A Stronger Future for Our Members
Hume Bank and Geelong Bank have agreed to explore a strategic merger.
What this means for our members?
You’ll continue to bank as usual with the same staff, branches, and services for now. This step builds long-term strength to keep supporting members and local communities.
We remain focused on helping our members and local communities thrive for years to come.
Read our Key Information Statement
If you’d like to know more or have something to share, please reach out. You can email us any time at memberquestions@
Tell us your thoughts on the proposed merger
Have your say on the proposed merger between Hume Bank and Geelong Bank. Your feedback helps us understand what matters to you and how we can support you best.
FAQs
Is there any change to the Hume Bank name or services?
Hume Bank is around 13 times larger than Geelong Bank, so if the merger proceeds, Geelong Bank will become part of Hume Bank. There will be no change to the Hume Bank name, current products and services, or local branches and jobs because of the merger.
Why merge now? What are the benefits to members?
It is important that the bank continues to grow to deliver better member value through improvements in technology, new products and services, and risk management. Many other customer owned banks have disappeared over the last few years, and our plan for Hume Bank is to grow and be a strong and sustainable bank for generations to come.
What are the key milestones and timelines from today to completion?
There are additional steps that need to be taken to finalise a merger agreement. We have now completed the due diligence phase and have commenced the approval process. The final merger agreement and implementation is anticipated in quarter one of 2026.
Who will run the new merged bank?
Geelong Bank is significantly smaller than Hume Bank, so Geelong Bank will become part of Hume Bank. Geelong Bank employees will join the Hume Bank team under the Hume Bank executive.
How will members be kept up to date?
Our members are extremely important to us, and we will continue to keep you informed every step of the way, seeking regular feedback from you at key stages of the process. A number of consultation meetings have already been held and these will continue throughout the merger process to enable members to have questions answered and to provide feedback.