Fact-checked by Grok 2 weeks ago

IMB Bank

IMB Bank is an Australian customer-owned mutual bank headquartered in , , founded in 1880 as the Mutual to enable local residents to achieve home ownership through affordable mutual lending. Originally established by businessmen including trustees Alfred A. Turner, Philip Mackel, and William Robson, the institution has evolved over 145 years into one of Australia's oldest and most enduring financial entities, emphasizing member-focused banking and community support. IMB provides a comprehensive range of and business banking services, including home loans, personal and car loans, savings and transaction accounts, term deposits, and solutions, with a commitment to through online, , video, and in-branch . As of June 30, 2025, the bank managed total assets of $8.5 billion, members' deposits of $7.1 billion, loans and advances of $6.9 billion, and reported a consolidated after tax of $38.1 million. Operating 54 branches across , the Australian Capital Territory, and , IMB employs approximately 600 staff and maintains a strong community focus, having donated over $13 million since 1999 and funded more than 1,000 local projects through its . Under the leadership of CEO and Chair Catherine Ann Aston, the bank has earned accolades for its service quality, including Canstar's Most Satisfied Customers awards for both overall bank and customer-owned bank categories in 2022, and recognition by as one of the world's best banks in 2020 and among Australia's top four banks.

History

Establishment and early development

IMB Bank traces its origins to 1880, when it was founded as the Illawarra Building Society in , , by local businessmen responding to the housing needs of workers in the region's burgeoning port and industrial community. The society's primary aim was to offer affordable home loans, enabling members to own property without relying on high-interest private lenders, a critical support in an era of limited financial options for working-class families. By the mid-20th century, the institution had evolved to emphasize its cooperative principles, renaming itself the Illawarra Mutual Building Society by this period to underscore its member-owned model, where surpluses were reinvested for the benefit of depositors and borrowers rather than distributed to external shareholders. Throughout the 20th century, it achieved steady growth through targeted expansion in the Illawarra region, opening additional branches to enhance accessibility for local members and maintaining a focus on community-oriented operations that avoided profit-driven pressures from shareholders. A notable milestone was the 1971 inauguration of a new head office and branch at 110 Crown Street in Wollongong, symbolizing its deepening roots in the area. The Australian financial deregulation of the , which dismantled interest rate controls and entry barriers, facilitated the society's broadening of operational scope while preserving its mutual ethos. In the ensuing decades, particularly the and , it introduced basic savings accounts and diversified lending options, such as personal loans, to meet evolving member demands and amass assets that bolstered support for regional housing initiatives amid economic shifts.

Rebranding, mergers, and recent milestones

In 2015, IMB Building Society converted to a mutual and rebranded as IMB Bank, effective August 1, to highlight its customer-owned mutual structure and commitment to member-focused services, while continuing investments in digital capabilities to enhance accessibility. Throughout the late , IMB Bank advanced its digital offerings, including the enhancement of its app for biometric authentication, in-app messaging, and seamless fund transfers, alongside the introduction of banking upgrades to support real-time payments via Osko and integration with mobile wallets like and . The bank expanded its footprint through a merger with Hunter United Employees' , completed on May 1, 2020, after regulatory approval, which integrated approximately 20,000 new members and strengthened IMB's presence in the Newcastle and Hunter regions, boosting total assets and membership base. During the , IMB Bank introduced targeted support for members facing financial hardship, including fee waivers on transactions, dishonours, debit card replacements, and term deposit early withdrawals, as well as loan repayment deferrals of up to six months for and loans and three months for loans, interest rate reductions on select products, and dedicated assistance lines for vulnerable customers from 2020 to 2021. In recent years, IMB Bank has navigated economic shifts by adjusting variable home loan rates in alignment with decisions, maintaining competitiveness amid stable cash rate targets of 4.35% throughout 2024, and achieving a key milestone with the issuance of A$500 million in residential mortgage-backed securities through the Series 2025-1 RMBS Trust in 2025, backed by prime residential mortgages to support capital relief and funding diversification.

