Commonwealth Bank CBA is an Australian owned bank and is registered as Commonwealth Bank of Australia. The Commonwealth Bank was founded under the Commonwealth Bank Act in 1911 and commenced operations in 1912, empowered to conduct both savings and general banking business. Since that time, Commonwealth Bank has undergone substantial change include privatisation and expansion of its operations from full service bank to include other aspects of financial management.
Commonwealth Bank is also a full financial services provider and has a range of interests and affiliations in other services including life insurance, credit cards, superannuation and general insurance.
CBA has grown thorough acquisition including the purchase of Colonial First State to expand it’s financial services offering and enhance it’s mortgage broker distribution network. CBA owns a major share of mortgage broker and mortgage originator Aussie and also owns smaller regional bank, BankWest.
Commonwealth Bank home loan products arranged by mortgage brokers are distributed under the Colonial banner, however they are essentially identical to branch offered solutions in pricing, credit policy and flexibility.
Commonwealth Bank Key Facts are:
| Alerts and Warnings | None found | |
| Category | Broker or direct | |
| Institution Type | Australian Owned Bank | |
| First Established | 1912 | |
| Head Office Location | Sydney | |
| Parent Company | N-A | |
Accessibility |
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| Branch locations | National | |
| Internet Banking | Yes | |
| Phone Banking | Yes | |
| Own ATM Network | Yes – National | |
Contact CBA Commonwealth Bank |
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| Contact E-mail | Click here | |
| Website | www.commbank.com.au | |
| Contact Number | 13 24 07 | |
| In the community | Partnerships include Breast Cancer Institute, Prostate Cancer Foundation, Children’s Cancer Institute, Legacy, Australian Red Cross, Midnight Basketball, The Great Barrier Reef Foundation and many more. Founding partner of Humour Foundation (Clown Doctors) | |
