A safer way to invest

Would you like to grow your wealth in a safe and secure environment? You won’t find a better place than at B&E Personal Banking. If you’re not one of the 40,000 Tasmanians who’ve already joined, now is the perfect time to make the move to B&E. Here are just a few reasons why:

Government guaranteed security.

We’re an Authorised Deposit-taking Institution (ADI), making us subject to the same close supervision as all banks. As you may have heard, the Australian Government has guaranteed all deposits with ADIs up to the value of $1 million until October 12, 2011. So you can be confident your money is in safe hands.

Proudly conservative.

We’re proud to say that we are a ‘conservative’ financial institution. It’s this approach that ensures our exposure to risk is minimal and that we are in excellent shape, despite the current market conditions and economic uncertainty.

Value for members, not profit for shareholders.

As a member-owned financial institution our focus is on providing value for our members, not profit for shareholders, ensuring that we can provide you with a range of products and services that are simply great value.

Proud and strong history.

We’ve been around since 1870, making us Australia’s oldest building society. We’ve successfully traded through good times and bad, and we continue to go from strength to strength.

Putting the ‘personal’ into banking.

We have a comprehensive and competitive product range designed to meet all your personal banking needs. Together with a state-wide branch network, online banking and dedicated Client Service Centre, you’ll be pleasantly surprised at what B&E can offer you.

If you have any questions, feel free to call us or drop into one of our branches.

Useful Fact Sheets:

Investing in B&E Personal Banking: Covers the way in which we raise and invest deposit funds, regulations that are in place to safeguard your deposit and where we place our high quality liquid assets.

Credit unions and mutual building societies - Growing from strength to strength: An insight into the strength of our industry through the eyes of our industry body ABACUS

Useful industry website:

Industry association for Australian credit unions and mutual building societies – ABACUS: www.abacus.org.au

Industry regulator – Australian Prudential Regulation Authority (APRA): www.apra.com.au