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Beyond Bank Australia
Beyond Bank is an Australian customer-owned bank operating in South Australia, Victoria, the Australian Capital Territory, Western Australia and New South Wales. It provides financial services to its members including savings and business accounts, term deposits, loans, insurance and financial planning, and has total assets under management of more than $5 billion. It is a certified B Corp. History * In March 2006, Community CPS Australia Ltd was formed in a merger between the Commonwealth Public Servants Credit Unions - CPS Credit Union (SA) Ltd and CPS Credit Union Co-operative (ACT) Ltd. * In November 2008, Western Australian based United Credit Union Ltd and Westax merged with Community CPS and carried on business under the name United Community. * In May 2009 the Polish Community Credit Union also merged with Community CPS. * In January 2010 Hunter Region-based Companion Credit Union merged with Community CPS. * In June 2011 Wagga Mutual Credit Union, based in the R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companion Credit Union
Companion Credit Union was an Australian credit union that operated between 1975 and 2010, and became part of Beyond Bank Australia. History In 1974 a group of Hunter Valley coal miners began talks with the credit union league in Sydney, who approved the commencement of a new credit union. On 6 January 1975 the Northern Mineworkers Credit Union opened its doors for the first time. Originally the first office was a backroom at the Northern United Mineworkers Federation headquarters in Newcastle. In 1988 the credit union changed its name from the Northern Mineworkers Credit Union to Companion Credit Union and opened its doors to the general public, so that anyone could be a member. In 2009, credit union members voted to merge with Community CPS Australia and the merger took effect on 1 January 2010. On 1 August 2013 it became a mutual savings bank called Beyond Bank Australia Beyond Bank is an Australian customer-owned bank operating in South Australia, Victoria, the Aust ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mutual Savings Banks
Mutual may refer to: *Mutual organization, where as customers derive a right to profits and votes *Mutual information, the intersection of multiple information sets *Mutual insurance, where policyholders have certain "ownership" rights in the organization *Mutual fund, a professionally managed form of collective investments *Mutual Film, early American motion picture conglomerate, the producers of some of Charlie Chaplin's greatest comedies *Mutual Base Ball Club (1857-1871), defunct early baseball team usually referred to as "Mutual" in the standings. *Mutual Broadcasting System, a defunct U.S. radio network * Mutual Improvement Association, the name of two youth programs run by the Church of Jesus Christ of Latter-day Saints *Mutual authentication, used in cryptography *"Mutual", a 2018 song by Shawn Mendes from ''Shawn Mendes'' ;Place names *Mutual, Maryland, a community in the United States *Mutual, Ohio, a village in the United States * Mutual, Oklahoma, a town in the United S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Adelaide
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artific ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 2013
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Australia
Banking in Australia is dominated by four major banks: Commonwealth Bank, Westpac, Australia & New Zealand Banking Group and National Australia Bank. There are several smaller banks with a presence throughout the country, and a large number of other financial institutions, such as credit unions, building societies and mutual banks, which provide limited banking-type services and are described as authorised deposit-taking institutions (ADIs). Many large foreign banks have a presence, but few have a retail banking presence. The central bank is the Reserve Bank of Australia (RBA). The Australian government’s Financial Claims Scheme (FCS) guarantees deposits up to $250,000 per account-holder per ADI in the event of the ADI failing. Banks require a bank licence under the ''Banking Act 1959''. Foreign banks require a licence to operate through a branch in Australia, as do Australian-incorporated foreign bank subsidiaries. Complying religious charitable development funds (RCDFs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In Australia
Banking in Australia is dominated by four major banks: Commonwealth Bank, Westpac, Australia & New Zealand Banking Group and National Australia Bank. There are several smaller banks with a presence throughout the country, and a large number of other financial institutions, such as credit unions, building societies and mutual banks, which provide limited banking-type services and are described as authorised deposit-taking institutions (ADIs). Many large foreign banks have a presence, but few have a retail banking presence. The central bank is the Reserve Bank of Australia (RBA). The Australian government’s Financial Claims Scheme (FCS) guarantees deposits up to $250,000 per account-holder per ADI in the event of the ADI failing. Banks require a bank licence under the ''Banking Act 1959''. Foreign banks require a licence to operate through a branch in Australia, as do Australian-incorporated foreign bank subsidiaries. Complying religious charitable development funds (RCDFs) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norwood, South Australia
