250:
353:
339:
367:
296:
Despite the new ownership, The Rock
Building Society retained its original name until its branches were rebranded in 2018 to MyState Bank. The Rock's regional executive manager Peter Fraser assured customers that despite the name change there would be no negatives associated with the rebrand such
319:
mayor, Margaret
Strelow who said she was "disgusted" by the decision and that she and her husband would be withdrawing their money from MyState Bank in protest. Strelow said it was "a timely reminder of the arrogance which we are treated when our businesses are taken over by large entities".
245:
In 2007 the members of
Tasmania's two largest credit unions agreed to a merger, creating MyState Credit Union out of Island State Credit Union and Connect Credit Union. In 2009 MyState Credit Union merged with Tasmanian Perpetual Trustees, demutualising at the same time to list on the ASX.
195:. It formed in 2009 following the merger of the Tasmanian Perpetual Trustees and MyState Financial. In 2011 it further purchased the Queensland-based Rock Building Society for $ 68.3 million AUD. In October 2014, its largest section, MyState Financial received authorisation from the
1346:
308:
losing their jobs. MyState bank claimed the decision was made due to the declining number of customers who visited branches in person, as well as the decrease in the use of cash during the
469:
239:, which was created from the merging of two credit unions, the Teachers, Police and Nurses Credit Union and Savings & Loans (Credit Union Cooperartive).
300:
However, less than two years later, MyState announced all remaining
Central Queensland branches of MyState Bank would close, with 26 staff in Rockhampton,
242:
Connect Credit Union attempted to demutualise in 2003 but failed when just 13,000 of its members voted, unable to reach a quorum of 75% of members voting.
1300:
1305:
863:
53:
808:
799:
727:
1310:
196:
553:
701:
630:
444:
1131:
1398:
1168:
1393:
856:
579:
418:
1151:
764:
309:
269:
in 1967. Following the merger, MyState closed multiple branches of The Rock throughout the region including in
42:
1367:
849:
789:
316:
1408:
1357:
1320:
1315:
1267:
1403:
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1026:
652:
390:
818:
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784:
774:
1173:
937:
905:
751:
129:
674:
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813:
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524:
211:
MyState Bank (including The Rock – A division of MyState Bank, and the MyState
Foundation)
1325:
1076:
301:
254:
1362:
1178:
1086:
1031:
872:
732:
380:
470:"MyState posts 3.9% rise in profit to $ 29.6 million, increases dividend to 14.5c a share"
8:
1332:
1236:
1101:
1048:
794:
270:
1272:
1009:
605:
262:
261:
In 2011, MyState purchased The Rock
Building Society which had been established in the
779:
1141:
925:
282:
249:
1056:
372:
344:
152:
1292:
1277:
1091:
1004:
803:
59:
1231:
1061:
976:
964:
327:, another Queensland based regional bank similar to The Rock Building Society
46:
1387:
1241:
1226:
1146:
1111:
1038:
385:
134:
1.007 billion (MyState
Financial), 931 million (Tasmanian Perpetual Trustees)
112:
Deposit banking, insurance, private and commercial lending, wealth management
36:
765:
https://www.bankingday.com/mystate-auswide-do-the-decent-thing-in-dire-times
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994:
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118:
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In August 2024 it was announced that MyState had saught to merge with
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959:
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1201:
942:
445:"Boss of new Tas bank MyState disappointed by latest results"
140:
831:
104:
Miles
Hampton (Chairman), Brett Morgan (Managing Director)
677:. Australian Broadcasting Corporation. 20 February 2009
633:. Australian Broadcasting Corporation. 30 October 2003
447:. Australian Broadcasting Corporation. 16 October 2014
728:
Bank's shock plan to close four CQ branches, cut jobs
334:
187:
is an
Australian financial group, headquartered in
554:"Tasmania's MyState snaps up Rock Building Society"
655:. Australian Broadcasting Corporation. 10 May 2007
1385:
1306:Australian Competition & Consumer Commission
1301:Australian Securities and Investments Commission
631:"Connect Credit Union demutualisation rejected"
857:
1311:Australian Prudential Regulation Authority
864:
850:
702:The Rock set to get stronger with new name
696:
694:
692:
197:Australian Prudential Regulation Authority
178:MyState Bank, Tasmanian Perpetual Trustees
580:"MyState Financial becoming MyState Bank"
871:
722:
720:
718:
716:
714:
315:The decision drew strong criticism from
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689:
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845:
711:
464:
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419:"Company info: MYSTATE LIMITED (MYS)"
413:
411:
496:"Performance Highlights 2011 - 2012"
297:as branch closures or staff losses.
525:"Regulatory Capital Reconciliation"
13:
459:
408:
199:to rename itself to MyState Bank.
