Skip to main content

Industry News

Latest news, views and facts.

An independent future

We are champions of mutuality. Under the Alliance Bank Solution we are able to deliver real change for our members and communities while retaining our teams, independence and discrete business strategies.

If you'd like to explore the possibilities contact the Senior Partner, Alliance Partner Development, Gavin McNab.


Using Banking to Do Good

The Alliance Bank® Solution is unique. It enables us to:

  • Retain our independence
  • Remain 100% member-owned
  • Keep our member capital within the communities it was accumulated
  • Remain local employers with our own staff, management and Boards
  • Continue to control our own business strategy, profitability parameters and operations
  • Address community need in a way that can realise positive social and economic change.

No other operating model can facilitate this. This strategic partnership with Bendigo and Adelaide Bank sees:

  • Alliance Bank® Partners use Bendigo and Adelaide Bank’s ADI license
  • APRA obligations are transferred to Bendigo and Adelaide Bank who oversee compliance
  • Alliance Bank® Partners are released to focus on growing business and communities.

As social enterprises Alliance Banks invest profits to benefit members and their communities. We are also uniquely positioned to address community need through the structure of the model. As we have access to member capital, under individual Board supervision, we are able to invest in a variety of shared value partnerships and programs.

Shared value outcomes mean while we improve the lives of those within our communities we are also growing our member base, business and profitability. So the more people do with us, the more we can do for them and their communities.

This strategy is helping pave the way for regional economic recovery and the delivery of lasting positive change.


We're a social enterprise
Feature|16 March 2020
Alliance Banks are social enterprises that invest their profit in their local communities.
Alliance Banks celebrates its 5th Anniversary
We've turned 5!
Industry Updates|01 March 2020
Alliance Bank celebrates its 5th Anniversary.
Bo Chudosnik, Surf Life Saver, Ocean Grove
AWA Community Investment
Feature|26 February 2020
AWA Alliance Bank is a social enterprise that believes active kids and a more equitable community will foster positive social change.

The Alliance Bank Solution explained in 2 minutes

A seeding, stack of coins and illuminated light bulb lined up next to each other.

A Vision for Growth and Community Prosperity

Industry Updates|05 November 2018
Alliance Banks have a vision for the future and the freedom to choose how they want to grow their business and engage with their communities.
Aerial view of a suburban city area.

Making a Difference through Community Investment

Industry Updates|05 November 2018
We’ve achieved a lot in just three years. The growing list of member and community initiatives demonstrates what Do Good Banking is all about.
Two males in business suits shaking hands.

Why we chose to partner with Bendigo and Adelaide Bank

Industry Updates|05 November 2018
We chose to form a strategic alliance with Bendigo and Adelaide Bank for all the right reasons. This short video explains.

Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879. AWA Mutual Limited®, BDCU Limited®, CIRCLE Mutual Limited®, NOVA Mutual Limited® and SERVICE ONE Mutual Limited® (Alliance partners) are independent mutual entities that have formed an alliance with Bendigo and Adelaide Bank. AWA Alliance Bank®, BDCU Alliance Bank®, CIRCLE Alliance Bank®, NOVA Alliance Bank® and SERVICE ONE Alliance Bank® are trademarks of Bendigo and Adelaide Bank Limited.

© Copyright 2020 Bendigo and Adelaide Bank