Banking Services

Personal banking products

IMB Bank offers a variety of loan products designed for individual borrowers, including variable and fixed-rate mortgages. Variable rate options, such as the Budget Home Loan at 5.29% p.a. for owner-occupiers with a (LVR) of up to 80%, feature no monthly fees, free redraw facilities, and unrestricted additional repayments. The Essentials Home Loan, at 5.39% p.a. under similar conditions, includes a 100% to reduce interest charges alongside free redraws. Fixed-rate mortgages, like the two-year Fixed Rate Home Loan at 4.99% p.a. for owner-occupiers with an LVR up to 95%, allow up to 12 months of advance repayments without penalties and include free redraw options. loans are available for secured purposes, such as new or used vehicles (up to $125,000 for new cars and up to $75,000 for secured loans on used vehicles up to 6 years old), and unsecured needs, with fixed interest rates ranging from 5.99% p.a. for new car loans to 8.98% p.a. for unsecured loans, no early exit fees, and no monthly fees, as of November 2025. Eligibility for first-home buyers includes support for the Australian Government's 5% Deposit , available from October 2025, enabling purchases with a minimum 5% deposit (or 2% for single parents), subject to lending criteria. For savings and deposits, IMB provides everyday accounts like the Everyday Unlimited , which supports fee-free IMB , Osko payments, and access, tailored for adults with options for under-13s (Zoo ) and under-30 students (Kick-Start Package). The Everyday 50+ offers no domestic or international fees for members over 50. High-interest savings include the Reward Saver , earning an introductory bonus rate of up to 4.50% p.a. for the first four months on eligible new accounts opened from September 18, 2025, requiring a minimum $50 monthly deposit and no withdrawals to maximize earnings for goal-based saving, as of November 2025. Term deposits, such as the three-month option at 1.00% p.a. for balances under $100,000, as of November 2025, have a minimum of $5,000 with paid at maturity, providing secure, fixed returns. Note that rates for savings and term deposits have been adjusted downward following RBA cash rate cuts in 2025. Insurance products are offered through partnerships, primarily with , covering home and contents for protection against insured events, landlord insurance for rental properties, motor vehicle coverage, and via Allianz Global Assistance. Portable contents options allow tailoring for personal items. While is not directly provided, access supports broader financial protection needs. Financial planning services, delivered in collaboration with Bridges Financial Services, include complimentary initial consultations and the Bridges Wealth Report, offering basic advice on (integrating superannuation and government benefits), budgeting through income-expense projections, and additional guidance on investments, redundancy, and estate protection. Digital banking tools enhance accessibility, with the highly rated IMB mobile app enabling transfers, bill payments, balance views, and card management, integrated with digital wallets like and for contactless transactions. Internet banking supports fund transfers, external payments via PayID, and real-time Osko functionality, while in-branch consultations provide personalized support from staff at over 20 locations across . Budgeting trackers are accessible through app-based financial overviews and planning tools tied to accounts. As a member-owned mutual bank, IMB reinvests profits to deliver unique perks, such as lower fees and competitive rates that outperform many shareholder-owned s, fostering better value through community-focused initiatives like over $12 million in donations since 1999. This structure ensures accessibility, with free automated phone and services for all members, emphasizing long-term relationship rewards like transaction allowances based on banking activity.

