Is ME Bank Australian owned?

Is ME Bank Australian owned?

ME Bank, also known as ME, is an Australian direct bank based in Melbourne.

Is my money safe in ME Bank?

Your savings with ME are protected by a deposit guarantee from the Australian Government. This is further supported by ME’s strong financial position, corporate governance frameworks and our Bank of Queensland Group (BOQ) backing.

Who are the directors of ME Bank?

Peter Everingham Director – ME Bank. Director since April 2019.

Is ME Bank on the ASX?

Bank of Queensland Limited (ASX: BOQ) has finalised what its chair describes as a “defining moment” for the bank today, as Members Equity Bank (ME Bank) is welcomed into its faction. …

Who is the owner of ME Bank?

Bank of Queensland
ME Bank/Parent organizations

Is ME Bank a good bank?

ME is a good choice for fixed rate loans where they tend to have competitive rates, especially if you want to fix for 3 years. Unlike other lenders, they offer fixed rates of up to 7 years but terms over 5 years come at a premium. They don’t offer any specialty home loans.

Can govt take your money?

If you carry too much cash, the federal government can take it away from you. A 2017 inspector general’s investigation found that over the last decade, the DEA has seized more than $4 billion in cash from those suspected of drug activity. …

Is ME Bank ethical?

Industry super-owned ME Bank has been sanctioned by the industry’s code of ethics watchdog for “serious and systemic” breaches of rules governing timely and clear communication and fair conduct over a redraw fiasco last year.

Is Mebank ethical?

Who is the new CEO of ME Bank?

( Supplied: ME Bank) The chief executive of ME Bank has resigned, after more than a decade running the industry super fund-owned bank. Jamie McPhee will leave the bank at the end of the month, with the current chief financial officer Adam Crane to take the reins before a permanent appointment is made.

Did James McPhee resign as meme bank chief executive?

ME Bank chair, James Evans said the chief executive, James McPhee had resigned. McPhee did not mention the drawdown issue but said he had decided to call time.

Who is the bank of Australia’s New chairman?

Jim Evans has been appointed the bank’s new chairman, commencing 30 April 2019. Jim is a veteran of the Australian Business community with over 40 years’ experience, including 30 years in banking and financial services.

What has gone wrong at meme bank?

ME Bank has faced a torrid few months of negative publicity and scrutiny after bungled changes to its redraw accounts were revealed in May, but Mr McPhee on Tuesday said this had not influenced his decision to leave the bank.