has joined a small group of banking providers to collaborate with a "banking innovator", Pivotus Ventures, described as an "innovation studio" in Silicon Valley. read more

• Ian Rogers

Any applause for a renovated law on use of the label "bank" in Australia may be misplaced. While Treasury officials expect that the draft reforms unveiled by Treasurer Scott Morrison yesterday will "r.. read more

• Banking Day staff

Nigel Ampherlaw will take over as chair of Credit Union Australia from November, replacing Alan Beanland who is retiring after eight years in the role. read more