Late last month voting opened for our proposed merger with Greater Bank. Thank you to everyone who’s already taken the time to have your say.
Both the Newcastle Permanent and Greater Bank Boards are unanimously supporting the merger, which has also been approved by the Federal Treasurer, and are recommending that members also vote in favour of this incredible opportunity to combine forces and create a financial powerhouse for the region.*
Newcastle Permanent and Greater Bank are both proudly customer-owned with no shareholders to consider and this will not change as a result of the merger. We’ll continue to invest profits for the benefit of our customers and local communities and we’ll keep both iconic brands, meaning there’ll be no change to your bank accounts or banking details.
If you haven’t already, we invite you to exercise your important right to vote - for each of your eligible memberships - on our proposed merger. You can find more information and vote here.
*Subject to no Superior Proposal