Media Centre

This section of our website will be useful for those people who are interested in ME's current initiatives and community activities, particularly the media.

ME welcomes media enquires and is happy to assist journalists with information about the bank, or comment about industry issues.

21 November 2008

All "SMILES" for Members Equity Bank and its customers

Australian Financial Review's Smart Investor magazine has named Members Equity Bank (MEB) as the "Highest Polling Home Lender" for its outstanding customer service as determined by the 2008 SMILES Poll.

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6 November 2008

Members Equity Bank passes on the full 75 basis points interest rate cut to its home loan members

Members Equity Bank today announced it would cut the variable interest rate on its Standard Variable Home Loans by 75 basis points. Members of participating trades unions and super funds, who have Members Equity Bank's award-winning Standard Variable Home Loan, will now pay a standard variable interest rate of 7.24% per annum.

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30 October 2008

AOFM agrees to buy $500 Million Super Members Home Loan RMBS

The Federal Government's Australian Office of Financial Management has invested $500 million in Members Equity Bank's AAA-Rated Super Members Home Loans (SMHL) Securitisation Fund Residential Mortgage-Backed Securities (RMBS).

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16 October 2008

Union members will no longer be charged a dishonour fee for union deductions

Members Equity Bank will no longer charge members of unions a $25 dishonour fee for union deductions where there are insufficient funds in their account.

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14 October 2008

Members Equity Bank customers to benefit from Government guarantees

Before the Guarantee, the big banks were benefiting from the sense of uncertainty not because they offered lower fees or better products, prices or service. Now they will be forced to compete with Members Equity Bank's award winning service, lower fees and transparent and simple products.

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8 October 2008

Members Equity Bank will cut variable home loan rates by 80 basis points

Members Equity Bank today announced it will cut the variable interest rate on its home loans by 80 basis points, effective 19 October 2008, following the cut to the cash rate by the Reserve Bank of Australia.

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8 October 2008

Members Equity Bank launches First Home Saver Account

Members Equity Bank is very excited and pleased to announce that it has launched its First Home Saver Account to young Australians looking for a premier savings vehicle to help them buy their own home.

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12 September 2008

Members Equity Bank refutes Victorian Shadow Treasurer's comments

Suggestions by Victorian Shadow Treasurer Kim Wells yesterday casting doubt over MEB are completely without foundation.

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8 September 2008

Members Equity Bank offers A great rate. Not a fake rate.

Members Equity Bank commenced a new marketing campaign for the ME Online Savings Account on Monday 18 August 2008. The ME Online Savings Account has no hidden terms and conditions and the 7.5%p.a. interest rate is available on every dollar, every day.

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2 September 2008

Members Equity Bank Announces cuts to business interest rates

Members Equity Bank is taking the lead in interest rate cuts for businesses.

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2 September 2008

ME Bank cuts SMHL interest rates by 0.25%

Members Equity Bank has decided to cut home loan interest rates by 0.25% effective September 14, 2008 in line with the Reserves Bank's decision.

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20 August 2008

ME Bank credit rating at BBB/A2 with a negative outlook - no longer on CreditWatch

Standard and Poors today affirmed Members Equity Bank's credit rating at BBB / A2 with a negative outlook.

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10 June 2008

Update ME - Winter 2008 - A communication from Members Equity Bank

  • ME answers your questions about rising interest rates
  • ME to open a new Brisbane branch
  • Women & money
  • DIY banking pop quiz
  • Affordable housing – ME is joining the campaign
  • The faces of ME
  • IFFP – free subscription to 'IFFP news' for ME customers

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19 May 2008

ME donates $40,000 to the Red Cross for earthquake victims in China and for cyclone victims in Myanmar (Burma).

As part of Members Equity Bank’s (ME’s) commitment to corporate and social responsibility (CSR), ME will be donating $40,000 to the Red Cross to assist its disaster relief appeal in both Sichuan Province, China and Myanmar (Burma)
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5 May 2008

ME joins with HESTA to award Australian nurses.

Members Equity Bank (ME) is the proud major sponsor of the HESTA Australian Nursing Awards, a programme to recognise Australia’s most skilled, Innovative and dedicated nursing professionals.
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10 March 2008

UpdateME - Autumn 2008 - A communication from Members Equity Bank

  • The 2008 Mothers Day Classic is just around the corner
  • Use DIY banking and win
  • Financial Planning and Industry Funds Management continue to grow
  • ME implements Anti-Money Laundering Awareness Programme

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25 February 2008

Members Equity Bank's Online Savings Account moves into high gear with 7.50%p.a. on every dollar every day.

Members Equity Bank (ME) today is launching a press, outdoor and online ad campaign to promote its Online Savings Account. The campaign will focus on the new ongoing interest rate of 7.50%, giving the ME Online Savings Account one of the top rates in Australia.
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25 February 2008

Too Young To Work

Industry Fund Financial Planning (IFFP), part of the Members Equity Group, makes a regular financial contribution to change the lives of these children in India. IFFP donates sales’ commissions that cannot be rebated back to their clients to the Too Young to Work project.
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22 February 2008

Members Equity Bank Boost Their Online Presence

Members Equity Bank (ME), which is owned by 40 Industry Super Funds, will launch a new more personalised website on Friday 22 February 2008. Using the latest innovation in web design, www.membersequitybank.com.au , has increased functionality and a wider range of applications. The website design has more pages including news, careers, and enhanced product information.
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News & Media Archive