Beyond Bank Australia

Community CPS Australia Ltd
Beyond Bank Australia
Bank
Industry Banking
Headquarters South Australia, the Australian Capital Territory, Western Australia and New South Wales, Australia
Products Retail banking
Members 202,001
Number of employees
 600
Website beyondbank.com.au/

Beyond Bank is an Australian customer-owned financial institution based in South Australia, 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 $4 billion. Beyond Bank is a certified B Corp.

Beyond Bank Australia was formerly a credit union called Community CPS Australia and became a mutual bank on 1 August 2013. The legal name is still Community CPS Australia Ltd but trading as Beyond Bank Australia.[1]

Beyond Bank is a naming rights sponsor for the Adelaide Credit Union Christmas Pageant.[2]

History

Beyond Bank Australia was formerly Community CPS Australia Ltd (Community CPS) which was formed as a result of a merger between the Commonwealth Public Servants Credit Unions - CPS Credit Union (SA) Ltd and CPS Credit Union Co-operative (ACT) Ltd in March 2006.

In November 2008 Western Australian based United Credit Union Ltd (United) and Westax merged with Community CPS and carried on business in Western Australia under the registered business 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 (Companion), established in 1975, merged with Community CPS and continued to trade as Companion Credit Union.

In June 2011 Wagga Mutual Credit Union based in the Riverina NSW, merged with Community CPS Australia and continued to trade as Wagga Mutual Credit Union.

In 2012 Community CPS was named Money Magazine's[3] Credit Union of the Year 2012 and awarded the 2012 Mozo[4] People’s Choice Award for Best Credit Union.

In August 2013 Community CPS became a mutual bank called Beyond Bank Australia.

In April 2016 Country First Credit Union based in Griffith NSW merged with Beyond Bank Australia.

In May 2016 Beyond Bank Australia acquired Universal Financial Planning in the Hunter region.

In June 2016 Beyond Bank Australia became a certified B Corp.

In February 2018 My Credit Union based in NSW merged with Beyond Bank Australia.

Subsidiaries

Beyond Bank Australia Wealth Management

Financial planning services are provided by Eastwoods Wealth Management Pty Ltd ABN 17 008 167 002 / AFSL 237853 trading as Beyond Bank Australia Wealth Management. Eastwoods Wealth Management Pty Ltd is a subsidiary of Community CPS Australia Ltd ABN 15 087 651 143 / AFSL 237 856 trading as Beyond Bank Australia.

See also

References

  1. ↑ "About Us | Find out more about Beyond Bank Australia| Beyond Bank". www.beyondbank.com.au. Retrieved 2016-11-06.
  2. ↑ "Pageant Partners". Credit Union Christmas Pageant. Archived from the original on 11 August 2013.
  3. ↑ Money Magazine's Archived 28 October 2013 at the Wayback Machine.
  4. ↑ Mozo
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