What's new in IMB

IMB Bank announced today that it will cut fixed home loan interest rates by between 10bps and 42bps for owner occupier borrowers.

IMB Bank has completed its merger with Newcastle-headquartered Hunter United Employees’ Credit Union Ltd (‘Hunter United’) after receiving regulatory approval from the Australian Prudential Regulation Authority.

IMB Bank today announced a comprehensive range of initiatives to support its customers affected by the Covid-19 pandemic.

Following a strategic review, IMB Bank has today announced the sale of its financial planning business to Bridges Financial Services (Bridges), effective May 1, 2020.

IMB Bank confirms that on 5 March 2020, the members of Hunter United Employees’ Credit Union Ltd (“Hunter United”) overwhelmingly approved the total transfer of business of Hunter United to IMB Bank, with 95% of eligible votes cast in favour of the resolution.

In response to the RBA’s decision to reduce the official cash rate, we will be reducing variable home and business lending interest rates by 0.25% p.a.

In a release issued today, the Customer Owned Banking Association (COBA) is warning banking customers in bushfire impacted areas to be alert to scam phone callers falsely claiming to represent a monitoring service.

IMB Bank today announced immediate support for bushfire-ravaged communities on the NSW South Coast and Southern Highlands through a $100,000 contribution from the IMB Bank Community Foundation, pledging $50,000 to the Vinnies Bushfire Appeal and $50,000 to community groups on the South Coast of NSW.

Community groups and charities will have the chance to unlock their future potential, as the IMB Bank Community Foundation (ICF) has now open submissions for its 2020 funding program, worth $600,000.