Adelaide Bank
The Adelaide Bank is a regional bank based in South Australia.
The company's aim is to build an honest and open relationship with their clients, meaning the company itself aspires to create its very own culture of trust within their work space in order to execute the best teamwork there could ever be among their employees.
In terms of its employees' performance, they are willing to be accountable for every move they make towards their main goal of providing excellent service to their clients. Passion is what drives its employees to bring out the best of what they can give. Everyone in the company embraces innovation in its purest sense, considering that they take it as an opportunity to continuously improve the services and products they offer to their consumers.
Adelaide Bank also takes pride in its very own Charitable Foundation, taking into account the aim of the company to render its extended services to the local community of South Australia. The money acquired in this institution comes from a percentage out of the company's profits. Beneficiaries of the said money are mostly charities that the company avidly supports. As recorded, the bank's charitable institution has already given more than 5 million dollars to about 350 charities, including community groups, all over South Australia.
Aside from charities, Adelaide Bank is also a known sponsor of different organizations such as The Helpmann Academy, The Society of Auctioneers, Real Estate Institute of South Australia, and Mount Gambier Racing Club. Currently, their project Adelaide Bank Rescue Helicopter service is on its fourth year of flying back and forth to keep rescue operations easier and to save more lives.
Adelaide Bank: Then and Now
Adelaide Bank is relatively a young banking institution. It was only in 1994 when this bank was established, January 1, 1994 to be exact. This said regional bank is an offspring Australia's largest building society, the Co-operative Building Society of South Australia Limited, which was founded way back in 1900's.
Remarkably, after the said building society's conversion to banking, the company's assets increased up to $2 billion, surpassing its first $1 billion mark in 1990. Most of the assets they had at hand then were from South Australia itself.
Currently, Adelaide Bank's asset base reaches more than $26 billion, making them able to regularly approve loans up to $700 million every month. Aside from the said growth, Adelaide bank also branched out its assets through the extension of its geographic scope. Currently, about 75% of the totality of bank loans are comprised by clients beyond the limits of South Australia. This sudden growth in its business earned the company the title of being among the biggest margin lenders all over Australia.
Bank Services
With Adelaide Bank, managing, or even making money, is as easy as it sounds through its various products offered and services rendered. Some of the interesting offers that Adelaide offers to its customers are banking accounts, insurances, and loans.
For banking accounts, Adelaide Bank has variety of selection for you to choose from, and each is highlighted with its corresponding feature that will suit your banking needs. The bank transaction accounts offered by Adelaide Bank are "Concession Xpress Account," "Cash Management Plus," "Mortgage Tamer Home Loan," "Merlin Account," "Pension Plus Account," "Serious Saver Account," and "Student Card Account."
The "Concession Xpress Account" is a banking account that comes at a low cost. This type of account is the best type of money-management for people who basically rely on government assistance for support. But if you are a pensioner proved to be self-supporting, then you are entitled to open a "Pension Plus Account" instead. Now, if you keep an eye on interests increasing the value of what you have without the fear of imposed time constraint, you can try considering Adelaide's "Cash Management Plus Account." Meanwhile, true to its name, "Serious Saver Account" is the one best for people who are really dedicated to reach the goal of saving a certain amount in a certain deadline. But if you are between the ages 11 to 24, you might want to acquire the "Student Card Account" and enjoy the perks it offers. "Mortgage Tamer Home Loan Account," on the other hand, is an account which specializes in providing both a home loan and an offset banking account that you can use everyday. Now, if you are interested in an all-transaction-in-one account, including a Cashcard, then you might be in search for a "Merlin Account."
Adelaide Bank also currently offers 4 classifications of lending products that can easily be paid later, namely, Home Loans, Margin Loans, Personal Loans, and the Visa Cards. Basically, Home Loans are made specifically for home related financial support (eg. renovation, purchase, or refinancing). Margin Loans, on the other hand, deals primarily with financial loan for purchase or management of shares and other types of investments. If your need to loan deals mainly with your interest of buying appliances or a car, all you need to do is apply for a personal loan to temporarily finance your need. Aside from these, another type of loan that can provide you extra fast cash in case of emergency is a "Visa Card," which is also offered by Adelaide Bank. This type of loan finances your purchase in stores that support this type of transaction.
And because none of us actually know what can happen in the future, it is very well recommended to prepare for possible future mishaps by acquiring an insurance. Adelaide Bank offers 6 types of domestic insurances, which are Motor Insurance, Household Insurance, Travel Insurance, Boat/Caravan Insurance, and Loan Repayment Insurance. All of these come in an easy to pay package, and you can definitely trust their reliability.
And aside from all these products, Adelaide Bank offers a great deal of service with its new hi-tech form of banking through its revolutionary Online Banking. Given all the needed requirements to access the Internet, your account information is just a click away. There is nothing to worry about your account's security because as long as your money is with Adelaide Bank, you are assured that it is safe.