Beyond Bank is an Australian customer-owned financial institution based in South Australia, the Australian Capital Territory, Western Australia and New South Wales. It provides financial services to its members including savings and business accounts, term deposits, loans, insurance and financial planning, and has total assets under management of more than $4 billion. Beyond Bank is a certified B Corp.
Beyond Bank Australia was formerly a credit union called Community CPS Australia and became a mutual bank on 1 August 2013. The legal name is still Community CPS Australia Ltd but trading as Beyond Bank Australia.
Beyond Bank is a naming rights sponsor for the Adelaide Credit Union Christmas Pageant.
Video Beyond Bank Australia
History
Beyond Bank Australia was formerly Community CPS Australia Ltd (Community CPS) which was formed as a result of a merger between the Commonwealth Public Servants Credit Unions - CPS Credit Union (SA) Ltd and CPS Credit Union Co-operative (ACT) Ltd in March 2006.
In November 2008 Western Australian based United Credit Union Ltd (United) and Westax merged with Community CPS and carried on business in Western Australia under the registered business name United Community.
In May 2009 the Polish Community Credit Union also merged with Community CPS.
In January 2010 Hunter Region based Companion Credit Union (Companion), established in 1975, merged with Community CPS and continued to trade as Companion Credit Union.
In June 2011 Wagga Mutual Credit Union based in the Riverina NSW, merged with Community CPS Australia and continued to trade as Wagga Mutual Credit Union.
In 2012 Community CPS was named Money Magazine's Credit Union of the Year 2012 and awarded the 2012 Mozo People's Choice Award for Best Credit Union.
In August 2013 Community CPS became a mutual bank called Beyond Bank Australia.
In April 2016 Country First Credit Union based in Griffith NSW merged with Beyond Bank Australia.
In May 2016 Beyond Bank Australia acquired Universal Financial Planning in the Hunter region.
In June 2016 Beyond Bank Australia became a certified B Corp.
Maps Beyond Bank Australia
Awards
2017
- Best Financial Institution in Corporate Social Responsibility at the Australian Retail Banking Awards
- Canstar Customer Owned Institution of the Year for Mobile & Online Banking
- Mozo People's Choice Awards for: Outstanding Customer Satisfaction, Excellent Customer Service, Staff Friendliness, Highly Trusted and Most Recommended
2016
- Mozo's People's Choice Awards 2016 for 'Customer Satisfaction'
- Canstar Customer Owned Institution of the Year - Online Banking (2nd year in a row)
- Canstar Customer Owned Institution of the Year - Mobile Banking
- Mozo Experts Choice Base Rate Kids Savings Account - Junior Savers Club
- Money magazine's Best Transactor Credit Card (2nd year in a row)
- Canstar Customer Owned Institution of the Year - First Home Buyer WA (2nd year in a row)
- Canstar Outstanding Value Property Investor Home Loans for NSW, SA, WA: Customer Owned Institution of the Year
- Mozo Experts Choice Award Best value for Balance Transfers - Low Rate Credit Card
2015
- Canstar Customer Owned Institution of the Year - Online Banking
- Money magazine's Best Transactor Credit Card
- Canstar Best First Home Buyer Lender (customer owned)
- AB+F Mutual of the Year, Asia Pacific Banking + Finance Awards
- Canstar 5 star rating outstanding value - Fixed Home Loan
- Canstar outstanding value home loan line of credit
2014
- Canstar 5 star rating outstanding value - credit card
- Canstar 5 star rating outstanding value - Fixed Home Loan
2013
- Canstar 5 star rating outstanding value - fixed rate home loans
2012
- Money Magazine's Credit Union of the Year
2009
- Money Magazine Credit Card issuer of the year
2008
- Money Magazine Credit Union of the Year
2005
- Money Magazine Credit Union of the Year
Subsidiaries
Beyond Bank Australia Wealth Management
Financial planning services are provided by Eastwoods Wealth Management Pty Ltd ABN 17 008 167 002 / AFSL 237853 trading as Beyond Bank Australia Wealth Management. Eastwoods Wealth Management Pty Ltd is a subsidiary of Community CPS Australia Ltd ABN 15 087 651 143 / AFSL 237 856 trading as Beyond Bank Australia.
See also
- Banking in Australia
References
Source of the article : Wikipedia