Why did you merge?
The merger provides the opportunity to do more for members by combining two member-driven and complementary businesses while also increasing support for community and environmental initiatives. By bringing our two like-minded organisations together, we have the scale needed to deliver more for members through better products, services, digital capabilities, and competitive pricing.
How will members benefit?
The merger has provided the scale needed to ensure members continue to benefit from competitive financial products, personalised customer service and modern, secure banking technology – all with the care that only a strong, sustainable, member-owned banking organisation can provide.
We are now large enough to offer members more but still small enough to retain the personal touch.
The benefits members that will enjoy over time as a result of the merger include:
Are you still a mutual?
Was this a takeover?
What has happened to my membership?
What does it mean for my accounts/products?
What’s happening to your name and brand?
However, we will continue trading under the existing brand names of “Heritage Bank” and “People’s Choice” for an interim period. In time, we will adopt a fresh, new brand name that reflects our aspirations to provide a compelling alternative to the listed bank sector for all Australians.
Will there be any job losses or redundancies?
Will your headquarters move?
Who are the CEO and Chairman?
You can find out more details on our Directors and Management here.
What happens next?