Qudos Bank
Qudos Bank (a trading name of Qudos Mutual Limited) is an Australian mutual bank providing a variety of financial services including home loans, personal loans, car loans, credit cards, savings, financial planning assistance and foreign exchange products and services to their Members.
Qudos Bank is an unlisted public company, owned by its Members and their elected 10 board members. They operate 11 branches across Australia.
At its 56th Annual General Meeting, Members voted in favour to change its legal name to ‘Qudos Mutual Limited’ enabling it to apply to the Australian Prudential and Regulation Authority (APRA) for consent to trade as ‘Qudos Bank’. 79.98% of the Members who voted, voting yes (75% was needed for the vote to pass).
History
In 1959, Qantas Credit Union was formed by a group of Qantas employees who pooled their funds together and created Qantas Staff Credit Union.
In 2014, the organisation obtained the naming rights to the former Allphones arena, located at Sydney Olympic Park.
On April 2 2016, Qudos Bank was created.
Products and Services
Qudos Bank provides a variety of financial banking products and services including most major types of loans, credit cards, and several types of savings accounts, as well as financial planning, general insurance, and foreign currency.
Awards
- Canstar Outstanding Value for Step Ahead Home Loan
- 2008-2009 Money Magazine Award for Service above the Banks
- 2011 Mozo People’s Choice Awards 3rd in Best Credit Union Award category
- 2013 Money Magazines Best Short Term Deposit Award Non-Bank