Bank of us, formerly known as B&E Personal Banking, currently holds the distinction of Tasmania's only customer-owned bank.
Before B&E became Bank of us, it was known as the Launceston Equitable Building and Investment Society founded in 1870 to provide housing finance by cooperative venture.
Today, the Tassie bank offers a full range of personal and business financial products and services, including home and personal loans, commercial loans, credit cards, savings accounts, and term deposits.
Bank of us provides various banking product options, with generally competitive rates and features. It caters to its customers through its online channels and branches across the state.
While its operations being confined to Tasmania may affect convenience for those residing on the mainland, many praise Bank of us' efforts to look after its members and ensure seamless processes and friendliness. In a way, having a smaller scale of operations relative to the bigger institutions enables the bank to provide quality service.
However, as with any product and service provider, customer experiences vary.
Overall, Bank of us is recognised for its strong customer service, competitive product offerings, and commitment to serving the Tasmanian community.