Business banking products

IMB Bank provides a range of specialized financial solutions tailored for small to medium-sized enterprises (SMEs), particularly those operating in regional areas like the and Hunter regions of New South Wales, . These products focus on supporting operations, growth, and through flexible lending and transaction services. With dedicated Business Banking Managers, IMB emphasizes personalized advice to help local businesses navigate financial challenges. Business loans at IMB Bank include facilities offering up to $20,000 unsecured or $500,000 secured against , providing short-term for operational needs. Equipment , available through a with , supports purchases of assets such as vehicles and machinery up to $2 million, with terms structured around cash flows. loans, secured by residential or commercial assets, extend up to $10 million at variable rates starting from 5.85% p.a. for loans between $1 million and $5 million with a under 60%, featuring flexible repayment options designed for scalability. Transaction services encompass the Business Transaction Account, which handles everyday operations like bill payments and customer receipts, with integrations for popular accounting software such as Xero, MYOB, and to streamline and financial tracking. Merchant payment processing is facilitated through Mint Payments and , accepting major cards including , , , and Diners Club for both in-store (via terminals) and online transactions, alongside Osko for real-time payments using PayID. The Business Cash Management Account complements these by earning interest on balances over $5,000 with no monthly fees, aiding efficient fund management. Additional support includes management advice through detailed forecasting tools and guides to optimize collections and levels, as well as invoice financing where unpaid invoices serve as security for partial advance payments to bridge funding gaps. While options are not explicitly offered, commercial lines of credit and overdrafts provide flexibility that can assist regional exporters in managing international transactions. IMB also delivers via initiatives to foster local . For owner-operators, IMB enables seamless integration between business and personal accounts via its Internet Banking platform, allowing unified management of transactions, limits, and under the Consumer Data Right framework. Customization is a core feature, with tailored packages developed by Business Banking Managers for sector-specific needs, such as solutions or agricultural equipment financing in the and Hunter regions, ensuring alignment with local economic priorities.

Community Involvement

Sponsorships and local initiatives

IMB Bank has maintained long-standing partnerships with local sports organizations in the Illawarra and Hunter regions, including sponsorships of junior rugby leagues such as the Cronulla Junior Rugby League and Hunter Junior Rugby Union through initiatives like the Stars of the Season competition. The bank also supports soccer via its partnership with Football South Coast, the governing body for football in the Illawarra and parts of the NSW South Coast, and netball as the naming rights sponsor for the IMB South Coast Blaze in its third year. Additionally, IMB backs 106 junior clubs across various sports, including football and surfing, fostering community participation and youth development in these areas. In terms of civic support, IMB Bank provided $100,000 in immediate aid to bushfire-affected communities on the NSW South Coast and Southern Highlands during the 2019–2020 bushfires, alongside ongoing disaster relief measures such as loan moratoriums and fee waivers for impacted members. The bank funds education programs and workshops through its dedicated initiatives, including a program aimed at enhancing members' understanding of . These efforts extend to broader , with resources available via the bank's vulnerability hub to promote . IMB Bank's referral and fundraising programs enable member-driven support for charities, with the Home Loan Referral Program rewarding eligible organizations and clubs—such as sports teams and non-profits—with $500 commissions for each settled home loan referred, facilitating in-kind and monetary contributions to local causes. In addressing social issues, the bank made a 2024 commitment to combat financial abuse by enhancing member safety through policy advocacy, educational resources, and dedicated support via its vulnerability hub, including identification of at-risk accounts in credit assessments. To measure impact, IMB Bank tracks staff contributions through its and Community Services Leave Standard, providing one paid volunteer day annually to all employees, and reports on overall investment initiatives in its annual disclosures, emphasizing non-foundation engagements like sponsorships and direct support programs.

