Who Owns My Bank?

27 September 2017
Are you with a smaller bank or financial institution? Chances are it’s owned by another. Check out our complete guide to who owns who in the world of banking.

According to a consumer survey of more than 1,500 people undertaken by People?s Choice Credit Union, and released recently, 84% of respondents believed banks should have to disclose who owns them when they advertise, instead of it being buried in the fine print. The survey found some two-thirds of people thought multi-branding was used to trick customers about ownership, while only 30% of people saw it as fair.

The findings echo the results of an Essential Research survey of 1000 Australians conducted earlier this year, which found consumer confusion about multi-branding by the big banks. Just 52% of those surveyed were aware that St George was owned by a big four bank, and only 29% were aware that RAMS is likewise owned.

If you’re currently considering a home loan, the comparison table below displays some of the variable rate home loans on our database with links to lenders’ websites that are available for first home buyers. This table is sorted by Star Rating (highest to lowest), followed by comparison rate (lowest-highest). Products shown are principal and interest home loans available for a loan amount of $350K in NSW with an LVR of 80% of the property value.

Before committing to a particular home loan product, check upfront with your lender and read the applicable loan documentation to confirm whether the terms of the loan meet your needs and repayment capacity. Use Canstar’s home loan selector to view a wider range of home loan products.

*Comparison rate based on loan amount of $150,000 and a term of 25 years. Read the Comparison Rate Warning

So – who owns your bank?

Some of the Australian brands owned by a Big Four bank are as follows.


Who does Westpac own?


Who does Commonwealth Bank own?


Who does ANZ own?

  • Esanda


What other banks own

The big four aren’t the only banks in Australia that have ownership over other smaller institutions. The list below shows who owns who at the time of writing.

  • RSL Money
  • Queensland Professional Credit Union Ltd

Bendigo and Adelaide Bank Ltd

Community Alliance Credit Union

Community Mutual Ltd

Firefighters & Affiliates Credit Co-operative Ltd

  • Emergency Services Credit Union
  • Firefighters Credit Union
  • Fireys CU
  • IMG Credit Union


  • The Shire

Intech Credit Union

  • Telstra Credit Union

Maritime, Mining & Power Credit Union

  • Collie Miners Credit Union
  • Reliance Bank


  • Maleny Credit Union

MyState Bank Ltd

  • The Rock
  • Border Bank

Sydney Credit Union

  • Comtax Credit Union
  • Karpaty Ukrainian Credit Union
  • Security Credit Union

Transport Mutual Credit Union

  • RTA Credit Union

Of course, there is a great deal of vertical integration within insurance and other wealth management businesses as well. When it comes to banking though, a great way to check who owns your financial institution is to check your institution’s website and read the “about us” section carefully. If you?re still not sure, try ASIC’s list of Authorised Deposit-taking Institutions.

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