subscribe to our newsletter
Qantas Credit Union becomes a bank

Qantas Credit Union becomes a bank

Qantas Credit Union has officially changed its name, and unveiled a new website and banking app, in a bid to differentiate itself from its competitors.

The credit union will now be known as Qudos Bank. The name change came at the request of Qantas but was something the lender had been considering for some time.

Qudos Bank CEO Scott King said the new name and branding marks a significant milestone in the company’s history.

“Australia now has 12 credit unions which have made the move to include ‘bank’ in their name and have benefited from new membership and growth,” Mr King said.

“We’ll continue to be a customer-owned bank, with profits going back to our members in the form of better rates, fairer fees and more rewarding banking.”

As a part of the rebrand, Qudos also unveiled a new website, as well as an upgraded mobile banking app compatible with Android and Apple devices.

The bank said these changes represent phase one of its project to deliver technology enhancements over the next three years.

[Related: P2P funder announces rebrand]

Qantas Credit Union becomes a bank
mortgagebusiness logo

Latest News

Philip Lowe, the governor of the Reserve Bank of Australia, has said that he is “incredibly disappointed” and “appalled” at the beha...

The major bank has appointed a new chief information officer to replace Dave Curren, whose retirement has also been announced. ...

Borrowers paying lenders mortgage insurance should be offered more choice and ASIC should intervene to safeguard their interests, according ...

FROM THE WEB

podcast

LATEST PODCAST: Cash rate to remain unchanged, corporate cops for the banks and a new type of credit card

Do you expect access to credit to get harder this year?