The Auswide Bank formerly known as Wide Bay Australia is one of the largest financial institutions in Australia. It is dedicated to helping Australians achieve their dream of home ownership, create wealth and access banking services. The company offers a range of personal and business banking products and services at competitive rates. In order to be the best bank in Australia, it adheres to five principles: flexibility, responsiveness, responsibility and agility.
The company was founded in 1966 and listed on the Australian Securities Exchange Limited. Previously known as Wide Bay Capricorn Building Society, the company changed its name to Wide Bay Australia Ltd. In 2003, the company purchased the Mackay Permanent Building Society. As of December 31, 2012, the bank had total assets of $2.644 billion, loans of $2.198 billion, and deposits of $1.678 billion. The company was given an A-2 short-term credit rating by Standard & Poor’s.
Today, Auswide offers a wide range of personal and business banking services and products. In recent years, fixed rate loans from Auswide have been the most popular. They offer three- and five-year specials. In October 2016, the bank released the RBA Rate Tracker Home Loan, which competed with the major banks on variable rates. These are just some of the many benefits of choosing Auswide as a bank.
Auswide Bank, One of the Largest Financial Institutions
Although the bank is a smaller bank than its rivals, it provides a range of financial products. In addition to mortgages, it also offers an extensive range of home loans. The interest rates on these personal loans are high, so you may not be looking for a low-interest rate loan. In addition to these negatives, Auswide Bank may also charge early exit penalty fees. And the bank may impose additional fees if you decide to pay off the loan early.
The bank’s low establishment fees are one of the most appealing features. Its low monthly service fee and low interest rates make it an attractive option for those who are considering an Australian bank. However, the bank may not be the best choice for everyone. Its fast growth may cause big fluctuations in the number of customers. While it has a low minimum deposit, you can still avail of special offers, including special interest rates for a limited time.
The company also offers a variety of home loans. You can choose from unsecured loans, secured loans and third-party alliance mortgages. The Auswide Bank formerly Wide Bay Building Society provides home loans up to $75,000, and has offices in Brisbane and Bundaberg. Besides the main office in Brisbane, the company has branches in the United Kingdom and Australia. The bank’s corporate headquarters is in the city of Bundaberg. Its retail banking division offers services to personal customers, while its business banking division caters to small-to-medium enterprises. In addition, the third-party alliances division delivers financial services through accredited mortgage brokers.
The rebranding process was collaborative and highly effective. The General Manager of Marketing & Products of the bank provided valuable feedback on the project and the deliverables from Itag Media. The final guidelines were flexible and provided a clear framework for all the parties to work from. There are many benefits of this approach. The rebranding process has been highly successful and the overall customer experience is high. Applicants will be notified of the results within two business days.
In addition to offering a diverse range of financial products and services, the bank is also owned by the Australia and New Zealand Banking Group. The group operates in 34 markets. It is the largest privately-owned bank in the country. It has the most branches in Sydney and Brisbane. It is the largest of its type in the country. Its branches are located throughout Australia and New Zealand. The company’s headquarters are in Melbourne.