The next chapter begins: Merger Vote Approved
Family First Bank members have voted overwhelmingly in favour of a merger with Beyond Bank Australia, with 89.6% supporting the proposal at a Special General Meeting in Lithgow, New South Wales, last night.
Both organisations have followed the required adoption and regulatory processes, and final approval documentation has been lodged with APRA with the merger to take effect from 1 March.
Beyond Bank Australia, one of the country’s largest member‑owned banks with more than 340,000 members and $11.05 billion in funds under management, said the merger reflects the strong alignment and shared purpose of the two organisations.
“Beyond Bank and Family First Bank have a long history of supporting the communities we serve,” said David Marshall, CEO of Beyond Bank Australia.
“This merger strengthens that commitment and positions us to deliver even greater benefits to members across regional New South Wales.”
The merger will see Family First Bank members gain access to Beyond Bank’s extensive regional and metropolitan network, along with a broader range of products, services, and digital capabilities.
“Importantly too, all Family First Bank employees have been offered roles within the merged organisation, and we’re excited to welcome them into the Beyond Bank team,” Mr Marshall said.
Family First Bank CEO Adam Marshall said the merger represents a major step forward for members and communities.
“Family First Bank has always been dedicated to providing ethical, community‑focused banking,” Mr Marshall said.
“Joining with Beyond Bank allows us to expand our offering while staying true to the values our members trust.
“This partnership ensures our members will continue to receive the personalised service they value, supported by the strength and scale of a leading customer‑owned bank.”
The merger becomes official on 1 March 2026, while the technology and banking systems members use will move across in early June. This staged approach ensures a smooth transition with no expected disruption to members.
What happens next:
Planning is now underway for the banking systems integration, which is scheduled for 7 June 2026. Further updates will be provided as this work progresses
Merger Benefits:
- Support of an Australian-based call centre with extended hours
- Access to over 50 branches across Australia offering specialised services
- Access to a broader and more competitive range of products and services
- Enhanced award winning technology
- Advanced fraud prevention technology
- Better resourced by the strength of an organisation with greater market influence
- Stronger community investment with B Corp certification, grants and partnerships
- Recognition of loyalty with access to Life Member Program benefits
- Expanded career opportunities for staff
- Business Banking services
- Greater financial education and wellbeing support
About Beyond Bank Australia
Beyond Bank is one of Australia’s largest customer-owned banks with branches and offices in New South Wales, South Australia, Western Australia, ACT and Victoria. We partner with more than 6325 community organisations around the nation to create and return value for our customers and communities and, through this, change lives. Beyond Bank is a B Corp, a business that is certified as meeting high standards of social and environmental impact, ensuring their practices and outputs benefit all people, communities and our planet. To learn more, visit beyondbank.com.au
Further media information:
Georgina McGuinness, Media Relations
Beyond Bank Australia
T: 0488 247 777
E: georgina@mcguinnessmedia.com.au
Sophie Scott-Young
National Operations Manager
Beyond Bank Australia
T: 0457 542 344
E: sscott-young@beyondbank.com.au
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