Heritage Bank Limited Smsf

Ratings

3.5

Overview

Since its inception in 1875, Heritage Bank has gone on to establish itself as the second largest mutual bank in the country. Headquartered in Toowoomba, Queensland, the bank has a network of 62 branches and mini-branches in New South Wales and southern Queensland. This is a customer-owned bank, this means that it is owned by the customers and not shareholders. The bank provides a wide range of business, agri-business, and retail banking services.

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Pros & Cons-Heritage Bank Limited

Pros

  • Strict lending policies.
  • Signup Fees.
  • Strict Age Restrictions.
  • Customer Support.

Cons

  • High Property Value for First Home Buyers.
  • Home Loan for Self-Employed.

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