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RediATM
The rediATM network was an Australian ATM network originally operated and owned by Cuscal. On 14 August 2019, Cuscal sold the network to the Armaguard Group who subsequently closed the network by merging with their atmx network. History * 1982 – RediTeller ATM network launched to support Australian credit unions * 2008 – Cuscal and its partners began rebranding RediTeller ATMs to rediATM * 2009 – National Australia Bank joins the rediATM network, combining NAB's network of 1,700 ATMs with Cuscal's network of 1,400 ATMsPress release, 15 July 2009Expanded rediATM network/ref> * 2010 – Bank of Queensland joins the rediATM network * 2017 – Suncorp Bank Suncorp Bank is a part of the Suncorp Group, with head offices in Brisbane, Australia. From its beginnings in 1902 as the Queensland Agricultural Bank, Suncorp Bank has grown into the sixth largest bank in Australia. History The information i ... joins rediATM network * 2018 – National Australia Bank announces i ...
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RediATM Logo
The rediATM network was an Australian ATM network originally operated and owned by Cuscal. On 14 August 2019, Cuscal sold the network to the Armaguard Group who subsequently closed the network by merging with their atmx network. History * 1982 – RediTeller ATM network launched to support Australian credit unions * 2008 – Cuscal and its partners began rebranding RediTeller ATMs to rediATM * 2009 – National Australia Bank joins the rediATM network, combining NAB's network of 1,700 ATMs with Cuscal's network of 1,400 ATMsPress release, 15 July 2009Expanded rediATM network/ref> * 2010 – Bank of Queensland joins the rediATM network * 2017 – Suncorp Bank Suncorp Bank is a part of the Suncorp Group, with head offices in Brisbane, Australia. From its beginnings in 1902 as the Queensland Agricultural Bank, Suncorp Bank has grown into the sixth largest bank in Australia. History The information i ... joins rediATM network * 2018 – National Australia Bank announces i ...
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Bank Of Queensland
The Bank of Queensland (branded BOQ) is an Australian retail bank with headquarters in Brisbane, Queensland. The bank is one of the oldest financial institutions in Queensland, having begun as a building society. It now has 163 branches throughout Australia, including 53 corporate branches and 103 "owner managed" branches. In 2021, customer satisfaction with BOQ was rated at 82.9% by Roy Morgan Research. In 2007 customer satisfaction levels were placed at 88%. The bank does not currently have any board directors who are based in Queensland. History A Bank of Queensland was established in 1863. It collapsed in 1866 closing its doors in the severe financial depression known as the Panic of 1866. Another bank took the same name in 1917 but disappeared into the National Bank in 1922. The current Bank of Queensland was established in 1874 as The Brisbane Permanent Benefit Building and Investment Society. It was incorporated in 1887. It amalgamated with City and Suburban Buildin ...
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Banking In Australia
Banking in Australia is dominated by four major banks: Commonwealth Bank, Westpac, Australia & New Zealand Banking Group and National Australia Bank. There are several smaller banks with a presence throughout the country, and a large number of other financial institutions, such as credit unions, building societies and mutual banks, which provide limited banking-type services and are described as authorised deposit-taking institutions (ADIs). Many large foreign banks have a presence, but few have a retail banking presence. The central bank is the Reserve Bank of Australia (RBA). The Australian government’s Financial Claims Scheme (FCS) guarantees deposits up to $250,000 per account-holder per ADI in the event of the ADI failing. Banks require a bank licence under the ''Banking Act 1959''. Foreign banks require a licence to operate through a branch in Australia, as do Australian-incorporated foreign bank subsidiaries. Complying religious charitable development funds (RCDFs) ...
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Automated Teller Machine
An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff. ATMs are known by a variety of names, including automatic teller machine (ATM) in the United States (sometimes redundantly as "ATM machine"). In Canada, the term ''automated banking machine'' (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM over ABM. In British English, the terms ''cashpoint'', ''cash machine'' and ''hole in the wall'' are most widely used. Other terms include ''any time money'', ''cashline'', ''tyme machine'', ''cash dispenser'', ''cash corner'', ''bankomat'', or ''bancomat''. ATMs that are not operated by a financial i ...
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Cuscal
Cuscal Limited is an Australian company that predominantly provides transactional banking, liquidity and capital management services and products to institutional customers including credit unions, mutual banks and superannuation funds. Cuscal is regulated by the Australian Prudential Regulation Authority (APRA) as an Australian authorised deposit-taking institution (ADI), and by the Australian Securities & Investments Commission (ASIC). It is a member of EFTPOS Payments Australia and the Australian Payments Clearing Association. Cuscal has an A+ credit rating. Cuscal was established in 1992 as the Credit Union Services Corporation Limited and became Credit Union Services Corporation (Australia) Limited before changing its name to Cuscal Limited in December 2005. Cuscal replaced the state based credit union bodies, which had been in operation since 1956. Cuscal was incorporated as a Special Service Provider (SSP) under the financial institutions scheme, and assumed a role of p ...
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National Australia Bank
National Australia Bank (abbreviated NAB, branded nab) is one of the four largest financial institutions in Australia (colloquially referred to as "The Big Four") in terms of market capitalisation, earnings and customers. NAB was ranked 21st-largest bank in the world measured by market capitalisation and 52nd- largest bank in the world as measured by total assets in 2019. , NAB operated 3,500 Bank@Post locations—including 7,000+ ATMs across Australia, New Zealand, and Asia—and served 9 million customers. NAB has an "AA-" long-term issuer rating by Standard & Poor's. History Early history National Australia Bank was formed as National Commercial Banking Corporation of Australia Limited in 1982 by the merger of National Bank of Australasia and the Commercial Banking Company of Sydney. The resulting company was subsequently renamed National Australia Bank Limited. The expanded financial base of the merged entity triggered significant offshore expansion over ensuing years ...
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Suncorp Bank
Suncorp Bank is a part of the Suncorp Group, with head offices in Brisbane, Australia. From its beginnings in 1902 as the Queensland Agricultural Bank, Suncorp Bank has grown into the sixth largest bank in Australia. History The information in this section relates specifically to Suncorp Bank. For information relating to the group as a whole, see the history of the Suncorp Group. State Government Insurance Office Suncorp Bank commenced business in 1916 as the State Accident Insurance Office. Not long after, it changed its name to State Government Insurance Office (SGIO) and extended its operations into life insurance, general insurance and Compulsory Third Party. Over the years, superannuation, building society, and finance operations were added. Queensland Industry Development Corporation (QIDC) QIDC commenced operations in 1986, but evolved from the Queensland Agricultural Bank established in 1902. Initially operating primarily as a rural financier, QIDC expanded its acti ...
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Police Bank
Police Bank Ltd. is an Australian, member-owned mutual bank. Founded as NSW Police Credit Union (PCU) on 24 October 1964 by a group of officers from the Clarence Street Police Station in Sydney, its members passed a resolution to enable "Police Credit Union" to become "Police Bank Ltd." on 3 December 2012. Membership with Police Bank is open to employees and their relatives, as well as friends of the NSW Police Force, Australian Federal Police, Emergency Management Australia, Corrective Services NSW, Australian Courts, or any other area of law enforcement and associated services. Police Bank also offers membership to employees of the Australian Customs and Border Protection Service as well as Australian Quarantine and Inspection Service under their "Customs Bank" subsidiary. Police Bank is a member of The Customer Owned Banking Association, the industry body representing the Australian mutual and cooperative banking sector. Police Bank is a member-owned institution and has n ...
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