Major building society, Wide Bay Australia has announced it will become Australia’s newest bank, Auswide Bank on 1 April 2015.
Charlton Nevis, Auswide Bank’s general manager for third party said expanding its broker network will be one of the lender’s first priorities.
“We may be smaller than some other lenders, but we intend to make a big difference to the lending landscape. It’s the small things we do that make us different. Our commitment to mortgage brokers is a ‘knock your socks off’ experience’ and ‘speed to yes’!”
Nevis says brokers can still expect the same competitively priced and feature-rich home loans and lines of credit offered by the former building society.
“Features such as 100% mortgage offset and redraw on fixed rate loans will continue to help differentiate us from the crowd,” he said.
“Auswide Bank is a viable option for borrowers regardless of where they live, offering broker clients nationwide access to their loans and other banking products via an Australian-based customer call centre; internet, mobile and phone banking and access to a national ATM/POS network.”