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IMB Bank is pleased to confirm that APRA has approved the total transfer of business of Sutherland Credit Union Limited (The Shire…Local Banking) to IMB Bank.

The transfer will take place on 1 July 2016, at which time all members of The Shire…Local Banking will become members of IMB Bank.

As previously foreshadowed, in order to facilitate a smooth transition, there will be no change to either IMB Bank’s or The Shire… Local Banking’s members’ current banking arrangements until the two separate banking systems are integrated in the medium term. Further communications with all members will occur over the course of the merger integration process.

An overview of the merged organisation is shown below:
 

Branches  

48

Members

190,000

Employees  

547

Assets

$5.4 Billion

 

14 June 2016

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Why choose IMB Bank?

Established in 1880, IMB has been helping people achieve their financial goals for 138 years. IMB offers a full range of banking solutions including home and personal lending, savings and transaction accounts, term deposits, business banking, financial planning and can arrange a wide range of insurance and travel products.

IMB has a growing branch network throughout the Illawarra, Sydney, NSW South Coast, the ACT and Melbourne. We have a lending specialist in every branch and a team of mobile lending specialists who will come to you. IMB members enjoy access to free automated phone and internet banking and a team of professionals who are just a phone call away at our locally based call centre.

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