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B&E Ltd

From EverybodyWiki Bios & Wiki


B&E Ltd
Bank of Us
Public
ISIN🆔
IndustryBanking and Financial Services
Founded 📆1 November 2017 (operating as Bank of us)
Founder 👔
Headquarters 🏙️Launceston, Tasmania
Number of locations
7 Retail Branches
Area served 🗺️
Key people
Products 📟 Personal and Business Banking
Total assets
  • Increase AUD $1.24 Billion (2021)
Members
Number of employees
🌐 Websitebankofus.com.au
📇 Address
📞 telephone

B&E Ltd (Bank of us) is a financial institution operating in Tasmania, Australia. Established in 1870 as the Launceston Equitable Building and Investment Society and, after merging with Bass Building Society, was renamed as B&E Ltd in 2001 and has operated as Bank of us since 1 November 2017.[1] Bank of us is Tasmania's first customer owned bank.[2]

Bank of us’ head office is located in Launceston, Tasmania and has retail branches in Hobart, Devonport, Ulverstone, Burnie, Launceston, Wynyard and Rosny. As of 2021, Bank of us’ total assets were valued at $1.24 billion AUD ($1.01 billion held in loans) with 31,800 active customers.[3]

History

The Launceston Equitable Building and Investment Society in January 1870, issuing its first loan of $400 AUD to James Birchall. Launceston Equitable Building and Investment Society was renamed to Launceston Equitable Building Society in May 1877.[4]

Equitable Building Society and Bass Building Society merged on 1 November 1998 to form the Bass & Equitable Building Society; later renamed to B&E Ltd on 1 November 2001.[5]

B&E Ltd rebranded under the business name Bank of us on 1 November 2017 - becoming Tasmania's first customer owned bank.[6][7]

References

  1. Boscia, Stefan (2018-07-07). "Bank of us climbing higher since 2017 rebrand". The Examiner. Retrieved 2021-10-10.
  2. Inglis, Rob (2017-10-25). "B&E becomes Bank of us | gallery". The Examiner. Retrieved 2021-10-10.
  3. Chounding, Andrew (2021-10-02). "Bank of us posts financial year 2021 results". The Examiner. Retrieved 2021-10-09.
  4. us, Bank of (2021-10-10). "History". Bank of us. Retrieved 2021-10-10.
  5. "B&E Bank Tasmania Information, Contacts and Locations". Retrieved 2021-10-10.
  6. McBey, Leah (2017-10-24). "B&E to turn into bank soon". The Advocate. Retrieved 2021-10-10.
  7. "ABN Lookup". abr.business.gov.au. 2014-11-01. Retrieved 2021-10-10.


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