HomeView 2017 Media ReleasesNew campaign to check out banking competition

A new campaign begins today to encourage Australians to check out the banking alternatives available to them, including Australia’s mutual banks, credit unions and building societies.

A new campaign begins today to encourage Australians to check out the banking alternatives available to them, including Australia’s mutual banks, credit unions and building societies.

"The current banking debate has started the conversation about alternatives to the big 4," COBA CEO Mark Degotardi said.

"There are 80 mutual banks, credit unions and building societies that offer a strong and safe alternative and who already serve 4 million Australian customers.

"These customer-owned banking institutions offer home loans, credit cards and everyday banking accounts.

"Customer owned banking has $104 billion in assets and invests healthy profits back into the community and into investment in better products and services.

"We encourage Australians to visit our Check Out the Competition website to learn more about the customer owned banking alternative."

Customer owned mutual banks, credit unions and building societies:

o    Are all Authorised Deposit-taking Institutions (ADIs), just like the big 4.

o    Bring a fundamentally different model to the market, a model where customer interests always comes first. 

o    Have market-leading customer satisfaction ratings, highly competitive pricing and community focus. 

“We hope Australians will check out the competition and like what they see. To find out more visit checkoutthecompetition.com.au

Media Release183.4 KB

For more information please contact:

Daniel McDougall, Senior Manager – Media and Communication

02 8035 8444 or 0407 637 541, This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Customer Owned Banking Association is the industry body for credit unions, building societies, mutual banks and friendly societies.  See www.customerownedbanking.asn.au

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Media Contacts

Mick Gibb
Corporate Affairs Manager
P: +61 2 8035 8444
M: +61 423 149 494
Email Mickcontact-arrow

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