Choice: non-major offers 'fairer banking alternative'

by Caroline Dann27 Aug 2012

Choice is the latest aggregator to add ME Bank to its lending panel, claiming the non-major offered a "fairer banking alternative."

“Since its inception in 1994, ME Bank has worked hard to deliver Australians low cost, straightforward and transparent banking products,” said Choice's CEO Stephen Moore.
“To this day, ME Bank continues to offer very competitive and compelling borrowing options and we are proud to announce our new partnership with them,” he said.
ME Bank is already signed on to eight aggregation groups, and is in 'talks' with up to six others.
It was established by industry super funds to provide, it says, "genuinely fairer banking."
“Their values are demonstrated in their actions. ME Bank’s standard variable home loan rate for members of industry super funds and unions, for example, has been lower than those of the major banks for every month of every year since it became a bank in 2001," said Moore.