Your Finance GuideAustralian finance education
Customer-owned

People First Bank

Merged entity of Heritage Bank (QLD) and People's Choice (SA), formed in 2023. Largest customer-owned mutual in Australia by member count.

AdelaideFounded 1949ACL/Banking Licence 244310

Strengths

  • Customer-owned mutual scale
  • Strong QLD regional and SA presence
  • Solid prime variable rates

Watch out for

  • Integration ongoing post-merger
  • Branch network concentrated in QLD/SA

People First products

Editorial reference covering the product range People First offers and the structural strengths and trade-offs we observe in the market. For the current headline rate and comparison rate, click through to People First\'s own rate card; the live number sits with them.

Home loans

Other customer-owneds

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WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Comparison rates are based on a secured loan of $30,000 over 5 years for vehicle finance and $50,000 over 5 years for equipment finance, as required under the National Credit Code.

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The People First Bank rates above are publisher reference. The right product for your situation depends on income, deposit, credit profile, security and serviceability, and that comparison is what a broker does.

★★★★★4.9 across 320+ reviewsAustralian Credit Licence 505575Independent. Education first.