Bluestone partners with NRL club

Bluestone Home Loans has signed on as national rugby league club Penrith Panthers’ official home loan partner for the next three years, the club announced.

Panthers’ head of partnerships Jeremy Tuite said that there would be a range of initiatives under the partnership to assist members of the club and fans “understand more about home loans and to help them realise the dream of owning their own home”.

Commenting further, Mr Tuite said: “We’re very excited to welcome Bluestone Home Loans to the club’s corporate network.

“From our initial discussions, it was immediately clear that Panthers and Bluestone are aligned on our strong community values.”

Bluestone CEO Campbell Smyth said the lender is looking forward to working closely with the Panthers club over the next three years “to make a significant, positive impact”.

“Bluestone is proud to partner with Panthers and support a club that truly supports its community,” he said.

“We’ve been blown away by their dedication to their passionate members, Panthers Juniors and the Penrith region.

“At Bluestone, our biggest asset is our people, and it is clear to us that Panthers feels the same way about their community.”

He added: “The Panthers partnership is all about enablement, and what Bluestone does is enable more Aussies to live the dream of owning their own home. It really resonates that the Panthers care about their local community and are supportive of rolling out further community and social initiatives in conjunction with Bluestone.”

According to the Panthers, the partnership will see the Bluestone logo feature on the club’s playing jerseys in 2022 and 2033.

Bluestone and the Panthers will also work together on a number of joint community and social initiatives over the next three years.

Bluestone – which was founded in Sydney two decades ago – reported a 23 per cent increase in its loan book over the 2020 financial year, which it attributed to the launch of a new line of prime products in November 2019.

[Related: Bluestone appoints chief technology officer]