Newcastle Permanent

Newcastle Permanent was an Australian building society, and is now a brand of Newcastle Greater Mutual Group,^[3] as a result of a merger with Greater Bank.^[4] Its head office is located in Newcastle, New South Wales, Australia.

Newcastle Permanent

Company type	Private
Industry	Banking and financial services
Founded	2 February 1903 (as Newcastle District Starr-Bowkett Society) 1939 (as Newcastle Cooperative Building and Investment Society Limited)[1]
Headquarters	Newcastle, New South Wales, Australia
Products	Retail Banking
Total assets	AUD $10.7 billion (2019)[2]
Website	www.newcastlepermanent.com.au

History

• 1903 – Founded as a Starr-Bowkett Society in the Newcastle suburb of Wickham on 2 February 1903
• 1939 – Newcastle Permanent Building Society was established
• 1966 – First branch was opened to customers
• 1970 – Introduced its famous ‘house’ logo
• 1983 – Relocation of office headquarters to King St, Newcastle
• 1984 – Installation of Newcastle Permanent's first ATM
• 2001 – Internet banking was launched for Newcastle Permanent customers
• 2004 – The Charitable Foundation distributed its first grant
• 2018 – Celebrated 115 years of banking.
• 2023 – Merged with Greater Bank

In November 2022, Newcastle Permanent's members voted to merge the society with Greater Bank, to take effect in March 2023, provided regulatory approval.^[5] Both brands were planned to continue.^[4]