Is Qudos bank safe?
Qudos Bank (ex Qantas Credit Union) is a not-for-profit bank fully owned by members. And so even with their home loan offset accounts, members' funds in those accounts are safe, along with of course the usual Commonwealth Government Guarantee up to $250,000 on all of their savings accounts.
Who is Qudos bank owned by?
As a customer owned organisation, Qudos Bank is owned and controlled by its Members. Being a Member means that you're more than just a number – you're a shareholder, and all shareholders over the age of 18 have the power to vote and play an important role in our future direction.
Does Qantas own Qudos bank?
Qudos Bank is an unlisted public company, owned by its customers and their elected 10 board members. It operates 7 branches across Australia.
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Qudos Bank.
| Trade name |
Qudos Bank |
| Formerly |
Qantas Credit Union |
| Type |
Mutual Bank Customer-owned financial institution |
| Founded |
1 November 1959 in Sydney |
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Is Qudos bank a credit union?
Founded over 60 years ago as Qantas Credit Union, we are a customer-owned bank with a full range of banking products and services.