MyState Bank

MyState Bank, a leading Australian financial institution, focuses on simplifying financial management for its diverse clientele by eliminating monthly account fees and ATM withdrawal charges. Its award-winning service emphasizes customer satisfaction and accessibility.

Key offerings include the Glide Transaction Account for everyday banking and the Bonus Saver Account, which offers an attractive interest rate of up to 5.00% per annum. The bank also provides a variety of home loan products for both first-time buyers and seasoned investors, along with various insurance options to protect assets.

• Year Founded: MyState Bank was established in 2009, making it a relatively young but dynamic player in the Australian banking sector. Despite its relatively recent inception, the bank has quickly grown to serve over 170,000 customers, offering a range of financial products and services.
• CEO: Brett Morgan is the CEO of MyState Bank. Under his leadership, the bank has focused on simplifying banking for its customers, emphasizing transparency, customer service, and innovative financial solutions. His vision has been instrumental in driving the bank’s growth and success.
• Headquarters: MyState Bank is headquartered in Hobart, the capital city of Tasmania. This location allows the bank to maintain a strong connection with its roots while serving customers across Australia. The headquarters in Hobart symbolizes the bank’s commitment to providing personalized and community-focused banking services.

Why Choose MyState Bank?

1. Simplified Banking:

• No Monthly Fees: MyState Bank offers everyday banking without the burden of monthly account fees, making it easier for customers to manage their finances.
• No ATM Withdrawal Fees: Customers can access their money without worrying about extra charges, providing greater convenience.

2. Competitive Savings:

• Bonus Saver Account: This account offers competitive interest rates (up to 5.00% p.a.) with unlimited withdrawals, helping customers grow their savings efficiently.

3. Flexible Home Loans:

• Tailored Options: MyState Bank provides simple and flexible home loan solutions, whether you’re a first-time buyer or looking to refinance.

4. Comprehensive Insurance:

• Protection Plans: The bank offers a range of insurance products, including car, home, and travel insurance, to safeguard what matters most to customers.

5. Exceptional Customer Service:

• Friendly Support: MyState Bank’s Australian customer care team is dedicated to providing a hassle-free banking experience, ensuring customers feel supported and valued.

6. Security and Trust:

• Government Guarantee: Balances up to $250,000 are protected under the Australian Government Guarantee, providing peace of mind.
• Fraud Monitoring: Real-time fraud monitoring services ensure that customers’ accounts are secure.