IMB Bank

The IMB Bank Community Foundation was established in 1999 as a dedicated philanthropic entity to formalize and expand the bank's community giving initiatives, drawing from its profits as a customer-owned mutual to support not-for-profit organizations in the regions it serves, including , South Coast, Newcastle, and . This structure aligns with IMB Bank's mutual values by channeling resources into projects that promote long-term community prosperity, connection, and , ensuring that giving is transparent and strategically focused on local impact. The operates annual programs, offering a total pool of approximately $730,000 in 2025 for eligible not-for-profit groups, with individual up to $30,000 per . Applications are submitted online, typically opening in May and closing in June, with recipients announced in October following a rigorous by the 's committee. Criteria emphasize impact, self-sustainability, , strong community ties, and demonstrable commitment from applicants, prioritizing initiatives in , and . For instance, funded have included support programs for all ages, inclusive sporting facilities to foster youth engagement, and enhancements to rural fire services for emergency response in underserved areas. Over its 26 years, the foundation has donated more than $13 million to over 1,100 projects, with 58 initiatives funded in 2025 alone, covering diverse needs such as services, family support, and environmental efforts. is provided by the IMB Community Foundation Committee, which operates under the oversight of IMB Bank's board, ensuring through annual transparency reports and public listings of all funded projects on the bank's website. This framework reinforces the foundation's role in amplifying the bank's commitment to mutual benefit, where community reinvestment directly enhances the well-being of members and local economies.

Recognition and Performance

Awards and customer satisfaction

IMB Bank has received several notable recognitions for its and innovative practices. In 2020, it was named one of the World's Best Banks by , based on a global survey of 40,000 customers evaluating service quality and innovation across 30 countries, placing IMB among Australia's top four banks in this category. In 2022, IMB Bank was awarded Canstar's Most Satisfied Customers in both the overall banking and customer-owned banking categories, derived from an independent survey of over 2,600 assessing factors such as , value for money, and product range. This accolade underscores IMB's strong performance relative to competitors. The bank has also earned awards from the Customer Owned Banking Association () for excellence in mutual banking, including the 2024 Bridges Emerging Leader award to IMB management accountant Adam Karayiannis for his contributions to financial abuse prevention initiatives. In 2024, IMB received further recognition through for its collaborative efforts with other mutual banks to combat financial abuse, emphasizing proactive measures like enhanced account monitoring and support for affected members. Additionally, IMB Bank received the 2023 Employer of Choice for Citation from the Workplace Gender Equality Agency (WGEA). In 2025, IMB Bank was recognized as a winner in two savings categories at the Mozo Experts Awards. Customer satisfaction metrics further highlight IMB's strengths, with member feedback surveys yielding a 95% satisfaction rating and a (NPS) that significantly surpasses those of Australia's major banks, reflecting high loyalty driven by responsive support in branches and digital platforms. These scores, consistently above industry averages, stem from personalized interactions and quick resolution of queries. As a customer-owned mutual bank, IMB's structure fosters greater compared to shareholder-driven major banks, as profits are reinvested to benefit members rather than distributed to external investors, leading to tailored services and community-focused decisions that enhance trust and engagement. This model has been credited in industry analyses for contributing to IMB's superior customer loyalty metrics over traditional s.

Financial results and growth

IMB Bank's total assets surpassed $7.3 billion by the end of the 2023 , marking continued expansion that began with the 2020 merger with Hunter United Employees' Credit Union, which integrated additional branches and significantly enhanced its asset base to $6.8 billion at that time. In the following 2023-2024 , assets grew by 7.3% to reach $8.1 billion, supported by robust lending activity. This upward trajectory persisted into 2024-2025, with assets increasing 4.9% to $8.5 billion, reflecting prudent management amid a competitive banking landscape. In its 145th year of operation, IMB Bank achieved strong profitability for the 2024-2025 , posting a net profit after tax of $38.1 million—a 30% rise from the prior year—fueled by a 6.6% expansion of its loan book to $6.9 billion and disciplined cost management that lowered the expense-to-income ratio. Record loan approvals of $2.1 billion underscored the bank's emphasis on residential lending, aligning with broader housing market dynamics such as demand for home loans in regional areas. Reflecting this performance, the board approved a final of 11.5 cents per share, payable to eligible shareholders. Strategic initiatives bolstered IMB's financial position, including off-market share buybacks executed in 2024 to optimize and return value to shareholders. The bank, regulated by the Australian Prudential Regulation Authority (APRA) and affiliated with the , exhibited resilience against economic headwinds like hikes, maintaining positive asset and deposit growth without compromising capital adequacy. For sustained expansion in regional markets, IMB Bank has prioritized investments in , such as introducing biometric authentication and streamlining loan processes to enhance customer access and operational efficiency.

