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{{Short description|Australian financial institution}}
{{Short description|Australian financial institution}}
{{Multiple issues|{{COI|date=April 2020}}
{{COI|date=April 2020}}
{{Cleanup-PR|date=April 2020}}}}
{{Use dmy dates|date=September 2022}}
{{Use dmy dates|date=September 2022}}
{{Infobox company
{{Infobox company
| name = Newcastle Permanent Building Society
| name = Newcastle Permanent
| logo =
| logo =
| type = Private
| type = Private
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| products = [[Retail Banking]]
| products = [[Retail Banking]]
| net_income =
| net_income =
| assets = [[Australian dollar|AUD]] $10.7&nbsp;billion (2019)<ref name=annual_report>https://www.newcastlepermanent.com.au/-/media/files/annual-reports-and-corporate-docs/newcastlepermanent_annualreport_2019.pdf {{Bare URL PDF|date=March 2022}}</ref>
| assets = [[Australian dollar|AUD]] $10.7&nbsp;billion (2019)<ref name=annual_report>{{cite web |url=https://www.newcastlepermanent.com.au/-/media/files/annual-reports-and-corporate-docs/newcastlepermanent_annualreport_2019.pdf
|title=Newcastle Permanent Annual Report 2019
|website=nnewcastlepermanent.com.au
|access-date=13 Sep 2024}}</ref>
| homepage = {{url | http://www.newcastlepermanent.com.au/}}
| homepage = {{url | http://www.newcastlepermanent.com.au/}}
}}
}}


'''Newcastle Permanent''' was an Australian [[building society]], and is now a brand of Newcastle Greater Mutual Group,<ref>{{Cite web |title=Notice of our merger |url=https://www.greater.com.au/about-us/news/2023/03/notice-of-our-merger/ |access-date=2023-03-18 |website=www.greater.com.au |date=March 2023 |language=en}}</ref> as a result of a merger with [[Greater Bank]].<ref name="HeraldVote">{{Cite news|first=Matthew|last=Kelly|date=2022-09-27 |title=Members have their say on Newcastle Perm - Greater Bank merger |url=https://www.newcastleherald.com.au/story/7919828/members-have-their-say-on-newcastle-perm-greater-bank-merger/ |access-date=2022-09-29 |website=[[Newcastle Herald]] |language=en-AU|url-access=limited}}</ref>
'''Newcastle Permanent Building Society''' is an Australian [[building society]] with its head office located in [[Newcastle, New South Wales]], Australia, and provides services in [[New South Wales]].
Its head office is located in [[Newcastle, New South Wales]], Australia.

It was founded on 2 February 1903 as a [[Starr-Bowkett Society]] by a group of like-minded individuals who wanted to help families purchase their own homes. Newcastle Permanent has since grown to become one of the largest customer-owned banking institutions in Australia.

In November 2022, the society's members voted to merge the society with [[Greater Bank]], to take effect in March 2023, provided regulatory approval.<ref>{{Cite web |date=2022-11-02 |first=Ian|last=Kirkwood|title=What the Greater Bank and Newcastle Permanent merger means for banking with the big four |url=https://www.newcastleherald.com.au/story/7966386/what-the-greater-bank-and-newcastle-permanent-merger-means-for-banking-with-the-big-four/ |access-date=2022-11-08 |website=Newcastle Herald |language=en-AU}}</ref> Both brands were planned to continue.<ref>{{Cite news|first=Matthew|last=Kelly|date=2022-09-27 |title=Members have their say on Newcastle Perm - Greater Bank merger |url=https://www.newcastleherald.com.au/story/7919828/members-have-their-say-on-newcastle-perm-greater-bank-merger/ |access-date=2022-09-29 |website=[[Newcastle Herald]] |language=en-AU|url-access=limited}}</ref>

Their motto is "Here for good.", which shows their aim to help their customers improve their financial well-being and help their customers and communities thrive and grow.