Norwood is a suburb of Adelaide, about east of the Adelaide city centre. The suburb is in the City of Norwood Payneham & St Peters, whose predecessor was the oldest South Australian local government municipality. History Before British colonisation of South Australia and subsequent European settlement, Norwood was inhabited by one of the groups who later collectively became known as the Kaurna peoples. Early settler Edward Stephens, who arrived in the colony in 1839, wrote: "Norwood and Kent Town were unknown then. The site of the present Norwood was then a magnificent gum forest, with an undergrowth of kangaroo grass, too high in places for a man to see over; in fact persons lost their way in going from Adelaide to Kensington in those days, through attempting a short or near cut across the country". Norwood is named after Norwood, then a village south of London. The new village east of Adelaide was first laid out in 1847. The former City of Kensington and Norwood was the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warrnambool
Warrnambool ( Maar: ''Peetoop'' or ''Wheringkernitch'' or ''Warrnambool'') is a city on the south-western coast of Victoria, Australia. At the 2021 census, Warrnambool had a population of 35,743. Situated on the Princes Highway, Warrnambool (Allansford) marks the western end of the Great Ocean Road and the southern end of the Hopkins Highway. History Origin of name The name "Warrnambool" originated from Mount Warrnambool, a scoria cone volcano 25 kilometres northeast of the town. Warrnambool (or Warrnoobul) was the title of both the volcano and the clan of Aboriginal Australian people who lived there. In the local language, the prefix Warnn- designated home or hut, while the meaning of the suffix -ambool is now unknown. William Fowler Pickering, the colonial government surveyor who in 1845 was tasked with the initial planning of the township, chose to name the town Warrnambool. The traditional Indigenous owners of the land today are the Dhauwurd Wurrung people, also known ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ExxonMobil Australia
ExxonMobil Australia (formerly Esso Australia) is an Australian affiliate of ExxonMobil, the U.S.-based oil giant. It operates a number of oil and gas platforms in Bass Strait, south east of Melbourne, Australia, as well as a gas processing facility at Longford and Long Island Point (LIP) in Hastings. ExxonMobil Australia operates retail petrol operations under the Mobil brand. Prior to the merger of Exxon and Mobil in 1999, Esso Australia also previously operated retail petrol operations for 63 years until 1990, when its stations were acquired by Mobil. History Between 1933 and 1962 Esso was owned by Stanvac or Standard Oil. The trademark for Esso was first registered in 1937. After 1962 Esso's Australian operations were known as Esso Standard Oil (Australia) Pty Ltd. On 25 September 1998, the Esso Longford gas explosion killed two and injured eight others. As Victoria's largest supplier of natural gas the aftermath was considerable with hundreds of thousands of homes aff ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Griffith, New South Wales
Griffith is a major regional city in the Murrumbidgee Irrigation Area that is located in the north-western part of the Riverina region of New South Wales, known commonly as the food bowl of Australia. It is also the seat of the City of Griffith local government area. Like the Australian capital, Canberra, and extensions to the nearby town of Leeton, Griffith was designed by Walter Burley Griffin and Marion Mahony Griffin. Griffith was named after Arthur Hill Griffith, the then New South Wales Secretary for Public Works. Griffith was proclaimed a city in 1987, and had a population of 20,251 Estimated resident population, 30 June 2018. in June 2018. It can be accessed by road from Sydney and Canberra via the Hume Highway and the Burley Griffin Way and from Melbourne, via the Newell Highway and either by using the Kidman Way or the Irrigation Way. Griffith can be accessed from other places like Adelaide, Orange, and Bathurst through the Mid-Western Highway and the Rankins Spr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mutual Savings Bank
A mutual savings bank is a financial institution chartered by a central or regional government, without capital stock, owned by its members who subscribe to a common fund. From this fund, claims, loans, etc., are paid. Profits after deductions are shared among the members. The institution is intended to provide a safe place for individual members to save and to invest those savings in mortgages, loans, stocks, bonds and other securities and to share in any profits or losses that result. History The institution most frequently identified as the first modern savings bank was the " Savings and Friendly Society" organized in 1810 by Rev. Henry Duncan of the Ruthwell Presbyterian Church in Dumfriesshire, Scotland. Duncan established a friendly society to create a cooperative depository institution in order to enable his poorest parishioners to hold savings accounts accruing interest for sickness and old-age. Another precursor of modern savings banks were the ideas of Friedrich Wil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
