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MyState Limited - Wikipedia

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class="mw-empty-elt"> </p> <style data-mw-deduplicate="TemplateStyles:r1257001546">.mw-parser-output .infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><style data-mw-deduplicate="TemplateStyles:r1242257876">.mw-parser-output .ib-company .infobox-label{padding-right:0.5em}.mw-parser-output .ib-company .infobox-data,.mw-parser-output .ib-company .infobox-below{line-height:1.35em}.mw-parser-output .ib-company-logo img{background-color:#f8f9fa}.mw-parser-output .ib-company-locality,.mw-parser-output .ib-company-country{display:inline}</style><table class="infobox ib-company vcard"><caption class="infobox-title fn org">MyState Limited</caption><tbody><tr><th scope="row" class="infobox-label">Company type</th><td class="infobox-data category">Public</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Ticker_symbol" title="Ticker symbol">Traded as</a></div></th><td class="infobox-data"><a href="/wiki/Australian_Securities_Exchange" title="Australian Securities Exchange">ASX</a>:&#160;<a rel="nofollow" class="external text" href="https://www2.asx.com.au/markets/company/MYS">MYS</a><sup id="cite_ref-ASX_1-0" class="reference"><a href="#cite_note-ASX-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/International_Securities_Identification_Number" title="International Securities Identification Number">ISIN</a></th><td class="infobox-data"><span class="plainlinks"><a class="external text" href="https://isin.toolforge.org/?language=en&amp;isin=AU000000MYS0">AU000000MYS0</a></span></td></tr><tr><th scope="row" class="infobox-label">Industry</th><td class="infobox-data category">Finance</td></tr><tr><th scope="row" class="infobox-label">Headquarters</th><td class="infobox-data adr"><div class="ib-company-locality locality">Hobart, Tasmania</div>, <div class="ib-company-country country-name">Australia</div></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Area served</div></th><td class="infobox-data">Tasmania &amp; Queensland</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Key people</div></th><td class="infobox-data agent">Miles Hampton (Chairman), Brett Morgan (Managing Director)<sup id="cite_ref-ASX_1-1" class="reference"><a href="#cite_note-ASX-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label">Services</th><td class="infobox-data category">Deposit banking, insurance, private and commercial lending, wealth management</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Net_income" title="Net income">Net income</a></div></th><td class="infobox-data">29.6 million<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Assets_under_management" title="Assets under management">AUM</a></th><td class="infobox-data">1.007 billion (MyState Financial),<sup id="cite_ref-aum_3-0" class="reference"><a href="#cite_note-aum-3"><span class="cite-bracket">&#91;</span>3<span class="cite-bracket">&#93;</span></a></sup> 931 million (Tasmanian Perpetual Trustees)<sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">&#91;</span>4<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="/wiki/Asset" title="Asset">Total assets</a></span></th><td class="infobox-data">6542.5 million</td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="/wiki/Equity_(finance)" title="Equity (finance)">Total equity</a></span></th><td class="infobox-data">265 million<sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">&#91;</span>5<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Number of employees</div></th><td class="infobox-data">400<sup id="cite_ref-aum_3-1" class="reference"><a href="#cite_note-aum-3"><span class="cite-bracket">&#91;</span>3<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Subsidiary" title="Subsidiary">Subsidiaries</a></th><td class="infobox-data">MyState Bank, Tasmanian Perpetual Trustees</td></tr></tbody></table> <p><b>MyState Limited</b> is an Australian financial group, headquartered in <a href="/wiki/Hobart" title="Hobart">Hobart</a>, <a href="/wiki/Tasmania" title="Tasmania">Tasmania</a>. It formed in 2009 following the merger of the Tasmanian Perpetual Trustees and MyState Financial. In 2011 it further purchased the Queensland-based Rock Building Society for $68.3 million AUD.<sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">&#91;</span>6<span class="cite-bracket">&#93;</span></a></sup> In October 2014, its largest section, MyState Financial received authorisation from the <a href="/wiki/Australian_Prudential_Regulation_Authority" title="Australian Prudential Regulation Authority">Australian Prudential Regulation Authority</a> to rename itself to MyState Bank.<sup id="cite_ref-7" class="reference"><a href="#cite_note-7"><span class="cite-bracket">&#91;</span>7<span class="cite-bracket">&#93;</span></a></sup> </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Companies">Companies</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=MyState_Limited&amp;action=edit&amp;section=1" title="Edit section: Companies"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>MyState Limited consists of </p> <ul><li>MyState Bank (including The Rock – A division of MyState Bank, and the MyState Foundation)</li> <li>Tasmanian Perpetual Trustees</li></ul> <div class="mw-heading mw-heading2"><h2 id="History">History</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=MyState_Limited&amp;action=edit&amp;section=2" title="Edit section: History"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>MyState was founded as a <a href="/wiki/Credit_Union" class="mw-redirect" title="Credit Union">Credit Union</a> in <a href="/wiki/Tasmania" title="Tasmania">Tasmania</a>, <a href="/wiki/Australia" title="Australia">Australia</a> under the name <b>Connect Credit Union</b>, which was created from the merging of two credit unions, the Teachers, Police and Nurses Credit Union and Savings &amp; Loans (Credit Union Cooperartive).<sup id="cite_ref-8" class="reference"><a href="#cite_note-8"><span class="cite-bracket">&#91;</span>8<span class="cite-bracket">&#93;</span></a></sup> </p><p>Connect Credit Union attempted to demutualise in 2003 but failed when just 13,000 of its members voted, unable to reach a quorum of 75% of members voting.<sup id="cite_ref-9" class="reference"><a href="#cite_note-9"><span class="cite-bracket">&#91;</span>9<span class="cite-bracket">&#93;</span></a></sup> </p><p>In 2007 the members of Tasmania's two largest credit unions agreed to a merger, creating MyState Credit Union out of Island State Credit Union and Connect Credit Union.<sup id="cite_ref-10" class="reference"><a href="#cite_note-10"><span class="cite-bracket">&#91;</span>10<span class="cite-bracket">&#93;</span></a></sup> In 2009 MyState Credit Union merged with Tasmanian Perpetual Trustees, demutualising at the same time to list on the ASX.<sup id="cite_ref-11" class="reference"><a href="#cite_note-11"><span class="cite-bracket">&#91;</span>11<span class="cite-bracket">&#93;</span></a></sup> </p> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:MyState_Bank_Stockland_Rockhampton.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/1/19/MyState_Bank_Stockland_Rockhampton.jpg/220px-MyState_Bank_Stockland_Rockhampton.jpg" decoding="async" width="220" height="130" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/19/MyState_Bank_Stockland_Rockhampton.jpg/330px-MyState_Bank_Stockland_Rockhampton.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/19/MyState_Bank_Stockland_Rockhampton.jpg/440px-MyState_Bank_Stockland_Rockhampton.jpg 2x" data-file-width="2915" data-file-height="1721" /></a><figcaption>MyState Bank branch at <a href="/wiki/Stockland_Rockhampton" title="Stockland Rockhampton">Stockland Rockhampton</a> in August 2020</figcaption></figure><p>In 2011, MyState purchased The Rock Building Society which had been established in the <a href="/wiki/Central_Queensland" title="Central Queensland">Central Queensland</a> city of <a href="/wiki/Rockhampton" title="Rockhampton">Rockhampton</a> in 1967.