Media Centre
This section of our website will be useful for those people who are interested in ME Bank's current initiatives and community activities, particularly the media.
ME Bank welcomes media enquires and is happy to assist journalists with information about the bank, or comment about industry issues.
17 May 2012
ME Bank wins Gold for Second Consecutive Year at Mortgage of the Year Awards
ME Bank has been awarded a Gold Medal for Best Bank Standard Variable Home Loan at the 2012 Your Mortgage magazine Mortgage of the Year Awards for the second consecutive year.
7 May 2012
ME Bank lowers standard variable rate to 6.44%p.a.
Remains more than 50bps lower than the major banks
ME Bank has today announced that it will cut its variable mortgage rates by 30 basis points following the RBA's decision to lower the official cash rate to 3.75%. The rate cut ensures members of industry super fund and unions will still receive one of the most competitive rates on the market – currently more than 50 basis points lower than that of the nearest major bank – combined with lower fees and quality service.
3 May 2012
We are currently reviewing our interest rates following the recent decision by the Reserve Bank of Australia
Following the decision by the RBA to lower the official cash rate, we will be assessing the announcement and promise to keep you informed of our decision.
13 April 2012
ME Bank CEO warns banks not to follow ANZ's lead
Says consumers are hurting and it's up to banks to do what's right
ME Bank CEO Jamie McPhee has responded to ANZ's decision today to raise their interest rates by six basis points, urging banks yet to make any announcement not to use ANZ's decision as an open invitation to also hike rates.
10 April 2012
ME Bank takes the lead and holds interest rates
Won't wait and see what Big Four will do when customers want certainty now
Following the Reserve Bank's decision to maintain the official cash rate at 4.25%, ME Bank has today announced that despite continued funding pressures, it will hold its standard variable interest rates for the third month in a row.
15 March 2012
With MasterCard SecureCode, shopping online just got even better
ME Bank's low rate MasterCard customers now have an added level of security when they shop online with the launch of MasterCard SecureCode.
9 March 2012
ME Bank holds rates reinforcing commitment to genuinely fairer banking
ME Bank has today announced that despite the continued higher costs of wholesale market funding it will hold its standard variable interest rates for the second month in a row, following the Reserve Bank's decision to maintain the official cash rate at 4.25%.
2 March 2012
ME Bank wins Roy Morgan Bank of the Year award
ME Bank has won the overall Bank of the Year 2011 award by Roy Morgan at its inaugural Customer Satisfaction Awards gala dinner. The Roy Morgan Customer Satisfaction Awards are presented to businesses in Australia who are leading the way when it comes to satisfying their customers. ME Bank won the award based on feedback from ME Bank customers through in-depth interviews conducted by Roy Morgan.
13 February 2012
ME Bank follows RBA and holds interest rates
ME Bank has today announced that it will hold its standard variable interest rates following the Reserve Bank's decision to maintain the official cash rate at 4.25%. Keeping rates stable ensures that customers will continue to receive a fairer rate than those offered by the big banks.
21 December 2011
Home Loan Key Facts Sheets are now available
A Home Loan Key Facts Sheet (HLKFS) will summarise the key facts about our standard home loans, such as interest rates, the total cost of a loan, repayments and an explanation of how monthly repayments will be affected if interest rates increase or if you roll from a fixed rate.
13 December 2011
ME Bank Household Financial Health Dynamics Report Launches
New report set to shed light on Australian household finance
ME Bank will today launch a new report aimed at shedding fresh light on:
- The way Australian households feel about their financial comfort;
- The actual financial state of Australian households, and;
- The relationship between the two.
6 December 2011
ME Bank passes on full RBA rate cut
Reinforces commitment to genuinely fairer banking
ME Bank has committed to passing on the Reserve Bank's latest rate cut in full to its standard variable rate home loan customers, following the RBA's announcement earlier today.
"As part of our commitment to looking after customers over the long term and offering a fairer banking alternative, ME Bank has decided to pass on the full 0.25% p.a. reduction to our customers," said Mr Jamie McPhee, Chief Executive Officer.
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