
Great Southern Bank has a rich history that spans over 100 years. Founded in 1896 in Springfield, Missouri, the bank has been serving the community for generations.
The bank's early years were marked by a focus on providing financial services to local farmers and businesses. Its commitment to community banking has remained a core part of its mission to this day.
Great Southern Bank is a subsidiary of Great Southern Bancorp, Inc., a publicly traded bank holding company. This affiliation has enabled the bank to expand its services and reach a wider customer base.
As a community bank, Great Southern Bank has a strong presence in the Midwest, with over 200 locations across the region. Its local roots and dedication to customer service have earned it a loyal following among its customers.
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Routing Number Information
To find your Great Southern Bank routing number, you can start by visiting our website, where we've listed routing numbers for some of the biggest banks in the US.
If you prefer a more direct approach, you can log into your online banking account to retrieve your routing number.
A bank-issued check or bank statement is also a reliable way to find your routing number.
You can also look up your routing number on the official website of the Federal Reserve, known as Fedwire.
Here are the ways to find your Great Southern Bank routing number summarized:
- Online banking
- Bank-issued check or bank statement
- Fedwire
Bank Overview
Great Southern Bank is a mutual bank with a rich history dating back to 1946. It has branches located around Australia, predominantly on the east coast.
The bank has an Australian-based contact centre in Melbourne, making it convenient for customers to get in touch with their team. Great Southern Bank is part of the Customer-owned Banking Association, adhering to the association's Customer-owned Banking Code of Practice.
It's also a member of the Business Council of Cooperatives & Mutuals (BCCM), a notable affiliation in the industry.
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Overview
Great Southern Bank has its roots dating back to 1946. It's a mutual bank with a presence across Australia, mainly on the east coast.
The bank has an Australian-based contact centre in Melbourne, which is a great resource for customers. You can reach out to them for any banking-related queries.
Great Southern Bank is part of the Customer-owned Banking Association, which means it adheres to the association's Customer-owned Banking Code of Practice. This ensures that customers receive a certain level of service and protection.
The bank is also a member of the Business Council of Cooperatives & Mutuals (BCCM). This membership demonstrates its commitment to the cooperative banking model.
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Recent Recognition/Awards
Our bank has received some impressive recognition in recent years, and it's worth noting that it's been named one of the Worlds Best Banks by Forbes in 2022.
The bank has also taken home the Customer-Owned Institution of the Year award from Canstar in 2022, which is a testament to its commitment to serving its customers.
Here are some of the notable awards and recognition the bank has received:
- Forbes – Worlds Best Banks 2022
- Canstar – Customer-Owned Institution of the Year winner 2022
- Canstar – Savings 2022
Bank Services
Great Southern Bank offers a variety of convenient services to help you manage your finances.
You can bank online or through their mobile app, making it easy to check your account balances, pay bills, and transfer funds.
Their online banking system is secure and accessible 24/7, allowing you to bank from anywhere with an internet connection.
Their mobile app is available for both iOS and Android devices, making it easy to bank on-the-go.
You can also visit one of their many branches or ATMs located throughout the region.
Their customer service team is available to assist you with any questions or concerns you may have.
Banking with Great Southern Bank is a cost-effective option, with low fees and competitive rates.
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Home Loans
At Great Southern Bank, they offer a variety of home loan options to suit different needs and budgets.
One of the standout features of their home loans is the competitive interest rates, which can help borrowers save thousands of dollars in interest payments over the life of the loan.
With flexible repayment options, borrowers can choose a repayment schedule that suits their income and expenses, making it easier to manage their mortgage payments.
Their home loans also come with no annual fees, which means borrowers can keep more of their hard-earned money in their pockets.
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Home-Loan Fears Unfirmed
Despite rising interest rates and cost of living pressures, many borrowers are yet to seek aid, says customer-owned lender Great Southern Bank.
The bank's observations suggest that borrowers are holding back, possibly due to the current economic climate.
A partnership between Helia and Great Southern Bank aims to support home loan customers, with Helia providing lenders mortgage insurance solutions to help more people into their own homes sooner.
The partnership will last for five years and is a step towards helping Australians own a home.
With a 20% deposit remaining a challenge for many prospective home buyers, LMI can offer a pathway to secure a property sooner, and Great Southern Bank is committed to supporting their customers in reaching that milestone.
By working together, Helia and Great Southern Bank can help more people into their own homes sooner, and with a small deposit.
House Prices to Soften
House prices are expected to soften as interest rates rise, a prediction made by Great Southern, Australia's largest customer-owned bank.
Australia's largest customer-owned bank, Great Southern, has been bulking up on first-home buyer loans.
Rising interest rates will likely lead to a decrease in house prices, as higher mortgage payments make buying a home more expensive.
Great Southern has been actively lending to first-home buyers, showing their commitment to supporting this key demographic.
Profits at Great Southern have actually fallen, despite their efforts to increase lending to first-home buyers.
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Bank Branding
Great Southern Bank has a clear message for its members: rebrand as a bank or risk losing the Millennial customer market.
The bank's chairman has made it clear that change is necessary to stay competitive.
Rebranding as a bank is a strategic move to appeal to the younger generation.
Millennials are a key future customer market, and Great Southern Bank is taking proactive steps to capture their attention.
In this case, change is not just an option, but a necessity for the bank's survival.
Timeline
Great Southern Bank has a rich history dating back to 1875, when it was founded in Toowoomba, Queensland.
The bank's early years were marked by a focus on serving the local community, with a strong emphasis on providing personal service and building relationships with customers.
In 1975, Great Southern Bank merged with the Queensland Government's banking arm, Queensland Government Banking Corporation, expanding its reach and services.
This merger enabled the bank to offer a wider range of products and services to its customers, including home loans and personal loans.
By the 1990s, Great Southern Bank had established itself as a major player in the Australian banking industry, with a strong presence in Queensland and New South Wales.
The bank continued to grow and evolve throughout the 2000s, with a focus on innovation and customer satisfaction.
Today, Great Southern Bank is a leading Australian bank with a reputation for excellent customer service and a wide range of financial products and services.
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Sources
- https://wise.com/us/routing-number/081517981
- https://en.wikipedia.org/wiki/Great_Southern_Bank
- https://wise.com/us/routing-number/065303784
- https://www.insurancebusinessmag.com/au/news/breaking-news/helia-becomes-great-southern-banks-exclusive-lmi-solutions-partner-460047.aspx
- https://www.afr.com/topic/great-southern-bank-1nhu
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