== History ==
== History ==


* 1903 - Founded as a [[Starr-Bowkett Society]] in the Newcastle suburb of [[Wickham, New South Wales|Wickham]] on 2 February 1903
* 1903 Founded as a [[Starr-Bowkett Society]] in the Newcastle suburb of [[Wickham, New South Wales|Wickham]] on 2 February 1903
* 1939 - Newcastle Permanent Building Society was established
* 1939 Newcastle Permanent Building Society was established
* 1966 - First branch was opened to customers
* 1966 First branch was opened to customers
* 1970 - Introduced its famous ‘house’ logo
* 1970 Introduced its famous ‘house’ logo
* 1983 - Relocation of office headquarters to King St, Newcastle
* 1983 Relocation of office headquarters to King St, Newcastle
* 1984 - Installation of Newcastle Permanent's first ATM
* 1984 Installation of Newcastle Permanent's first ATM
* 2001 - Internet banking was launched for Newcastle Permanent customers
* 2001 Internet banking was launched for Newcastle Permanent customers
* 2004 - The Charitable Foundation distributed its first grant
* 2004 The Charitable Foundation distributed its first grant
* 2018 - Celebrated 115 years of banking.
* 2018 Celebrated 115 years of banking.
* 2022 - Members started voting on 28 September 2022 on a merger with [[Greater Bank]]
* 2023 Merged with [[Greater Bank]]

== Services ==
A full suite of banking services are offered including home and personal loans, credit cards, savings, deposits, transactions and insurance as well as business banking and financial planning.


In November 2022, Newcastle Permanent's members voted to merge the society with [[Greater Bank]], to take effect in March 2023, provided regulatory approval.<ref>{{Cite web |date=2022-11-02 |first=Ian|last=Kirkwood|title=What the Greater Bank and Newcastle Permanent merger means for banking with the big four |url=https://www.newcastleherald.com.au/story/7966386/what-the-greater-bank-and-newcastle-permanent-merger-means-for-banking-with-the-big-four/ |access-date=2022-11-08 |website=Newcastle Herald |language=en-AU}}</ref> Both brands were planned to continue.<ref name="HeraldVote" />
== Charitable Foundation ==
The Charitable Foundations mission is to help those in need rewrite their futures and make a meaningful difference to individual's lives through grants. Since the Foundation's inception, more than $21.5m has been donated to the community through its bi-annual [https://www.newcastlepermanent.com.au/charitable-foundation/ Charitable Grants process].


== References ==
== References ==
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* {{Official website|http://www.newcastlepermanent.com.au/}}
* {{Official website|http://www.newcastlepermanent.com.au/}}


{{Banking in Australia}}
{{Authority control}}


[[Category:Building societies of Australia]]
[[Category:Building societies of Australia]]

Latest revision as of 12:42, 23 September 2024

Newcastle Permanent
Company typePrivate
IndustryBanking and financial services
Founded2 February 1903 (as Newcastle District Starr-Bowkett Society), 1939 (as Newcastle Cooperative Building and Investment Society Limited) (2 February 1903 (as Newcastle District Starr-Bowkett Society), 1939 (as Newcastle Cooperative Building and Investment Society Limited))[1]
HeadquartersNewcastle, New South Wales,
ProductsRetail Banking
Total assetsAUD $10.7 billion (2019)[2]
Websitewww.newcastlepermanent.com.au

Newcastle Permanent was an Australian building society, and is now a brand of Newcastle Greater Mutual Group,[3] as a result of a merger with Greater Bank.[4] Its head office is located in Newcastle, New South Wales, Australia.

History

[edit]
  • 1903 – Founded as a Starr-Bowkett Society in the Newcastle suburb of Wickham on 2 February 1903
  • 1939 – Newcastle Permanent Building Society was established
  • 1966 – First branch was opened to customers
  • 1970 – Introduced its famous ‘house’ logo
  • 1983 – Relocation of office headquarters to King St, Newcastle
  • 1984 – Installation of Newcastle Permanent's first ATM
  • 2001 – Internet banking was launched for Newcastle Permanent customers
  • 2004 – The Charitable Foundation distributed its first grant
  • 2018 – Celebrated 115 years of banking.
  • 2023 – Merged with Greater Bank

In November 2022, Newcastle Permanent's members voted to merge the society with Greater Bank, to take effect in March 2023, provided regulatory approval.[5] Both brands were planned to continue.[4]

References

[edit]
  1. ^ Newcastle Permanent website: Our History
  2. ^ "Newcastle Permanent Annual Report 2019" (PDF). nnewcastlepermanent.com.au. Retrieved 13 September 2024.
  3. ^ "Notice of our merger". www.greater.com.au. March 2023. Retrieved 18 March 2023.
  4. ^ a b Kelly, Matthew (27 September 2022). "Members have their say on Newcastle Perm - Greater Bank merger". Newcastle Herald. Retrieved 29 September 2022.
  5. ^ Kirkwood, Ian (2 November 2022). "What the Greater Bank and Newcastle Permanent merger means for banking with the big four". Newcastle Herald. Retrieved 8 November 2022.
[edit]