About Auswide Bank Ltd

Auswide Bank Ltd engages in the provision of various personal and business banking products and services in Australia. The principal activities of the company are confined to the raising of funds and the provision of finance for housing, consumer lending and business banking. The company is an approved deposit-taking institution and licensed credit and financial services provider. The company provides deposit, credit and banking services to personal and business customers across Australia, principally in Queensland, Sydney and Melbourne. The majority of the company's loan book consists of residential mortgage loans. The company also offers personal loans and credit cards although these portfolios are not a material part of the loan book. The company has a diversified branch network consisting of branches across Queensland, including a business centre in Brisbane. In addition, the company's Business Development Managers located in Sydney and Melbourne assist to conduct interstate business. The company offers call deposits, term deposits, negotiable certificates of deposit (NCDs), and floating rate notes (FRNs). The company offers mortgage lending, personal lending, and commercial lending. History The company was founded in 1966. The company was incorporated in 1979. The company was formerly known as Wide Bay Australia Ltd and changed its name to Auswide Bank Ltd in 2015.