We will remain 100% customer-owned and, with no shareholders to consider, will continue to invest profits for the benefit of our customers and local communities.
We will keep both iconic brands, Newcastle Permanent and Greater Bank, meaning there’ll be no change to your bank accounts or banking details following the merger.
The current number of combined branches will be retained for at least two years.
Our workforces will come together and there will be no forced redundancies as a result of the merger for at least two years.
We will continue to support our local communities by maintaining or growing the $4.5 million invested each year by Greater Bank, Newcastle Permanent and our respective charitable foundations.
Our customer contact centres and headquarters will continue to be based in the Hunter, as they always have.