14:
1420:
825:
745:Shannon, Louise (25 August 2017)
726:Jarrett, Vanessa (7 August 2020)
365:
351:
337:
758:
739:
667:
645:
623:
598:
572:
546:
517:
488:
437:
1:
1368:Financial system in Australia
755:. Retrieved 9 September 2020.
736:. Retrieved 9 September 2020.
708:. Retrieved 9 September 2020.
401:
207:MyState Limited consists of
317:Rockhampton Regional Council
214:Tasmanian Perpetual Trustees
202:
7:
1358:Category:Banks of Australia
1321:Australian Payments Network
1316:Australian Payments Council
1027:Bendigo & Adelaide Bank
809:Focus of a co-op case study
330:
10:
1425:
1399:Credit unions of Australia
1373:List of banks in Australia
1347:Royal Commission 2017–2019
391:List of banks in Australia
218:
1394:Companies based in Hobart
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1341:
1291:
1255:
1214:
1187:
1047:
975:
904:
897:
889:Reserve Bank of Australia
879:
785:Tasmanian Times on merger
223:MyState was founded as a
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162:
150:
138:
128:
116:
108:
98:
94:Tasmania & Queensland
88:
74:
66:
52:
34:
26:
653:"Credit Unions to merge"
396:List of banks in Oceania
1174:Regional Australia Bank
938:National Australia Bank
752:Central Queensland News
253:MyState Bank branch at
606:"Connect Credit Union"
258:
1326:New Payments Platform
1077:Beyond Bank Australia
747:Bank closures outrage
675:"StateLine - Mergers"
558:Sydney Morning Herald
532:mystatelimited.com.au
503:mystatelimited.com.au
255:Stockland Rockhampton
252:
1363:Economy of Australia
1179:Teachers Mutual Bank
1087:Community First Bank
873:Banking in Australia
790:Tasmanian Government
733:The Morning Bulletin
706:The Morning Bulletin
610:www.theaufinance.com
381:Banking in Australia
237:Connect Credit Union
1333:Four pillars policy
1132:Newcastle Permanent
1102:Great Southern Bank
700:(13 November 2018)
164:Number of employees
23:
1409:Banks of Australia
1273:La Trobe Financial
1010:Bank of Queensland
263:Central Queensland
259:
21:
16:Banks of Australia
1404:Banks of Tasmania
1381:
1380:
1210:
1209:
1142:People First Bank
955:Bank of Melbourne
926:Commonwealth Bank
837:Corporate Website
534:. MyState Limited
505:. MyState Limited
310:COVID-19 pandemic
182:
181:
1416:
1256:Non-bank lenders
1057:Australian Unity
902:
901:
866:
859:
852:
843:
842:
832:Official Website
800:Sunday Tasmanian
767:
762:
756:
743:
737:
724:
709:
698:
687:
686:
684:
682:
671:
665:
664:
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643:
642:
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627:
621:
620:
618:
616:
602:
596:
595:
593:
591:
586:. 6 October 2014
576:
570:
569:
567:
565:
560:. 31 August 2011
550:
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543:
541:
539:
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521:
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476:. 22 August 2014
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457:
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435:
434:
432:
430:
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375:
373:Companies portal
370:
369:
368:
361:
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355:
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345:Australia portal
342:
341:
340:
155:
143:
79:Hobart, Tasmania
62:
24:
20:
1424:
1423:
1419:
1418:
1417:
1415:
1414:
1413:
1384:
1383:
1382:
1377:
1349:
1337:
1287:
1278:Mortgage Choice
1251:
1206:
1183:
1152:People's Choice
1092:Credit Union SA
1043:
971:
893:
875:
870:
828:
771:
770:
763:
759:
744:
740:
725:
712:
699:
690:
680:
678:
673:
672:
668:
658:
656:
651:
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634:
629:
628:
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614:
612:
604:
603:
599:
589:
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578:
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573:
563:
561:
552:
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527:
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477:
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460:
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448:
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438:
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417:
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409:
404:
371:
366:
364:
357:
352:
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343:
338:
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235:under the name
221:
205:
185:MyState Limited
165:
151:
139:
121:
101:
91:
84:
80:
58:
39:
22:MyState Limited
17:
12:
11:
5:
1422:
1412:
1411:
1406:
1401:
1396:
1379:
1378:
1376:
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1370:
1365:
1360:
1354:
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1350:
1345:
1343:
1339:
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1329:
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1318:
1313:
1308:
1303:
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1275:
1270:
1265:
1259:
1257:
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1244:
1239:
1234:
1232:Bank of Beirut
1229:
1224:
1218:
1216:
1212:
1211:
1208:
1207:
1205:
1204:
1199:
1193:
1191:
1185:
1184:
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1181:
1176:
1171:
1166:
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1156:
1155:
