We’re increasing our variable home loan interest rates by 0.25% p.a., effective Friday 27 February 2026.
We are currently reviewing our savings and investment rates.
Geelong Bank is pleased to invite members to vote on the proposed merger with Hume Bank following preliminary approval from the Australian Prudential Regulation Authority (APRA).
Members can vote by proxy or at Geelong Bank’s Special General Meeting of Members at 5pm on Thursday 19 March, 2026.
Why we need a stronger foundation to support our members
While Geelong Bank is a strong and successful institution, the banking environment is becoming more complex and competitive. We want to offer our members a wider range of products and services than what is feasible for small mutual banks with limited resources.
In Hume Bank, we have found a merger partner that shares our commitment to customer ownership, strong member relationships and community outcomes. If approved, the merged bank will bring all the benefits of a larger bank while keeping its community focus and commitment to regional areas.
Everything you have today — plus more tomorrow
Geelong Bank members will form a meaningful part of the future organisation, automatically becoming members with voting rights and member obligations. Your ownership, your voice, and your access to services will remain, as will the Geelong Bank name, branch and staff.
In addition, Geelong Bank members will have more choice and value with access to physical and digital credit cards, business accounts, bank guarantees, bridging finance, line of credit loans and insurance products.
Why Hume Bank
As an organisation created by and for the community, Hume Bank is about being more than a bank. As a 100% customer-owned bank, everything Hume Bank earns goes back into making their products the best they can be. Everything Hume Bank earns goes back into making their products the best they can be. Established in 1955 in Albury Wodonga, the bank uses the power of banking to have a positive impact on the communities they are a part of, whether it’s through sponsorships, grants or other means. As other banks close their doors, Hume Bank opens more. They are proud to have the largest network of branches in their region with 15 branches throughout North-East Victoria and Southern New South Wales.
Your vote matters
To help members make an informed decision, we urge you to carefully read the following materials:
How to vote
Eligible members can vote on the merger in these ways:
Next steps for members
After a detailed process of due diligence, consultation and strategic assessment, both Boards are unanimous in their recommendation: we strongly encourage you to vote in favour of this merger.
We believe that the merged entity will provide greater resilience, capacity to invest, and ability to deliver on what members need now and into the future.
Reach out with any questions
If you need help with further questions, go to geelongbank.com.au or contact us at any time via AskUs@geelongbank.com.au or by calling 1300 361 555.
In the meantime, our team remains focused on delivering the outstanding banking experience you have come to expect.
Learn more and read our FAQs:
Click here to see our previous communication regarding merging with Hume Bank