UBank

UBank

Company type	Division of National Australia Bank
Industry	Financial services
Founded	1 October 2008
Headquarters	Sydney, Australia
Key people	Philippa Watson (CEO) Gerd Schenkel (Founder) Greg Sutherland (Founding Chair) Ahmed Fahour (Founding CEO Sponsor)
Products	Banking, financial and related services
Website	ubank.com.au

UBank is an Australian direct bank, that operates as a division of National Australia Bank (NAB). It was established in 2008, and provides savings products and home loans online and over the phone.

UBank operates under NAB's banking licence and uses its balance sheet, risk management and technology infrastructure. UBank also participates in the Australian government's deposit guarantee scheme.^[1]