At Regional Australia Bank we live and breathe that regional Australia spirit. We want to play an active and influential role in our communities, and empower the people and businesses of regional Australia to achieve great things. Our purpose is to build strong regional communities through the power of money.
Proposed
At Regional Australia Bank, growth is about strengthening communities, not just expanding balance sheets.
The merger with Summerland Bank and the MOU with SWSbank are part of a long-term strategy to ensure regional Australians continue to have access to local, trusted banking.
These steps will:
• Protect local branches and face-to-face services in regional towns
• Provide more products, services, and digital options for members
• Strengthen financial sustainability, allowing investment in technology, security, and innovation
• Reinforce member-owned values, keeping the bank committed to the communities it serves
By combining forces with banks that share our values, we are creating a stronger, more resilient, and future-ready bank — for members today and generations to come.
• Your account numbers, digital access, and branch services stay the same.
• There are no planned branch closures as a result of these changes.
• Our focus remains on local service, personalised support, and community empowerment.
• We will keep members fully informed at every stage.
| Summerland Merger | SWSbank MOU | Member Experience |
|---|---|---|
| Approved by members | Intent to explore merger | No immediate changes |
| Takes effect 1 July 2026 | Subject to due diligence & approvals | Accounts and services stay the same |
| ~130,000 members 10 new branches |
~145,000 members 4 new branches |
Local branches + digital services |
When does the Summerland merger take effect?
1 July 2026
What does the SWSbank MOU mean now?
It signals intent and alignment in purpose; due diligence and approvals are still required.
Will my banking change soon?
No, all services and accounts remain the same.