Fact Sheets
Customer owned banking in Australia has over $131 billion in assets.
Having over $131 billion in assets underlines that the customer owned model, with more than four-and-a-half million customers, is the proven alternative to the listed model in retail banking. Mutual banks, credit unions and building societies are delivering great service, highly competitive pricing and an unmatched customer focus. Customers are our owners and number one focus and unlike our listed competitors we don’t have the tension of trying to maximise returns to a separate group of shareholders.
Download Customer Owned Banking Sector Fact Sheet July 2020.
