Qudos Bank will merge with Bank Australia on 1 July 2025. As a result, members’ shares in Qudos Bank will be cancelled and they will be issued with a share in Bank Australia. Bank Australia does not charge a subscription for shares and accordingly if members hold paid shares in Qudos Bank, they will be refunded the $10 subscription.
If you are a paid Qudos Bank shareholder your share payment will be returned.
To ensure we can process your $10 return to your account by 31 July, please email us at enquiries@qudosbank.com.au by 15 July 2025.
Please include the following details in your email:
If we do not receive your account details by 15 July 2025, your $10 will be held in accordance with our unclaimed monies process.
If you have any questions or need further assistance with our products and/or services, feel free to contact us on 1300 747 747, Monday to Friday from 7am to 7pm, or Saturday from 9am to 5pm (AEST).
Prior to April 2010 members paid a $10 subscription for shares when they joined.
Qudos Bank will merge with Bank Australia on 1 July 2025. As a result, members’ shares in Qudos Bank will be cancelled and they will be issued with a share in Bank Australia. Bank Australia does not charge a subscription for shares and accordingly if members hold Paid Shares in Qudos Bank, they will be returned the $10 subscription.
No, the subscription paid for member shares does not accrue interest. These shares are for membership purposes only and do not earn any return or interest.
We respectfully acknowledge the Traditional Custodians of all the lands on which we live and work, and we pay our respects to Elders past and present. We recognise their continued connection to the land, waters and culture and we acknowledge that sovereignty has never been ceded. Our head offices are located on the land of the Wurundjeri Woi Wurrung people of the Kulin Nation in Victoria, and the land of the Gadigal people of the Eora Nation in New South Wales.
We are an equal opportunity employer that celebrates the diversity, equity and inclusion of all people.
