Newcastle Permanent Building Society
Newcastle Permanent Building Society is an Australian financial institution with its head office located in Newcastle, New South Wales, Australia.
| Type | Private |
|---|---|
| Industry | Banking and financial services |
| Founded | 2 February 1903 (as Newcastle District Starr-Bowkett Society), 1939 (as Newcastle Cooperative Building and Investment Society Limited)[1] |
| Headquarters | Newcastle, New South Wales, |
| Products | Retail Banking |
| Total assets | AUD $10.7 billion (2019)[2] |
| Website | www |
It was founded in 1903 by a group of like-minded individuals who wanted to help families purchase their own homes. 117 years later, Newcastle Permanent have grown to become the largest and financially strongest customer-owned banking institution based in New South Wales in terms of net assets. In addition to home loans they offer a full suite of retail personal banking products.
The desire to help others improve their financial well-being continues to be ingrained in their philosophy of ‘here for good’, ensuring customers and their communities thrive and grow.
History
1903 - Founded as a Starr-Bowkett Society in the Newcastle suburb of Wickham on 2 February 1903
1939 - Newcastle Permanent Building Society was established
1966 - First branch was opened to customers
1970 - Introduced its famous ‘house’ logo
1983 - Relocation of office headquarters to King St, Newcastle
1984 - Installation of Newcastle Permanent's first ATM
2001 - Internet Banking was launched for Newcastle Permanent customers
2004 - The Charitable Foundation distributed its first grant
2018 - Celebrated 115 years of better value banking.
Services
A full suite of banking services are offered including home and personal loans, credit cards, savings, deposits, transactions and insurance as well as business banking and financial planning.
Charitable Foundation
The Charitable Foundations mission is to help those in need rewrite their futures and make a meaningful difference to individual's lives through grants. Since the Foundation's inception, more than $21.5m has been donated to the community through its bi-annual Charitable Grants process.