<sup id="cite_ref-rebrand_12-0" class="reference"><a href="#cite_note-rebrand-12"><span class="cite-bracket">&#91;</span>12<span class="cite-bracket">&#93;</span></a></sup> Following the merger, MyState closed multiple branches of The Rock throughout the region including in <a href="/wiki/Emerald,_Queensland" title="Emerald, Queensland">Emerald</a>, <a href="/wiki/Biloela" title="Biloela">Biloela</a>, <a href="/wiki/Mount_Morgan,_Queensland" title="Mount Morgan, Queensland">Mount Morgan</a>, <a href="/wiki/Moura,_Queensland" title="Moura, Queensland">Moura</a>, <a href="/wiki/Emu_Park" class="mw-redirect" title="Emu Park">Emu Park</a> and <a href="/wiki/Baralaba" class="mw-redirect" title="Baralaba">Baralaba</a>.<sup id="cite_ref-shock_13-0" class="reference"><a href="#cite_note-shock-13"><span class="cite-bracket">&#91;</span>13<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-14" class="reference"><a href="#cite_note-14"><span class="cite-bracket">&#91;</span>14<span class="cite-bracket">&#93;</span></a></sup> </p><p>Despite the new ownership, The Rock Building Society retained its original name until its branches were rebranded in 2018 to MyState Bank.<sup id="cite_ref-rebrand_12-1" class="reference"><a href="#cite_note-rebrand-12"><span class="cite-bracket">&#91;</span>12<span class="cite-bracket">&#93;</span></a></sup> The Rock's regional executive manager Peter Fraser assured customers that despite the name change there would be no negatives associated with the rebrand such as branch closures or staff losses.<sup id="cite_ref-rebrand_12-2" class="reference"><a href="#cite_note-rebrand-12"><span class="cite-bracket">&#91;</span>12<span class="cite-bracket">&#93;</span></a></sup> </p><p>However, less than two years later, MyState announced all remaining Central Queensland branches of MyState Bank would close, with 26 staff in Rockhampton, <a href="/wiki/Gladstone,_Queensland" title="Gladstone, Queensland">Gladstone</a> and <a href="/wiki/Yeppoon" title="Yeppoon">Yeppoon</a> losing their jobs.<sup id="cite_ref-shock_13-1" class="reference"><a href="#cite_note-shock-13"><span class="cite-bracket">&#91;</span>13<span class="cite-bracket">&#93;</span></a></sup> MyState bank claimed the decision was made due to the declining number of customers who visited branches in person, as well as the decrease in the use of cash during the <a href="/wiki/COVID-19_pandemic_in_Australia" title="COVID-19 pandemic in Australia">COVID-19 pandemic</a>.<sup id="cite_ref-shock_13-2" class="reference"><a href="#cite_note-shock-13"><span class="cite-bracket">&#91;</span>13<span class="cite-bracket">&#93;</span></a></sup> </p><p>The decision drew strong criticism from <a href="/wiki/Rockhampton_Regional_Council" class="mw-redirect" title="Rockhampton Regional Council">Rockhampton Regional Council</a> mayor, Margaret Strelow who said she was "disgusted" by the decision and that she and her husband would be withdrawing their money from MyState Bank in protest.<sup id="cite_ref-shock_13-3" class="reference"><a href="#cite_note-shock-13"><span class="cite-bracket">&#91;</span>13<span class="cite-bracket">&#93;</span></a></sup> Strelow said it was "a timely reminder of the arrogance which we are treated when our businesses are taken over by large entities".<sup id="cite_ref-shock_13-4" class="reference"><a href="#cite_note-shock-13"><span class="cite-bracket">&#91;</span>13<span class="cite-bracket">&#93;</span></a></sup> </p><p>In August 2024 it was announced that MyState had saught to merge with <a href="/wiki/Auswide_Bank" title="Auswide Bank">Auswide Bank</a>, another Queensland based regional bank similar to The Rock Building Society<sup id="cite_ref-15" class="reference"><a href="#cite_note-15"><span class="cite-bracket">&#91;</span>15<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=MyState_Limited&amp;action=edit&amp;section=3" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239009302">.mw-parser-output .portalbox{padding:0;margin:0.5em 0;display:table;box-sizing:border-box;max-width:175px;list-style:none}.mw-parser-output .portalborder{border:1px solid var(--border-color-base,#a2a9b1);padding:0.1em;background:var(--background-color-neutral-subtle,#f8f9fa)}.mw-parser-output .portalbox-entry{display:table-row;font-size:85%;line-height:110%;height:1.9em;font-style:italic;font-weight:bold}.mw-parser-output .portalbox-image{display:table-cell;padding:0.2em;vertical-align:middle;text-align:center}.mw-parser-output .portalbox-link{display:table-cell;padding:0.2em 0.2em 0.2em 0.3em;vertical-align:middle}@media(min-width:720px){.mw-parser-output .portalleft{clear:left;float:left;margin:0.5em 1em 0.5em 0}.mw-parser-output .portalright{clear:right;float:right;margin:0.5em 0 0.5em 1em}}</style><ul role="navigation" aria-label="Portals" class="noprint portalbox portalborder portalright"> <li class="portalbox-entry"><span class="portalbox-image"><span class="mw-image-border noviewer" typeof="mw:File"><span><img alt="flag" src="//upload.wikimedia.org/wikipedia/en/thumb/b/b9/Flag_of_Australia.svg/32px-Flag_of_Australia.svg.png" decoding="async" width="32" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/b/b9/Flag_of_Australia.svg/48px-Flag_of_Australia.svg.png 1.5x, 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portal</a></span></li><li class="portalbox-entry"><span class="portalbox-image"><span class="noviewer" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/2/2a/Industry5.svg/28px-Industry5.svg.png" decoding="async" width="28" height="28" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/2/2a/Industry5.svg/42px-Industry5.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/2/2a/Industry5.svg/56px-Industry5.svg.png 2x" data-file-width="512" data-file-height="512" /></span></span></span><span class="portalbox-link"><a href="/wiki/Portal:Companies" title="Portal:Companies">Companies portal</a></span></li></ul> <ul><li><a href="/wiki/Banking_in_Australia" title="Banking in Australia">Banking in Australia</a></li> <li><a href="/wiki/List_of_banks" class="mw-redirect" title="List of banks">List of banks</a></li> <li><a href="/wiki/List_of_banks_in_Australia" title="List of banks in Australia">List of banks in Australia</a></li> <li><a href="/wiki/List_of_banks_in_Oceania" title="List of banks in Oceania">List of banks in Oceania</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=MyState_Limited&amp;action=edit&amp;section=4" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap mw-references-columns"><ol class="references"> <li id="cite_note-ASX-1"><span class="mw-cite-backlink">^ <a href="#cite_ref-ASX_1-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-ASX_1-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&amp;asxCode=MYS#details">"Company info: MYSTATE LIMITED (MYS)"</a>. <i>asx.com.au</i>. ASX<span class="reference-accessdate">. Retrieved <span class="nowrap">7 December</span> 2014</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=asx.com.au&amp;rft.atitle=Company+info%3A+MYSTATE+LIMITED+%28MYS%29&amp;rft_id=http%3A%2F%2Fwww.asx.com.au%2Fasx%2Fresearch%2FcompanyInfo.do%3Fby%3DasxCode%26asxCode%3DMYS%23details&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AMyState+Limited" class="Z3988"></span></span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="http://www.abc.net.au/news/2014-10-16/mystate-boss-disappointed-by-latest-results/5818696">"Boss of new Tas bank MyState disappointed by latest results"</a>. Australian Broadcasting Corporation. 16 October 2014<span class="reference-accessdate">. Retrieved <span class="nowrap">7 December</span> 2014</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.atitle=Boss+of+new+Tas+bank+MyState+disappointed+by+latest+results&amp;rft.date=2014-10-16&amp;rft_id=http%3A%2F%2Fwww.abc.net.au%2Fnews%2F2014-10-16%2Fmystate-boss-disappointed-by-latest-results%2F5818696&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AMyState+Limited" class="Z3988"></span></span> </li> <li id="cite_note-aum-3"><span class="mw-cite-backlink">^ <a href="#cite_ref-aum_3-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-aum_3-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="http://www.themercury.com.au/news/tasmania/mystate-posts-39-rise-in-profit-to-296-million-increases-dividend-to-145c-a-share/story-fnj4f7k1-1227033345702">"MyState posts 3.9% rise in profit to $29.6 million, increases dividend to 14.5c a share"</a>. <i>The Mercury</i>. 