bankmecu announce name change to Bank Australia

28 July 2015

bankmecu have announced they plan on changing their name to Bank Australia. The name change will come into effect on 17 August.

After many months of research including discussions with their current customers and prospective customers, the customer owned bank found that people are looking for a real alternative to the investor owned banks in Australia. Competitive pricing and products as well as superior levels of customer service are essential and highly valued.

Following further discussions, bankmecu realised that the current name does not reflect the progressive nature of their business. Noting their new name Bank Australia, the BCCM member calls it a strong and unambiguous name that will allow the bank to take forward the tradition of customer owned responsible banking.

With 58 years of behind, the institution is looking forward to the future as Bank Australia.