1154:
1149:
1139:
1134:
1129:
1124:
1119:
1114:
1109:
1104:
1099:
1094:
1089:
1084:
1079:
1074:
1069:
1064:
1062:Bank Australia
1059:
1053:
1051:
1045:
1044:
1042:
1041:
1036:
1035:
1034:
1024:
1023:
1022:
1017:
1007:
1005:Macquarie Bank
1002:
997:
992:
987:
981:
979:
973:
972:
970:
969:
968:
967:
965:St George Bank
962:
957:
947:
946:
945:
935:
934:
933:
923:
922:
921:
910:
908:
899:
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861:
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827:
826:External links
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792:
787:
782:
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775:ABC news story
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768:
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710:
688:
666:
644:
622:
597:
571:
545:
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436:
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257:in August 2020
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146:6542.5 million
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1227:Bank of China
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1215:Foreign banks
1213:
1203:
1200:
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1177:
1175:
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1147:Heritage Bank
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1128:
1125:
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1120:
1118:
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1112:Heritage Bank
1110:
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1080:
1078:
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1068:
1065:
1063:
1060:
1058:
1055:
1054:
1052:
1050:
1046:
1040:
1039:Tyro Payments
1037:
1033:
1030:
1029:
1028:
1025:
1021:
1018:
1016:
1013:
1012:
1011:
1008:
1006:
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1001:
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996:
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991:
988:
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911:
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907:
903:
900:
896:
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887:
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855:
853:
848:
847:
844:
838:
835:
833:
830:
829:
820:
817:
815:
814:ABC Stateline
812:
810:
807:
805:
801:
798:
796:
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791:
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786:
783:
781:
778:
776:
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772:
766:
761:
754:
753:
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742:
735:
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729:
723:
721:
719:
717:
715:
707:
703:
697:
695:
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670:
654:
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632:
626:
611:
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465:
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389:
387:
386:List of banks
384:
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25:
19:
1283:Pepper Money
1137:P&N Bank
1107:Greater Bank
1049:Member-owned
1020:Virgin Money
995:Auswide Bank
977:Other retail
919:Suncorp Bank
881:Central bank
760:
750:
741:
731:
705:
679:. Retrieved
669:
657:. Retrieved
647:
635:. Retrieved
625:
613:. Retrieved
609:
600:
588:. Retrieved
584:The Advocate
583:
574:
562:. Retrieved
557:
548:
536:. Retrieved
531:
519:
507:. Retrieved
502:
490:
478:. Retrieved
473:
449:. Retrieved
439:
427:. Retrieved
422:
359:Banks portal
325:Auswide Bank
322:
314:
299:
295:
279:Mount Morgan
260:
244:
241:
236:
225:Credit Union
222:
206:
184:
183:
174:Subsidiaries
153:Total equity
141:Total assets
124:29.6 million
75:Headquarters
60:AU000000MYS0
27:Company type
18:
1159:Police Bank
1082:Cairns Bank
898:Local banks
474:The Mercury
267:Rockhampton
158:265 million
90:Area served
1388:Categories
1293:Regulators
1164:Qudos Bank
1067:Bank First
681:7 December
659:7 December
637:7 December
590:7 December
564:7 December
538:19 January
509:19 January
480:7 December
451:7 December
429:7 December
423:asx.com.au
402:References
119:Net income
100:Key people
1342:Inquiries
1222:Arab Bank
1197:Volt Bank
1169:RACQ Bank
1117:Hume Bank
1000:Judo Bank
985:Alex Bank
302:Gladstone
233:Australia
203:Companies
83:Australia
37:Traded as
1268:Latitude
1247:Rabobank
931:Bankwest
906:Big Four
804:Examiner
615:12 April
331:See also
291:Baralaba
287:Emu Park
265:city of
229:Tasmania
193:Tasmania
109:Services
67:Industry
1189:Defunct
1127:MyState
1072:BankVic
1015:ME Bank
950:Westpac
306:Yeppoon
275:Biloela
271:Emerald
219:History
70:Finance
45::
1263:Aussie
1097:Cuscal
960:BankSA
189:Hobart
30:Public
1202:Xinja
943:UBank
819:ZDNet
528:(PDF)
499:(PDF)
425:. ASX
283:Moura
1237:HSBC
683:2014
661:2014
639:2014
617:2017
592:2014
566:2014
540:2015
511:2015
482:2014
453:2014
431:2014
304:and
289:and
54:ISIN
1242:ING
1122:IMB
990:AMP
914:ANZ
795:ABC
780:ABC
227:in
168:400
130:AUM
47:MYS
43:ASX
1390::
1032:Up
749:,
730:,
713:^
704:,
691:^
608:.
582:.
556:.
530:.
501:.
472:.
461:^
421:.
410:^
312:.
293:.
285:,
281:,
277:,
273:,
231:,
191:,
81:,
865:e
858:t
851:v
821:.
802:*
685:.
663:.
641:.
619:.
594:.
568:.
542:.
513:.
484:.
455:.
433:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