22 August 2014<span class="reference-accessdate">. Retrieved <span class="nowrap">7 December</span> 2014</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=The+Mercury&amp;rft.atitle=MyState+posts+3.9%25+rise+in+profit+to+%2429.6+million%2C+increases+dividend+to+14.5c+a+share&amp;rft.date=2014-08-22&amp;rft_id=http%3A%2F%2Fwww.themercury.com.au%2Fnews%2Ftasmania%2Fmystate-posts-39-rise-in-profit-to-296-million-increases-dividend-to-145c-a-share%2Fstory-fnj4f7k1-1227033345702&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AMyState+Limited" class="Z3988"></span></span> </li> <li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.mystatelimited.com.au/pdf/47812_msl_ar12-for-web2.pdf">"Performance Highlights 2011 - 2012"</a> <span class="cs1-format">(PDF)</span>. <i>mystatelimited.com.au</i>. MyState Limited<span class="reference-accessdate">. Retrieved <span class="nowrap">19 January</span> 2015</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=mystatelimited.com.au&amp;rft.atitle=Performance+Highlights+2011+-+2012&amp;rft_id=http%3A%2F%2Fwww.mystatelimited.com.au%2Fpdf%2F47812_msl_ar12-for-web2.pdf&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AMyState+Limited" class="Z3988"></span></span> </li> <li id="cite_note-5"><span class="mw-cite-backlink"><b><a href="#cite_ref-5">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://mystatelimited.com.au/pdf/msl_prudential_previous.pdf">"Regulatory Capital Reconciliation"</a> <span class="cs1-format">(PDF)</span>. <i>mystatelimited.com.au</i>. MyState Limited<span class="reference-accessdate">. Retrieved <span class="nowrap">19 January</span> 2015</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=mystatelimited.com.au&amp;rft.atitle=Regulatory+Capital+Reconciliation&amp;rft_id=http%3A%2F%2Fmystatelimited.com.au%2Fpdf%2Fmsl_prudential_previous.pdf&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AMyState+Limited" class="Z3988"></span></span> </li> <li id="cite_note-6"><span class="mw-cite-backlink"><b><a href="#cite_ref-6">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="http://www.smh.com.au/business/tasmanias-mystate-snaps-up-rock-building-society-20110831-1jl3i.html">"Tasmania's MyState snaps up Rock Building Society"</a>. <i>Sydney Morning Herald</i>. 31 August 2011<span class="reference-accessdate">. Retrieved <span class="nowrap">7 December</span> 2014</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=Sydney+Morning+Herald&amp;rft.atitle=Tasmania%27s+MyState+snaps+up+Rock+Building+Society&amp;rft.date=2011-08-31&amp;rft_id=http%3A%2F%2Fwww.smh.com.au%2Fbusiness%2Ftasmanias-mystate-snaps-up-rock-building-society-20110831-1jl3i.html&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AMyState+Limited" class="Z3988"></span></span> </li> <li id="cite_note-7"><span class="mw-cite-backlink"><b><a href="#cite_ref-7">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="http://www.theadvocate.com.au/story/2605712/mystate-financial-becoming-mystate-bank/">"MyState Financial becoming MyState Bank"</a>. <i>The Advocate</i>. 6 October 2014<span class="reference-accessdate">. Retrieved <span class="nowrap">7 December</span> 2014</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=The+Advocate&amp;rft.atitle=MyState+Financial+becoming+MyState+Bank&amp;rft.date=2014-10-06&amp;rft_id=http%3A%2F%2Fwww.theadvocate.com.au%2Fstory%2F2605712%2Fmystate-financial-becoming-mystate-bank%2F&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AMyState+Limited" class="Z3988"></span></span> </li> <li id="cite_note-8"><span class="mw-cite-backlink"><b><a href="#cite_ref-8">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.theaufinance.com/tas/connect-credit-union">"Connect Credit Union"</a>. <i>www.theaufinance.com</i><span class="reference-accessdate">. Retrieved <span class="nowrap">12 April</span> 2017</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=www.theaufinance.com&amp;rft.atitle=Connect+Credit+Union&amp;rft_id=http%3A%2F%2Fwww.theaufinance.com%2Ftas%2Fconnect-credit-union&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AMyState+Limited" class="Z3988"></span></span> </li> <li id="cite_note-9"><span class="mw-cite-backlink"><b><a href="#cite_ref-9">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="http://www.abc.net.au/news/2003-10-30/connect-credit-union-demutualisation-rejected/1501486">"Connect Credit Union demutualisation rejected"</a>. Australian Broadcasting Corporation. 