Town & Country Bank

Last updated
Town & Country Bank
FormerlyTown & Country Building Society
Industry Banking
Founded1964
Founder James McCusker
Bob McKerrow
Defunct1998
Headquarters,
Australia
Number of employees
650 (1990)
Parent ANZ Bank

The Town & Country Bank, formerly the Town & Country Building Society, was a building society that later became a bank headquartered in Perth and with branches throughout Western Australia.

History

The Town & Country Building Society was founded in 1964 by James McCusker and Bob McKerrow. [1] [2]

In July 1990 it was acquired by the ANZ Bank from majority shareholders, the McCusker family and National Mutual. [3] [4] [5] After being converted to a bank, in 1998 the brand was retired with operations absorbed by the ANZ Bank. [6] [7]

References

  1. Smart lenders poised to seize opportunity Business News 18 April 2012
  2. ANZ seizes control of WA's Town & Country Australian Financial Review 31 July 1990
  3. Reserve Bank backs non-bank supervision Canberra Times 2 August 1990 page 13
  4. Annual Report (PDF). ANZ Bank. 30 September 1990. p. 2.
  5. ANZ Unit's Home Focus Australian Financial Review 2 October 1991
  6. The man who's selling Perth Australian Financial Review 26 March 1993
  7. ANZ absorbs Town & Country Australian Financial Review 12 August 1998