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Customer Owned Banking reaches historic milestone

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30 August 2016 - Australia's customer owned banking sector today celebrated a historic milestone in reaching $100 billion in total assets.  Find out more here.

The latest quarterly figures from APRA released today show a surge in home loan growth helped lift the sector to $101 billion in total assets.

More and more Australian families are taking out a loan with us and achieving their dreams of buying a home.

Reaching $100 billion in assets further underlines that the customer owned model, with its 4 million customers, is the proven alternative to the listed model in retail banking.

Mutual banks, credit unions and building societies are delivering great service, highly competitive pricing and an unmatched customer focus.