Interest rate changes announcement.
Understanding the Reserve Bank’s recent cash rate decision and what it means for you. On Tuesday, 3 February, the Reserve Bank of Australia (RBA) announced an increase to the official cash rate of 0.25%, bringing it to 3.85%. As a customer-owned bank, Summerland Bank carefully considers how changes like this affect our customers and the […]
Changing our hours to better support you.
We’re making a small change to our Lismore branch trading hours to help us better support you and align with our other branches. We know how important it is to have access to banking services early in the day. By continuing to open at 9:00am, we can be available when many customers need us most, first thing in […]
Check the Name. Spot the Scam – Confirmation of Payee is here
Confirmation of Payee is an industry-wide service designed to help protect you from scams or mistakenly sending money to the wrong account. This built-in check has now been rolled out at Summerland Bank in line with all banking institutions across Australia. Confirmation of Payee helps safeguard people and businesses from fraud, scams, and mistaken payments. […]
Purple Friday.
On Friday 28 November, Summerland Bank will be participating in Purple Friday, a powerful initiative that takes a stand against Domestic and Family Violence and promotes Respectful Relationships. This day forms part of the Rotary South Pacific National Day of Action, aligning with the internationally recognised 16 Days of Activism. By wearing purple, communities across […]
A message from our CEO: APRA approval marks a key milestone in our journey.
We are excited to share some good news! The Australian Prudential Regulation Authority (APRA) has approved the planned merger between Summerland Bank and Regional Australia Bank. This merger aims to bring our customers improved and accessible banking across our regional communities. APRA gave the green light on 28 August 2025. Now, it is up to […]
Banking for people and community: A proposed merger that reflects our customers’ values.
At a time when the big banks can feel out of touch with the communities they serve, the proposed merger between Summerland Bank and Regional Australia Bank offers a refreshing alternative — one built on mutual ownership, ethical practices, and a deep commitment to invest in the future of regional banking. This merger would ensure […]
Advance notice of Annual General Meeting.
Summerland Financial Services Limited, trading as Summerland Bank, will hold its 43rd Annual General Meeting (AGM) on Wednesday, 19 November 2025, at Lismore Worker’s Club, located at 225-231 Keen Street, Lismore NSW. The meeting will commence at 6:00 pm (NSW daylight-saving time). Two (2) director positions will be declared vacant at the 2025 AGM as […]
Banking made simple: explore the new features in our app.
We’re excited to roll out new features and improvements designed to make your app experience smoother, safer, and more intuitive. These updates not only enhance how you interact with the app day to day, they also strengthen overall security and help us prepare for the upcoming Confirmation of Payee rollout. Here’s what’s new in Version […]
From deposit to doorstep: buying your first home made simple.
Buying your first home? Here are 8 easy-to-follow tips to help you go from saving a deposit to stepping through your new front door. 1. Figure out your borrowing power Use online calculators or chat with a lender to get an idea of how much you can borrow. Things like your income, expenses, credit score, […]
A stronger future for regional banking starts here.
Summerland Bank and Regional Australia Bank are proposing a merger to create a stronger, more resilient, community-focused regional bank. This is grounded in shared values and a commitment to delivering more for you, our customers, and the communities we serve. Together, we can deliver more value, more innovation, and more support for the places we call […]