Heritage wins inaugural Mutual Bank of the Year award

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Heritage Bank has claimed a slice of history by winning the inaugural Mutual Bank of the Year category at the 2012 AFR Smart Investor Blue Ribbon Awards.

Heritage Bank

Heritage Bank

We offer great products, great rates and great service, but it all starts with the People first culture that underpins everything we do

Heritage Bank has claimed a slice of history by winning the inaugural Mutual Bank of the Year category at the 2012 AFR Smart Investor Blue Ribbon Awards announced in Sydney last night (Thursday, 19 July).

The Blue Ribbon Awards acknowledge the leading products and services in the field of investment, finance, banking and insurance and are chosen in conjunction with research houses InfoChoice, Morningstar, Lonsec and Rice Warner Actuaries.

Now in their 7th year, the AFR Smart Investor Blue Ribbon Awards added the Mutual Bank of the Year category for the first time in 2012. This category covers a new sector in the banking industry that includes customer-owned (mutual) institutions which have adopted the title of “bank”.

Heritage CEO John Minz said: “It’s a great honour for Heritage to be recognised as the inaugural Mutual Bank of the Year. This accolade recognises the excellent work our staff do across the organization to make a positive difference to the lives of our customers.

“We offer great products, great rates and great service, but it all starts with the People first culture that underpins everything we do.

“This award acknowledges our success in providing excellent value to our customers.”
Mr Minz said a quick review of recent achievements reinforced Heritage’s innovative and ongoing evolution.

“We have just opened two new branches – one in the Brisbane CBD and one in Bundaberg – to expand our physical footprint,” he said.

“In February we became a truly national player in the home lending business by expanding our mortgage broker network across the entire country.

“We recently concluded the extremely successful Heritage Bank Retail Bonds issue, raising $227.5 million via the ASX-listed dept transaction. And we seamlessly completed the name change from Heritage Building Society to Heritage Bank last December.

“We’re very proud to continue evolving as a modern financial institution that excels in meeting the ever-changing needs of our customers.”

About Heritage

Queensland-based Heritage Bank has been meeting its customers’ financial needs for more than 136 years. Heritage is now Australia’s largest customer-owned bank, with more than $8 billion in assets, 58 branches and 70 mini-branches across southern Queensland, and with offices servicing home loan customers via mortgage brokers right across Australia.

Heritage offers the full suite of banking products including home loans, personal loans, savings accounts, term deposits, credit cards, insurance, financial planning, business banking and foreign exchange. Heritage also offers members access to a network of more than 2900 ATMS around Australia.

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