Regional Australia Bank

Regional Australia Bank is the trading name of Regional Australia Bank Ltd, a member owned bank with roots in regional NSW and head office located in Armidale.[1]

Regional Australia Bank
TypeMutual bank
IndustryFinancial Services
Founded1969
Headquarters
Armidale, NSW, Australia
ProductsBanking, financial and related services
Websitewww.regionalaustraliabank.com.au

History

Regional Australia Bank's beginnings started with New England Staff Credit Union at The University of New England in 1969. Following mergers with Peel Valley Credit Union in 2004, Orana Credit Union in 2008 and Hunter Mutual in 2010, they became New England Mutual, Orana Mutual and Hunter Mutual in the relevant geographical areas, falling under the overarching brand of the Community Mutual Group. In 2016 they changed their trading name to Regional Australia Bank, while retaining the corporate entity of Community Mutual Ltd. In May 2018, the corporate entity name was changed to Regional Australia Bank Ltd.

Open Banking

Regional Australia Bank was the first Accredited Data Recipient of Australia’s Consumer Data Right, part of an Australian Open banking initiative.[2]

References
  1. "Regional Australia Bank holds launch in Armidale". The Armidale Express. The Armidale Express. Retrieved 2 December 2016.
  2. Bennett, Tess (2020-03-23). "Regional Australia Bank achieves open banking accreditation". Which-50. Retrieved 2020-11-09.
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