Newcastle Permanent

{{Short description|Australian financial institution}}

{{COI|date=April 2020}}

{{Use dmy dates|date=September 2022}}

{{Infobox company

| name = Newcastle Permanent

| logo =

| type = Private

| foundation = 2 February 1903 (as Newcastle District Starr-Bowkett Society)
1939 (as Newcastle Cooperative Building and Investment Society Limited)[http://www.newcastlepermanent.com.au/Header/Aboutus/Whoweare/OurHistory/tabid/200/Default.aspx Newcastle Permanent website: Our History]

| location = Newcastle, New South Wales

| location_country = Australia

| locations =

| key_people =

| industry = Banking and financial services

| products = Retail Banking

| net_income =

| assets = AUD $10.7 billion (2019){{cite web |url=https://www.newcastlepermanent.com.au/-/media/files/annual-reports-and-corporate-docs/newcastlepermanent_annualreport_2019.pdf

|title=Newcastle Permanent Annual Report 2019

|website=nnewcastlepermanent.com.au

|access-date=13 Sep 2024}}

| homepage = {{URL|http://www.newcastlepermanent.com.au/}}

}}

Newcastle Permanent was an Australian building society, and is now a brand of Newcastle Greater Mutual Group,{{Cite web |title=Notice of our merger |url=https://www.greater.com.au/about-us/news/2023/03/notice-of-our-merger/ |access-date=2023-03-18 |website=www.greater.com.au |date=March 2023 |language=en}} as a result of a merger with Greater Bank.{{Cite news|first=Matthew|last=Kelly|date=2022-09-27 |title=Members have their say on Newcastle Perm - Greater Bank merger |url=https://www.newcastleherald.com.au/story/7919828/members-have-their-say-on-newcastle-perm-greater-bank-merger/ |access-date=2022-09-29 |website=Newcastle Herald |language=en-AU|url-access=limited}}

Its head office is located in Newcastle, New South Wales, Australia.

History

  • 1903 – Founded as a Starr-Bowkett Society in the Newcastle suburb of Wickham on 2 February 1903
  • 1939 – Newcastle Permanent Building Society was established
  • 1966 – First branch was opened to customers
  • 1970 – Introduced its famous ‘house’ logo
  • 1983 – Relocation of office headquarters to King St, Newcastle
  • 1984 – Installation of Newcastle Permanent's first ATM
  • 2001 – Internet banking was launched for Newcastle Permanent customers
  • 2004 – The Charitable Foundation distributed its first grant
  • 2018 – Celebrated 115 years of banking.
  • 2023 – Merged with Greater Bank

In November 2022, Newcastle Permanent's members voted to merge the society with Greater Bank, to take effect in March 2023, provided regulatory approval.{{Cite web |date=2022-11-02 |first=Ian|last=Kirkwood|title=What the Greater Bank and Newcastle Permanent merger means for banking with the big four |url=https://www.newcastleherald.com.au/story/7966386/what-the-greater-bank-and-newcastle-permanent-merger-means-for-banking-with-the-big-four/ |access-date=2022-11-08 |website=Newcastle Herald |language=en-AU}} Both brands were planned to continue.

References

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