Company type | Subsidiary |
---|---|
Industry | Banking, Financial services |
Predecessor | Bank of Melbourne (1989) |
Founded | 25 July 2011 |
Headquarters | Melbourne, Australia |
Number of locations | 12 (17 September 2024) |
Area served | Victoria, Australia |
Key people | Elizabeth Proust (Chairman) Mark Melvin (Chief Executive) |
Products | Personal Banking, Business Banking |
Number of employees | 1,000 plus |
Parent | Westpac |
Website | www |
The Bank of Melbourne is a financial institution operating in Victoria, Australia. A subsidiary of Westpac, it commenced operations on 25 July 2011.
The Bank of Melbourne initially rebadged the Victorian business of St George Bank, another wholly owned subsidiary of Westpac, as part of a major local branding strategy. The customer-facing activities of the business operate independently of Westpac. Westpac has owned the Bank of Melbourne, and the rights to the brand, since its acquisition of the bank in 1997.[1]