30 October 2003<span class="reference-accessdate">. Retrieved <span class="nowrap">7 December</span> 2014</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.atitle=Connect+Credit+Union+demutualisation+rejected&amp;rft.date=2003-10-30&amp;rft_id=http%3A%2F%2Fwww.abc.net.au%2Fnews%2F2003-10-30%2Fconnect-credit-union-demutualisation-rejected%2F1501486&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AMyState+Limited" class="Z3988"></span></span> </li> <li id="cite_note-10"><span class="mw-cite-backlink"><b><a href="#cite_ref-10">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="http://www.abc.net.au/news/2007-05-10/credit-unions-to-merge/2545104">"Credit Unions to merge"</a>. Australian Broadcasting Corporation. 10 May 2007<span class="reference-accessdate">. Retrieved <span class="nowrap">7 December</span> 2014</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.atitle=Credit+Unions+to+merge&amp;rft.date=2007-05-10&amp;rft_id=http%3A%2F%2Fwww.abc.net.au%2Fnews%2F2007-05-10%2Fcredit-unions-to-merge%2F2545104&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AMyState+Limited" class="Z3988"></span></span> </li> <li id="cite_note-11"><span class="mw-cite-backlink"><b><a href="#cite_ref-11">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="http://www.abc.net.au/stateline/tas/content/2006/s2497050.htm">"StateLine - Mergers"</a>. Australian Broadcasting Corporation. 20 February 2009<span class="reference-accessdate">. Retrieved <span class="nowrap">7 December</span> 2014</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.atitle=StateLine+-+Mergers&amp;rft.date=2009-02-20&amp;rft_id=http%3A%2F%2Fwww.abc.net.au%2Fstateline%2Ftas%2Fcontent%2F2006%2Fs2497050.htm&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AMyState+Limited" class="Z3988"></span></span> </li> <li id="cite_note-rebrand-12"><span class="mw-cite-backlink">^ <a href="#cite_ref-rebrand_12-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-rebrand_12-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-rebrand_12-2"><sup><i><b>c</b></i></sup></a></span> <span class="reference-text">(13 November 2018) <a rel="nofollow" class="external text" href="https://www.themorningbulletin.com.au/news/the-rock-bank-set-to-get-stronger-with-new-name/3574782">The Rock set to get stronger with new name</a>, <i>The Morning Bulletin</i>. Retrieved 9 September 2020.</span> </li> <li id="cite_note-shock-13"><span class="mw-cite-backlink">^ <a href="#cite_ref-shock_13-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-shock_13-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-shock_13-2"><sup><i><b>c</b></i></sup></a> <a href="#cite_ref-shock_13-3"><sup><i><b>d</b></i></sup></a> <a href="#cite_ref-shock_13-4"><sup><i><b>e</b></i></sup></a></span> <span class="reference-text">Jarrett, Vanessa (7 August 2020) <a rel="nofollow" class="external text" href="https://www.themorningbulletin.com.au/news/banks-shock-plan-to-close-five-cq-branches-cut-job/4073715">Bank's shock plan to close four CQ branches, cut jobs</a>, <i><a href="/wiki/The_Morning_Bulletin" title="The Morning Bulletin">The Morning Bulletin</a></i>. Retrieved 9 September 2020.</span> </li> <li id="cite_note-14"><span class="mw-cite-backlink"><b><a href="#cite_ref-14">^</a></b></span> <span class="reference-text">Shannon, Louise (25 August 2017) <a rel="nofollow" class="external text" href="https://www.cqnews.com.au/news/bank-closures-outrage/3216429">Bank closures outrage</a>, <i><a href="/wiki/Central_Queensland_News" title="Central Queensland News">Central Queensland News</a></i>. Retrieved 9 September 2020.