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Newcastle Permanent was an Australian building society, and is now a brand of Newcastle Greater Mutual Group,[3] as a result of a merger with Greater Bank.[4] Its head office is located in Newcastle, New South Wales, Australia.
| Company type | Private |
|---|---|
| Industry | Banking and financial services |
| Founded | 2 February 1903 (as Newcastle District Starr-Bowkett Society), 1939 (as Newcastle Cooperative Building and Investment Society Limited)[1] |
| Headquarters | Newcastle, New South Wales, |
| Products | Retail Banking |
| Total assets | AUD $10.7 billion (2019)[2] |
| Website | www |
History
edit- 1903 – Founded as a Starr-Bowkett Society in the Newcastle suburb of Wickham on 2 February 1903
- 1939 – Newcastle Permanent Building Society was established
- 1966 – First branch was opened to customers
- 1970 – Introduced its famous ‘house’ logo
- 1983 – Relocation of office headquarters to King St, Newcastle
- 1984 – Installation of Newcastle Permanent's first ATM
- 2001 – Internet banking was launched for Newcastle Permanent customers
- 2004 – The Charitable Foundation distributed its first grant
- 2018 – Celebrated 115 years of banking.
- 2023 – Merged with Greater Bank
In November 2022, Newcastle Permanent's members voted to merge the society with Greater Bank, to take effect in March 2023, provided regulatory approval.[5] Both brands were planned to continue.[4]
References
edit- ^ Newcastle Permanent website: Our History
- ^ "Newcastle Permanent Annual Report 2019" (PDF). nnewcastlepermanent.com.au. Retrieved 13 September 2024.
- ^ "Notice of our merger". www.greater.com.au. March 2023. Retrieved 18 March 2023.
- ^ a b Kelly, Matthew (27 September 2022). "Members have their say on Newcastle Perm - Greater Bank merger". Newcastle Herald. Retrieved 29 September 2022.
- ^ Kirkwood, Ian (2 November 2022). "What the Greater Bank and Newcastle Permanent merger means for banking with the big four". Newcastle Herald. Retrieved 8 November 2022.
External links
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