References

  1. [1]
    IMB founded in 1880 by Wollongong businessmen | Illawarra Mercury
    On March 2, 1880, the first committee meeting was held to elect trustees. Those elected were Alfred A.Turner, Philip Mackel and William Robson. Directors were ...
  2. [2]
    IMB Bank | Mortgage Professional Australia
    IMB Bank began in 1880 in Wollongong as the Illawarra Mutual Building Society, created to help local people buy their own homes. Over the years, the bank grew ...
  3. [3]
    About Us - IMB Bank
    Supporting people and communities since 1880. One of Australia's most enduring financial institutions, IMB is right by you. More on IMB. Investor Centre.
  4. [4]
    IMB Bank - Customer Owned Banking Association
    Established in 1880, IMB Bank is one of the most enduring financial institutions in the country, helping people achieve their financial goals for over 140 ...
  5. [5]
    IMB Bank - Overview, News & Similar companies | ZoomInfo.com
    Founded in 1880, IMB Bank is a company that provides a full range of home, personal and car loans, transactions, savings, and investment accounts.
  6. [6]
    None
    Summary of each segment:
  7. [7]
    IMB Bank | Company Overview & News - Forbes
    IMB Bank ; Industry: Banking ; Founded: 1880 ; Headquarters: Wollongong ; Country/Territory: Australia ; CEO: Robert Ryan.
  8. [8]
    IMB Bank tops Canstar's Customer Satisfaction awards
    Jul 27, 2022 · IMB Bank has been awarded two prestigious Canstar accolades in 2022: Most Satisfied Customers – Bank, and Most Satisfied Customers – Customer Owned Bank.
  9. [9]
    IMB Bank recognised by Forbes as one of Australia's best four banks
    IMB Bank has been named one of Australia's top four banks by influential American business magazine Forbes. Employees...
  10. [10]
    05 Mar 1880 - Illawarra Building Society. - Trove
    1880 'Illawarra Building Society.', Illawarra Mercury (Wollongong, NSW ... 1880, Page 2 - Illawarra Building Society. You have corrected this article ...
  11. [11]
    [PDF] A History of Australian Co-operatives 1827–2023
    ing building society is the Illawarra Mutual Building Society, now IMB bank, formed in 1880 at Wollongong (Butlin, 1964, pp. 249–253). NSW building.
  12. [12]
    IMB Bank - Facebook
    Jul 15, 2020 · A Moment In Time: BIGGER, BETTER, BRIGHTER In 1971, IMB moved into a newly completed Head Office and branch at 110 Crown St. New branches ...
  13. [13]
    Bank Deregulation in Australia: Choice and Diversity, Gainers and ...
    This paper explores the issues of choice and diversity and internal cross-subsidies in the deregulated banking system.Missing: IMB mutual
  14. [14]
    IMB applies to become a Mutual Bank
    May 15, 2015 · IMB's intention is to begin trading as IMB Bank on 1 August 2015. Converting IMB from a mutual building society to a mutual bank has been under consideration.Missing: rebranding | Show results with:rebranding
  15. [15]
    IMB approved to become a mutual bank
    Jun 24, 2015 · IMB announced yesterday that it would begin trading under the name IMB Bank on August 1. IMB, which has around 180,000 members and A$5 billion ...
  16. [16]
    IMB Bank Mobile App
    A smarter, simpler, more secure way to do your online banking. Future-facing and feature packed it comes with biometric ID, secure in-app messaging, easy ...What's New? · Other Features You'll Love · How To Get Started Using The...
  17. [17]
    [PDF] About IMB
    Sep 14, 2020 · Established in 1880, IMB Bank is one of the most enduring financial institutions in the country, helping people achieve their financial goals ...
  18. [18]
    IMB Bank completes merger with Hunter United Employees' Credit ...
    May 4, 2020 · IMB Bank has completed its merger with Newcastle-headquartered Hunter United Employees' Credit Union Ltd ('Hunter United') after receiving regulatory approval.
  19. [19]
    Transfer of Business from Hunter United Employees' Credit Union to ...
