JOINT MEDIA RELEASE

MEMBERS EQUITY BANK JOINS THE AUSTRALIAN BANKERS’ ASSOCIATION

Sydney, 28 April, 2005: The Australian Bankers’ Association (ABA) has welcomed Members Equity Bank to its membership.

Members Equity Bank provides Australians with a range of banking services, including home loans, savings accounts, credit cards and personal loans, and is owned by industry superannuation funds.

Members Equity Bank CEO, Anthony Wamsteker, said: “We have joined the ABA because it fits within our strategy to further advance the interests of our customers and stakeholders.”

“The banking industry is at the forefront of unprecedented business and social change and through our membership we hope to have an active voice on issues which are important to our customers.”

“The ABA is an important industry forum, and by becoming a member we look forward to the opportunity to take an active role in developing the ABA’s policies.”

The ABA is looking forward to the contribution of Members Equity Bank and its perspective on the many issues in regulatory affairs that affect Australian financial services.

David Bell, Chief Executive of the ABA, said: “The addition of Members Equity Bank will further broaden the scope of the ABA membership and I am looking forward to their participation.”

With the addition of Members Equity Bank, the ABA’s membership now stands at 25 banks ranging from retail, trading bank-style organisations to regional banks, foreign and wholesale banks.



For further information:

Heather Wellard
ABA Public Relations 
Phone: 02 8298 0411
Mobile: 0409 830 439

Tony Beck 
Members Equity Bank Head of Marketing
Public Relations & Workplace Business
Phone: 03 9605 6011
Mobile: 0423 603 322


ENDS