What this means for our community

  • Will the merger result in branch closures?

    Both People’s Choice and Heritage Bank operate in different geographies so there is no overlap of branch operations. Therefore, there will be no branch closures as a result of the merger. 
  • Will our headquarters move?

    The organisations will operate dual head offices in Adelaide and Toowoomba with a distribution of member-facing, member support and corporate functions across the companies’ other office locations.
  • What does this mean for the community sponsorships we have in place?

    All sponsorships will continue and there will be additional capacity to support new ones, too. 

    We will of course remain deeply committed to supporting our members and our local communities, including through our community sponsorships and corporate social responsibility programs.
  • Will there be any job losses or redundancies?

    Our people are our strength. Their skills, dedication and commitment to our members are critical to our ongoing success. 

    Both organisations have committed to no non-executive redundancies as a result of the merger.

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