</span> </li> <li id="cite_note-15"><span class="mw-cite-backlink"><b><a href="#cite_ref-15">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external free" href="https://www.bankingday.com/mystate-auswide-do-the-decent-thing-in-dire-times">https://www.bankingday.com/mystate-auswide-do-the-decent-thing-in-dire-times</a> <sup class="noprint Inline-Template" style="white-space:nowrap;">&#91;<i><a href="/wiki/Wikipedia:Bare_URLs" title="Wikipedia:Bare URLs"><span title="A full citation is required to prevent link rot. 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scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Central_bank" title="Central bank">Central bank</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Reserve_Bank_of_Australia" title="Reserve Bank of Australia">Reserve Bank of Australia</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Local banks</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Big_Four_(banking)#Australia" title="Big Four (banking)">Big Four</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/ANZ_(bank)" title="ANZ (bank)">ANZ</a> <ul><li><a href="/wiki/Suncorp_Bank" title="Suncorp Bank">Suncorp Bank</a></li></ul></li> <li><a href="/wiki/Commonwealth_Bank" title="Commonwealth Bank">Commonwealth Bank</a> <ul><li><a href="/wiki/Bankwest" title="Bankwest">Bankwest</a></li></ul></li> <li><a href="/wiki/National_Australia_Bank" title="National Australia Bank">National Australia Bank</a> <ul><li><a href="/wiki/UBank" title="UBank">UBank</a></li></ul></li> <li><a href="/wiki/Westpac" title="Westpac">Westpac</a> <ul><li><a href="/wiki/Bank_of_Melbourne_(2011)" title="Bank of Melbourne (2011)">Bank of Melbourne</a></li> <li><a href="/wiki/BankSA" title="BankSA">BankSA</a></li> <li><a href="/wiki/St.George_Bank" title="St.George Bank">St.George Bank</a></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Retail_banking" title="Retail banking">Other retail</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Alex_Bank" title="Alex Bank">Alex Bank</a></li> <li><a href="/wiki/AMP_Limited" title="AMP Limited">AMP</a></li> <li><a href="/wiki/Auswide_Bank" title="Auswide Bank">Auswide Bank</a></li> <li><a href="/wiki/Judo_Bank" title="Judo Bank">Judo Bank</a></li> <li><a href="/wiki/Macquarie_Group" title="Macquarie Group">Macquarie Bank</a></li> <li><a href="/wiki/Bank_of_Queensland" title="Bank of Queensland">Bank of Queensland</a> <ul><li><a href="/wiki/ME_Bank" title="ME Bank">ME Bank</a></li> <li><a href="/wiki/Virgin_Money_Australia" title="Virgin Money Australia">Virgin Money</a></li></ul></li> <li><a href="/wiki/Bendigo_%26_Adelaide_Bank" class="mw-redirect" title="Bendigo &amp; Adelaide Bank">Bendigo &amp; Adelaide Bank</a> <ul><li><a href="/wiki/Up_(Australian_bank)" title="Up (Australian bank)">Up</a></li></ul></li> <li><a href="/wiki/Tyro_Payments" class="mw-redirect" title="Tyro Payments">Tyro Payments</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Cooperative_banking" title="Cooperative banking">Member-owned</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Australian_Unity" title="Australian Unity">Australian Unity</a></li> <li><a href="/wiki/Bank_Australia" title="Bank Australia">Bank Australia</a></li> <li><a href="/wiki/Bank_First" title="Bank First">Bank First</a></li> <li><a href="/wiki/BankVic" title="BankVic">BankVic</a></li> <li><a href="/wiki/Beyond_Bank_Australia" title="Beyond Bank Australia">Beyond Bank Australia</a></li> <li><a href="/wiki/Cairns_Bank" title="Cairns Bank">Cairns Bank</a></li> <li><a href="/wiki/Community_First_Bank" title="Community First Bank">Community First Bank</a></li> <li><a href="/wiki/Credit_Union_SA" title="Credit Union SA">Credit Union SA</a></li> <li><a href="/wiki/Cuscal" title="Cuscal">Cuscal</a></li> <li><a href="/wiki/Great_Southern_Bank" title="Great Southern Bank">Great Southern Bank</a></li> <li><a href="/wiki/Heritage_Bank" title="Heritage Bank">Heritage Bank</a></li> <li><a href="/wiki/Hume_Bank" title="Hume Bank">Hume Bank</a></li> <li><a