New hub provides members with key details
Qudos Bank has unveiled a new member hub to provide information and updates on its proposed merger with Bank Australia.
The member hub will serve as a centralised resource for members seeking details on the merger, including its rationale, a timeline of key dates, frequently asked questions, and information about Bank Australia. It also features a section where members can share their opinions and submit questions over the coming months.
Brendan Wright (pictured above), chief executive of Qudos Bank, said the initiative reflects the bank’s commitment to transparency and member engagement throughout the merger process.
“Since the signing of the memorandum of understanding with Bank Australia in early 2024, we have continued to update our members on the progress of the merger planning,” he said. “We are now excited to launch the Member Hub with more details on the merger.”
Wright emphasised the potential benefits of the merger, including a broader product range, improved digital technology, and access to a larger branch network.
“This is not about making a bigger bank; it’s about making an even better bank for members,” he said. “The combined strength of two leading customer-owned banks will allow us to stay true to our customer-first principles while enhancing the overall experience for members.”
The merger, if finalised, would bring together two prominent customer-owned banks in Australia, with a shared focus on delivering member value and strengthening customer-first banking.
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