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Local bank merges with Hume
Summary by Geelong Independent
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Geelong IndependentReposted by 
Ocean Grove Voice
Ocean Grove VoiceLocal bank merges with Hume
The merger between Geelong Bank and Hume Bank is now complete. The two effected the merger on 1 May, forming one of the country’s largest regional customer-owned banks with 16 branches, more than 60,000 customers and $2.4 billion in assets. The two banks penned a memorandum of understanding for the move in August 2025 and received approval from the Australian Prudential Regulation Authority (APRA) to take the proposed merger to a members’ vote i…
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