Newcastle Permanent
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| Company type | Private |
|---|---|
| Industry | Banking and financial services |
| Founded | 2 February 1903 (as Newcastle District Starr-Bowkett Society), 1939 (as Newcastle Cooperative Building and Investment Society Limited)[1] |
| Headquarters | Newcastle, New South Wales, |
| Products | Retail Banking |
| Total assets | AUD $10.7 billion (2019)[2] |
| Website | www |
Newcastle Permanent Building Society is an Australian financial institution with its head office located in Newcastle, New South Wales, Australia, and provides services in New South Wales through branches, internet and mobile banking, their ATM network, access to the "Big Four" network of ATM's, and a support team based in the Hunter Region. Members started voting on 28 September 2022 on a merger with Greater Bank.[3]
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 a large customer-owned banking institution.
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
- 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.
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.
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 Charitable Grants process.
References
- ^ Newcastle Permanent website: Our History
- ^ https://www.newcastlepermanent.com.au/-/media/files/annual-reports-and-corporate-docs/newcastlepermanent_annualreport_2019.pdf [bare URL PDF]
- ^ "Members have their say on Newcastle Perm - Greater Bank merger". Newcastle Herald. 27 September 2022. Retrieved 29 September 2022.
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External links
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