We want to let you know the outcome of recent merger discussions with P&N Group (Police and Nurses Ltd).
After careful consideration, the Board concluded that a merger would not be in the best interests of our customers and the bank’s long-term strategic ambitions.
What this means for customers
Nothing changes. You can continue to use your accounts, cards, branches, call centres and digital banking as usual. We remain a strong, 100% customer-owned bank, focused on delivering competitive products, great service and long-term value for our customers.
Why we explored this opportunity
Like many customer-owned banks, we continually assess opportunities that could strengthen our ability to compete with the major banks and deliver better outcomes for customers.
What won't change
We remain committed to:
- Our 100% customer-owned structure and purpose
- Supporting first home buyers and small businesses
- Providing personal service through our branches, call centres and digital channels
- Investing in communities, including through our partnership with Mission Australia
Looking ahead
Great Southern Bank is well positioned for the future and remains focused on sustainable growth and continued reinvestment into better value and service for customers.
Thank you for your continued trust and support.
We’ll keep you informed as we continue to build a strong future for your bank.