30 January 2017
Targeting the Tech Sector with a Mutual Merger
DA would like to congratulate two of our clients, Intech Credit Union and Bank Australia, on their recent merger. The merger, which took place on January 1st 2017, resulted in Intech Credit Union changing their name to Intech Bank and establishing themselves as a division of Bank Australia.
Intech Bank have been providing products and services originally to Telstra and IBM employees and now to all Australian technology employees for over 50 years. They now intend to increase their customer base in the technology sector across Eastern Australia, which will be made possible by the greater scale and resources resulting from the merger.
We wish Intech Bank all the best in moving forward with their growth agenda.