Customer-owned banks accelerate merger activity 14 March 2018 6:12PM Credit Union George Lekakis and Graeme Phipps Australia's mutual banking sector has entered another frenetic bout of consolidation, with NSW-based Police Bank and Tasmania's Heritage Isle Credit Union the latest players to hatch a merger plan. read more
Police walk CUFSS liquidity lifeline 14 December 2016 6:00PM Credit Union Ian Rogers The Credit Union Financial Support System is fading, with a 'going concern' question mark in the air after the departures of several large mutuals in recent times - Police Bank becoming the latest to.. read more
Strong lending growth drives BankVic earnings growth 14 October 2016 4:56PM Mutual bank John Kavanagh The trend for small financial institutions to report above-average growth in loans and deposits continues, with BankVic growing its loan book by 11.1 per cent and its deposits by 9.8 per cent in the y.. read more