    Apr 24, 2020 · The transfer will take place on 1 May 2020, at which time all members of Hunter United will become members of IMB Bank. As previously ...
  20. [20]
    IMB expands financial support measures for customers impacted by ...
    IMB Bank today announced a comprehensive range of initiatives to support its customers affected by the Covid-19 pandemic.Missing: waivers | Show results with:waivers
  21. [21]
    [PDF] Building a stronger future for our members
    Aug 25, 2021 · Given the continuing risks and uncertainty faced by all as a result of. COVID-19, the 2021 IMB Bank AGM will be held as a virtual meeting. To ...
  22. [22]
    Illawarra Series 2025-1 RMBS Trust - Fitch Ratings
    Oct 21, 2025 · The issuance consists of notes backed by a pool of first-ranking Australian residential full-documentation conforming mortgage loans originated ...
  23. [23]
    Presale: Illawarra Series 2025-1 RMBS Trust | S&P Global Ratings
    Oct 22, 2025 · Issuance statistics. IMB has issued eight publicly rated Australian prime RMBS transactions since 2003, with a total issuance of A$3.21 ...
  24. [24]
    Home Loans - Flexible options, competitive rates
    ### Summary of IMB Bank Home Loan Products
  25. [25]
    Bank Accounts - Everyday, Savings & Term Deposits - IMB Bank
    Everyday bank accounts to help manage your money and Savings and Terms Deposits to grow your money. Open an account in less than 5 minutes online.Welcome to Internet Banking · Saving Accounts · Transaction Accounts
  26. [26]
    Insurance - IMB Bank
    Insure your house, the things inside it or your portable contents. With products and options to tailor your cover, you can select the right product for you.
  27. [27]
    Financial Planning - IMB Bank
    This personalised report provides valuable insights into your current financial position and helps you plan for the future you've always dreamed of.How Financial Advice Can... · Get A Complimentary Initial... · Your Security, Our Priority
  28. [28]
    Ways to Bank with IMB
    ### Summary of IMB Bank's Digital Tools and Support
  29. [29]
    Business bank accounts | Loans, finance, business cards and more
    IMB Bank offers business accounts, loans, real estate accounts, employee payroll, payment acceptance, treasury, equipment finance, and overdraft services.How We Can Help You · Manage And Grow Cash · Your Security, Our Priority
  30. [30]
    Business Loans - IMB Bank
    Our range of business loans includes small business loans, equipment finance, performance guarantee loans and overdrafts. Find out more.Dedicated Business Banking... · I Need Help With · Business Equipment Finance
  31. [31]
    Angle Finance - IMB Bank
    IMB Bank have partnered with Angle Finance, an Australia-based non-bank lender to support IMB members in growing their businesses.Primary Assets · How The Process Works · Got A Question On Equipment...Missing: financing | Show results with:financing
  32. [32]
    Business Accounts - IMB Bank
    We have business bank accounts to suit all businesses. Bank faster and smarter with realtime payments, accounting software feeds and mobile payments.% · Your Security, Our Priority · Imb Bank Is One Of The Most...
  33. [33]
    Payment solutions for businesses - IMB Bank
    IMB Bank offers Mint for online/in-store payments, Osko for real-time payments, and merchant services for various cards, plus transaction accounts.
  34. [34]
    Growing your business - IMB Bank
    Prepare a detailed cash flow forecast to determine how much you may need, how you will repay the loan, and how long the loan term might be. From here, you ...4. Invest In Your People · Applying For A Business Loan · Renting
  35. [35]
    Running your business - IMB Bank
    In-depth step-by-step guide to running your business finances with a focus on cashflow and banking.How To Manage Your Small... · How To Manage Cash Flow · What Is An Overdraft And How...Missing: financing | Show results with:financing
