Bank of Melbourne is a new fresh bank that focuses on servicing the local Victoria Market. Bank of Melbourne is backed by one of Australia's largest bank's Westpac.
Bank of Melbourne is a subsiduary of Westpac and commenced operations on 25 July 2011. Bank of Melbourne is a new approach to banking, focusing on the benefits of dealing with a locally run bank, staffed by locals.
Bank of Melbourne currently offers personal banking, business banking and corporate banking services. With many products that you would expect of a big full service bank such as home loans, savings accounts, credit cards and Insurance and Investment products. It is early days for Bank of Melbourne however we would expect to see a big uptake in their offerings from loyal Melbourians.