Is Great Southern Bank ethical?

Great Southern Bank (formerly CUA) is a member-owned bank with more than 70 branches. The bank has personal and home loans, credit cards, term deposits and savings and everyday accounts. Great Southern Bank is certified carbon neutral and joined the UN Global Compact.

Which banks are most ethical?

Which Australian banks are ethical?

Is Great Southern a good bank?

With an average 3.9 out of 5 stars, Great Southern Bank proves it is a respectable bank that deserves your consideration. Great Southern Bank offers the full selection of product offerings, which include savings accounts, checking accounts, money market accounts, CDs, IRAs, mortgage products and credit cards.

Which big bank is most ethical?

Ethical Banking

Which bank is most ethical in us?

The Ethisphere Institute recognized U.S. Bank for the seventh consecutive year. For the seventh consecutive year, U.S. Bank has been named one of the World's Most Ethical Companies by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices.

Are credit unions more ethical than banks?

Knowing that credit unions operate for your best interests takes a lot of the anxiety out of making financial decisions. A recent survey found that twice as many respondents found credit unions trustworthy compared with banks.

Who owns the Great Southern Bank?

Overview. As a mutual bank, Great Southern Bank is owned by its members. Great Southern Bank has over 40 branches located around Australia, largely on the east coast. Since its inception, the organisation has acquired a large portfolio of assets under management, whilst also investing in a number of co-operatives.

What was Great Southern Bank before?

About Great Southern Bank

We just changed our name from CUA to Great Southern Bank but we're still the same customer-owned bank focused on helping Australians own their own homes with clever products that match the many ways we now live and work.

Is Great Southern Bank a local bank?

Great southern is a great local bank.

Which Australian bank is the greenest?

Which Australian banks do not invest in fossil fuels?

"Australian Mutual Bank does not have any direct investments in the fossil fuel industry.

What is the most socially responsible bank?

Which banks are unethical?

Is chase an ethical bank?

JPMorgan Chase

Financial transparency is something unethical banks have always had trouble with. JPMorgan Chase is no different. A tremendous blot on the bank's integrity has been a lack of concern for its investors' credibility. In 2012, the bank was implicated in a financial nondisclosure of $4.4 billion.

Who bought out CUA?

Summary: HBF welcoming around 79,000 new members and 63 Brisbane-based employees after acquiring private health insurer CUA Health from Great Southern Bank.

Why is CUA changing its name?

CUA's CEO, Paul Lewis, said the bank had conducted research which showed that it needed to change its name from a 'credit union' to a 'bank' due to younger adults not having a strong understanding of what a credit union was or how it operates.

How many customers does Great Southern Bank have?

Great Southern Bank (formerly CUA) has over 400,000 members and more than 70 branches on the East Coast of Australia and in Perth. Named Australia's Best Large Credit Union in the 2020 Mozo Experts Choice Awards, it aims to be Australia's leading member-owned banking alternative.

What is CUA called now?

We will change our name to Great Southern Bank on 1 June 2021. That is the day our website and app will change from CUA to Great Southern Bank.

What happened to CUA bank?

After almost 75 years, Australia's largest customer-owned lender, CUA, was encountering problems with its “credit union” branding: some people didn't quickly grasp the idea it was involved in banking.

How many customers does CUA have?

Rates correct as of May 17, 2022. View disclaimer. CUA has been trading with 'credit union' in its name for upwards of 70 years, starting off as the 'Thrift and Loan CU' in 1946, and has grown to become Australia's largest credit union with upwards of half a million members.

How do you choose a socially responsible bank?

Are there any ethical investment banks?

Ethical banks in the UK include Triodos Bank, The Co-operative Bank, Ecology Building Society, Charity Bank and Reliance Bank. The best known of the five is The Co-operative Bank.