Westpac is Australia's Best Major Bank according to Mozo Experts Choice Awards. National Australian Bank. National Australian Bank (NAB), founded in 1982, is the fourth largest bank in the country with A$872 billion in total assets and A$673 billion in deposits as of March 31, 2021. It offers transaction and savings accounts, Visa debit cards.. Online Saver Accounts. An online saver account is one that pays you a high interest each month simply for having your money in the account, usually with no monthly or annual fees. Often these.
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Founded in 1957 as a credit union associated with Australia's science agency CSIRO, the second-highest ranking bank in Australia amalgamated 71 credit unions and co-operatives to become Bank Australia in 2011. It bills itself as Australia's first customer-owned bank that promotes sustainability, clean money, and no executive bonuses.. Apr 8, 2024. Fact checked. Commonwealth Bank, Westpac, NAB and ANZ are known as Australia's "Big Four" banks. Together these institutions dominate the market. Most Australians have a bank account.
