Bendigo and Adelaide Bank Company Profile - aVenture Research
Bendigo and Adelaide Bank
Australian regional bank with national branch network serves retail, business and agribusiness customers, sharing Community Bank profits with local towns.
Bendigo and Adelaide Bank is a regional Australian bank that traces its origins to the Bendigo Mutual Permanent Land and Building Society, formed on the Bendigo goldfields to improve living conditions for migrants, and expanded through the merger of Adelaide Bank with Bendigo Bank. It is Australia's first cloud-hosted bank, providing retail, business, agribusiness and third-party banking across Australia through a national branch network, and competes on community-linked banking delivered through branches and the digital bank Up.
Its Community Bank model returns profits to the local towns that generate them, while its agribusiness arm targets Australian farmers, producers and regional communities. Customers access services online, via an app, by phone or at a branch.