  36. [36]
    Your local business banking support - IMB Bank
    Our dedicated team of Business Banking Managers can help you get fast, tailored support to grow your business and keep your customers happy. ‍ With decades ...Business Banking Manager · Whatever Stage Your Business... · Your Security, Our PriorityMissing: retail agriculture
  37. [37]
    IMB Bank Internet Banking
    IMB Internet Banking allows you to manage cards, view balances, transfer funds, pay bills, manage PayID, and send money externally.Missing: 2010s | Show results with:2010s
  38. [38]
    Football South Coast - IMB Bank
    The governing body for football in the Illawarra and parts of the NSW South Coast, Football South Coast provides a range of programs for all sections of the ...Missing: sponsorships rugby arts Hunter
  39. [39]
    None
    Below is a merged summary of the Community Engagement and Related Sections from the IMB Bank Annual Report 2025, consolidating all information provided across the four segments. To retain maximum detail and ensure clarity, I’ve organized the information into a table format, followed by a concise narrative summary and a list of useful URLs. The table captures all specifics mentioned across the segments, avoiding redundancy while preserving every detail.
  40. [40]
    IMB Bank offers a helping hand to bushfire affected communities
    IMB Bank today announced immediate support for bushfire-ravaged communities on the NSW South Coast and Southern Highlands through a $100,000 ...
  41. [41]
    Community & Social Responsibility - IMB Bank Careers
    IMB sponsors programs, projects, and local initiatives, with employee volunteering and fundraising. They also have a Financial Literacy program and Kickstart ...
  42. [42]
    Referral Program - IMB Bank
    IMB's referral program pays a commission for referred home loans. Non-profits get a flat fee, while commercial businesses get 0.25% of the loan amount.Missing: charities | Show results with:charities
  43. [43]
    [PDF] Home loans that help your community.
    How can IMB help your community group? If you join the IMB Bank Referrer Program, your club or organisation will be rewarded with $500 each time you refer a ...
  44. [44]
    [PDF] 4 September 2024 Parliamentary Joint Committee on Corporations ...
    Sep 4, 2024 · This commitment extends to supporting the financial safety and security of IMB's members and taking a firm stand against financial abuse. IMB ...
  45. [45]
    Financial abuse support - IMB Bank
    What is financial abuse? Financial abuse is when someone obtains an unlawful or unauthorised benefit from the money or assets of a vulnerable person. People ...Missing: commitment combating 2024
  46. [46]
    IMB Community Foundation - Applications Open
    Since 1999, the IMB Bank Community Foundation has supported hundreds of not-for-profit projects that help build better, brighter communities.Missing: Hunter | Show results with:Hunter
  47. [47]
    How IMB Bank's Foundation has achieved 25 years of community ...
    Dec 16, 2024 · The IMB Bank Community Foundation has been supporting local initiatives in the communities the customer-owned bank serves since 1999.
  48. [48]
    IMB Bank Community Foundation announces over $700,000 ...
    For over 25 years, the IMB Bank Community Foundation has funded more than 1,000 projects, with over $12 million in grants to local not-for-profit organisations ...Missing: annual | Show results with:annual
  49. [49]
    IMB Bank Community Foundation Grant
    The IMB Bank Community Foundation Grants provide funding of up to $30,000 for grassroots community projects across regions where IMB Bank operates.Missing: total annual
  50. [50]
    IMB Bank Community Foundation - Funded Projects
    Explore the diverse and grassroots community projects we are proud to support with IMB Bank Community Foundation grant funding over the years.Missing: local | Show results with:local
