Great Southern Bank welcomes new partnership with aggregator Lendi
19 July 2022
Australia’s largest customer owned bank, Great Southern Bank, is today joining Lendi Group’s lending panel, building a new pipeline of customers to the bank and supporting its purpose of helping all Australians to own their own home.
Across the Lendi, Aussie and Domain Home Loans brands, the Lendi Group has over 1,000 brokers and 230 retail stores across the country. As Australia's largest retail mortgage broker and number one home loan platform, the partnership will add more choice to both Great Southern Bank’s and Lendi Group’s customer offering.
Megan Keleher, Chief Customer Officer of Great Southern Bank, said: “This is an important partnership for Great Southern Bank, underpinned by a shared commitment to helping more Australians achieve their home ownership dreams. Through our investment in new technology and commitment to continuous improvement, we are making the home loan application process faster and more efficient for our broker partners.”
Brad Cramb, CEO of Distribution, Lendi Group, said: “Lendi Group is committed to giving our customers the most competitive deal for their personal circumstances, which means giving them as much choice as we can. With Great Southern Bank joining our lending panel, we are adding mortgage products and solutions that particularly address the needs of first home buyers. Great Southern Bank understands the power of our network particularly considering over three quarters of their home loans are currently delivered via brokers.”
At its half year results Great Southern Bank reported that:
- home loan approval times had halved over the previous 12 months;
- the bank had doubled the number of loans it processed; and
- more than 3,000 customers had been helped to buy their own home through Australian Government homebuyer support schemes.
Under this partnership, Greater Southern Bank loan options will be made available to its customer members through the Lendi Group platform from 18 July.
About Great Southern Bank
For over 75 years, we’ve been putting our customers first, and today we look after the financial needs of more than 381,000 Australians. We have changed our name from CUA to Great Southern Bank but we remain customer-owned and firmly focused on helping all Australians own their own homes.
Media contact:
Michael O’Toole
Corporate Communications Manager
Mobile: 0428 051 754
Email: Michael.otoole@gsb.com.au