Bank Australia Completes Australian Unity Bank Acquisition on 24 November 2025: What It Means for 29,000 Customers and the Mutual Banking Sector
Melbourne, Australia – 24 November 2025 – Bank Australia has officially completed the acquisition and full transfer of Australian Unity Bank’s (AUB) banking business, in a deal that reshapes Australia’s customer‑owned banking landscape and caps off a year of rapid consolidation in the sector. The transaction brings around 29,000 Australian Unity banking customers into Bank Australia, boosting its customer base…