href="/wiki/IMB_Bank" title="IMB Bank">IMB</a></li> <li><a href="/wiki/MyState" class="mw-redirect" title="MyState">MyState</a></li> <li>Newcastle Greater Mutual <ul><li><a href="/wiki/Greater_Bank" title="Greater Bank">Greater Bank</a></li> <li><a href="/wiki/Newcastle_Permanent_Building_Society" class="mw-redirect" title="Newcastle Permanent Building Society">Newcastle Permanent</a></li></ul></li> <li><a href="/wiki/P%26N_Bank" title="P&amp;N Bank">P&amp;N Bank</a></li> <li><a href="/wiki/People_First_Bank" title="People First Bank">People First Bank</a> <ul><li><a href="/wiki/Heritage_Bank" title="Heritage Bank">Heritage Bank</a></li> <li><a href="/wiki/People%27s_Choice_Credit_Union" title="People&#39;s Choice Credit Union">People's Choice</a></li></ul></li> <li><a href="/wiki/Police_Bank" title="Police Bank">Police Bank</a></li> <li><a href="/wiki/Qudos_Bank" title="Qudos Bank">Qudos Bank</a></li> <li><a href="/wiki/Royal_Automobile_Club_of_Queensland" title="Royal Automobile Club of Queensland">RACQ Bank</a></li> <li><a href="/wiki/Regional_Australia_Bank" title="Regional Australia Bank">Regional Australia Bank</a></li> <li><a href="/wiki/Teachers_Mutual_Bank" title="Teachers Mutual Bank">Teachers Mutual Bank</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/De-banking" title="De-banking">Defunct</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Volt_Bank" title="Volt Bank">Volt Bank</a></li> <li><a href="/wiki/Xinja" title="Xinja">Xinja</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Foreign banks</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Arab_Bank" title="Arab Bank">Arab Bank</a></li> <li><a href="/wiki/Bank_of_China" title="Bank of China">Bank of China</a></li> <li><a href="/wiki/Bank_of_Beirut" title="Bank of Beirut">Bank of Beirut</a></li> <li><a href="/wiki/Heartland_Bank" title="Heartland Bank">Heartland Bank</a></li> <li><a href="/wiki/HSBC_Bank_Australia" title="HSBC Bank Australia">HSBC</a></li> <li><a href="/wiki/ING_Australia" title="ING Australia">ING</a></li> <li><a href="/wiki/Rabobank" title="Rabobank">Rabobank</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Non-bank lenders</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Aussie_(financial_group)" title="Aussie (financial group)">Aussie</a></li> <li><a href="/wiki/Latitude_Financial_Services" title="Latitude Financial Services">Latitude</a></li> <li><a href="/wiki/La_Trobe_Financial" title="La Trobe Financial">La Trobe Financial</a></li> <li><a href="/wiki/Mortgage_Choice" title="Mortgage Choice">Mortgage Choice</a></li> <li><a href="/wiki/Pepper_Money" title="Pepper Money">Pepper Money</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Bank_regulation" class="mw-redirect" title="Bank regulation">Regulators</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Australian_Securities_and_Investments_Commission" title="Australian Securities and Investments Commission">Australian Securities and Investments Commission</a></li> <li><a href="/wiki/Australian_Competition_%26_Consumer_Commission" class="mw-redirect" title="Australian Competition &amp; Consumer Commission">Australian Competition &amp; Consumer Commission</a></li> <li><a href="/wiki/Australian_Prudential_Regulation_Authority" title="Australian Prudential Regulation Authority">Australian Prudential Regulation Authority</a></li> <li><a href="/wiki/Australian_Payments_Council" title="Australian Payments Council">Australian Payments Council</a></li> <li><a href="/wiki/Australian_Payments_Network" title="Australian Payments Network">Australian Payments Network</a> <ul><li><a href="/wiki/New_Payments_Platform" title="New Payments Platform">New Payments Platform</a></li></ul></li> <li><a href="/wiki/Four_pillars_policy" title="Four pillars policy">Four pillars policy</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Inquiries</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"><a href="/wiki/Royal_Commission_into_Misconduct_in_the_Banking,_Superannuation_and_Financial_Services_Industry" title="Royal 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