  51. [51]
    IMB Bank Community Foundation Grant Recipients 2025 - LinkedIn
    Oct 28, 2025 · This year, 58 projects will receive Foundation funding, each one reflecting the care, compassion, and commitment of our community heroes. Here ...
  52. [52]
    [PDF] 2023 - Modern Slavery Statement
    The governance pillar focuses on IMB Bank's overall governance structure, including its policies, procedures, and decision-making processes. This includes.
  53. [53]
    IMB Bank announces strong financial results for 2024-2025
    Aug 27, 2025 · IMB Bank today released its financial results for the period ended 30 June 2025. In its 145th year of service to members, IMB Bank focused ...Missing: issuance | Show results with:issuance<|separator|>
  54. [54]
    Banking Customer Satisfaction Awards 2022 - Canstar
    Jul 27, 2022 · IMB Bank took out both the overall bank and the customer-owned bank categories in Canstar's Most Satisfied Customers Awards in 2022. There ...
  55. [55]
    COBA Member IMB Bank Receives Workplace Gender Equality ...
    Mar 31, 2023 · COBA Member IMB Bank Receives Workplace Gender Equality Citation. By ... IMB Bank was recently awarded the Employer of Choice for Gender ...
  56. [56]
    Congratulations Adam Karayiannis - Emerging Leader
    Sep 24, 2024 · Adam Karayiannis from our Finance division has been named the 2024 COBA Bridges Emerging Leader at the annual Customer Owned Banking Association (COBA) ...
  57. [57]
    Customer-owned banks shine light on financial abuse
    Oct 8, 2024 · Customer-owned banks such as Beyond Bank and Hume Bank are taking concrete steps to stop the scourge of financial abuse that affects the lives of many ...Missing: commitment | Show results with:commitment
  58. [58]
    [PDF] IMB Ltd 2024 Annual General Meeting
    Oct 29, 2024 · IMB Ltd trading as IMB Bank ... show a member satisfaction rating of 95% and a net promoter score that's far better than the scores any major bank ...
  59. [59]
    IMB Bank announces 2021-2022 financial results and election of ...
    Aug 30, 2022 · “Our ongoing success in helping members to reach their financial objectives, has recently been recognised with IMB being awarded Canstar's Most ...
  60. [60]
    Customer-owned banks serve the most satisfied banking customers
    Aug 25, 2022 · COBA members also took out top spots in recent finance ... Awards and Canstar's 2022 Awards named IMB as the most customer-satisfied bank.
  61. [61]
    IMB Announces Solid Financial Results for 2022-2023
    Aug 30, 2023 · IMB's 2022-2023 results include a 23.1% increase in net profit after tax, a 17.3% increase in loan approvals, and a 7.2% growth in deposits.
  62. [62]
    IMB announces solid core operating result for 2019-2020 in ...
    Sep 14, 2020 · Total assets grew by 11.7% to $6.8 billion, supported by strong growth in IMB Bank's lending book to $5.4 billion. Excluding the effects of the ...
  63. [63]
    IMB announces financial results for 2023-2024
    Aug 28, 2024 · IMB Bank delivered stable financial performance for the 2023-2024 financial year, with notable improvement over the second half.<|control11|><|separator|>
  64. [64]
    IMB Bank reports solid interim financial results for 1H25
    Feb 5, 2025 · Total assets increased to $8.3 billion, up 2.3% from June 2024. We were also encouraged by the improvement in the expense-to-income ratio to ...Missing: 2023 | Show results with:2023
  65. [65]
    Regulatory Disclosures - IMB Bank
    From 1 January 2023 IMB is no longer required to make APS 330 disclosures. From the March 2023 quarter onwards, APRA will be publishing a centralised ...Missing: COBA compliance
  66. [66]
    Fitch Affirms Australia's IMB at 'BBB+'; Outlook Stable
    Jun 17, 2024 · We forecast IMB's stage 3 loan/gross loan ratio to rise to about 0.3% by financial year-end 30 June 2024 (FYE24), from 0.2% at FYE23.