Our Company – MyState Bank

 
 

MyState Bank Limited is a wholly owned subsidiary of MyState Limited, a national diversified financial services group. MyState Limited formed in September 2009 following the merger of MyState Bank and Tasmanian Perpetual Trustees Limited. In February 2025, MyState Bank merged with Auswide Bank Ltd, bringing together more than 120 years of combined experience from both banks, and unifying strengths to provide even better services, products and innovative solutions for the future. They now operate as a single authorised deposit-taking institution, alongside TPT Wealth Ltd (formerly Tasmanian Perpetual Trustees Limited), a trustee and wealth management company, and Selfco, a vehicle and equipment finance provider.

Financial Strength & Prudential Information

MyState Bank is an Authorised Deposit-taking Institution (ADI). Key areas for maintaining our financial strength are Capital Adequacy, Responsible Liquidity and Capital Management and achieving maximum returns on Assets and Equity while limiting Financial Risk.

Responsible management and long-term expertise ensure MyState Bank continues to maintain its position of strength across these areas, and as an ADI, MyState Bank is regulated, as are all banks and financial institutions, by the Australian Prudential Regulation Authority (APRA).

Comprehensive prudential information can be obtained from any MyState Bank branch, or at mystatelimited.com.au.