Regional Australia Bank is a member-owned bank that is committed to helping regional Australians achieve their lifestyle goals. With roots in regional NSW and members throughout the country, the bank has grown to be a premier banking alternative. Unlike the ‘retail’ approach many competing institutions take, the bank continues to add value to its members by recognising everyone’s circumstances are different and thereby providing personalised financial solutions.
The bank’s humble beginnings started with New England Staff Credit Union at The University of New England in 1969. Following mergers with Peel Valley Credit Union (2004), Orana Credit Union (2008) and Hunter Mutual (2010), it became New England Mutual, Orana Mutual and Hunter Mutual in the relevant geographical areas, which fell under the overarching brand of the Community Mutual Group. In 2016, the bank finally changed its name to Regional Australia Bank to better reflect its identity and the commitment it has to the prosperity of the individuals and communities in regional Australia.
You can visit any of Regional Australia Bank’s 27 branches in NSW: Cobar, Trangie, Narromine, Dubbo, Coonabarabran, Mungindi, Merriwa, Moree, Werris Creek, Quirindi, Barraba, Manilla, Murrurundi, Denman, Tamworth, Bingara, Scone Shopping Centre, Muswellbrook, Warialda, Singleton, Inverell, Uralla, Walcha, Armidale, Guyra, Glen Innes, and Tenterfield.
Aside from these branches, you can also call the bank’s customer service centre, get in touch via email or access your account facilities through internet banking and the Regional Australia Bank mobile app.
Regional Australia Bank offers a wide range of products including home loans, personal loans, business loans, credit and debit cards, various types of accounts, and insurance products. Its flexible home loan products include basic home loan, fixed home loan, mortgage offset home loan, and a lot more.
To apply for a home loan with Regional Australia Bank, you will need to become a member first by applying at your local branch. When you visit your local branch, it is good to have a few details on hand to make the process as smooth and easy as possible, including:
- Your personal contact details
- Details about your current financial situation, which can include savings, assets such as property or investments, debts, and living expenses
- Your employment and income details including recent payslips
- Photo ID
Depending on the type of loan you apply for, you can receive approval in as little as 48 hours. But before you commit to a home loan application, it is advisable that you think thoroughly about how much you can afford to borrow based on your income and outgoings.