The latest media statements from ME.
ME is extending automatic bonus savings rates for an additional month as part of its ongoing COVID-19 support for customers.
The Chairman of ME Bank, Mr James Evans, has announced that Ms Elana Rubin has resigned as a Non-Executive Director of ME Bank, as she takes up the role of Chair of Afterpay.
Today our CEO Jamie McPhee appeared before the Standing Committee on Economics via video link and made the following opening remarks regarding recent home loan redraw adjustments for some customers.
In response to customer feedback ME Bank has decided to change back home loan redraw limits for any customers who want it.
We are sorry. We recently adjusted the redraw limits on one of our older legacy home loan products, which has caused upset for affected customers.
ME identified the redraw facility on some legacy home loans* could lead to some customers falling behind their original repayment schedules.
A third of Australians have already been negatively financially impacted since the onset of COVID-19, and more expect to.
Our household financial comfort report opens the door to how Australian households spend, save and think about money. Read more