- Memorandum of Understanding signed
- Focus on customer benefits
- Strengthening our regional presence
- Shared commitment to customers and community
- All staff to be offered roles in the merged entity.
We pleased to announce that we have signed a Memorandum of Understanding (MOU) with Family First Credit Union Limited trading as Family First Bank, based in Lithgow, New South Wales. This marks a significant step forward as we continue to grow across regional Australia and partner with purpose-led organisations that share our values and ambition.
About Family First Bank.
Family First has proudly supported its members and communities for over 50 years, with deep roots in the Blue Mountains, Lithgow and Central Tablelands NSW region. Their commitment to personalised service, community involvement, and ethical banking aligns perfectly with our purpose.
After thoughtful deliberation, the Board of Family First identified Beyond Bank as the best long-term partner to preserve its legacy and deliver continued value to its members.
Mr Adam Marshall CEO of Family First said, “We are thrilled to join forces with Beyond Bank, an institution that shares our commitment to personalised service and community involvement. This merger represents a significant opportunity to enhance the value we provide to our members and to continue our legacy of ethical banking and strong community ties."
Strengthening our national presence.
This potential merger reflects our strategic priority of expanding regionally in areas where our purpose can make the greatest difference. As part of the proposed merger with Family First, Beyond Bank would be expanding into Lithgow, Bathurst, Blackheath and Mudgee across regional New South Wales. These areas are rich in history, culture, and opportunity—and align strongly with our purpose of powering communities.
By joining forces with Family First Bank, Beyond Bank will amplify its ability to reinvest profits into local programs, support grassroots organisations, and deliver tailored financial wellbeing initiatives across regional NSW. It reflects our shared values and deep respect for the vital role community organisations play in creating positive change. Importantly, the merger will enable the expansion of our Community Rewards Program, delivery of financial wellbeing sessions, and the establishment of a dedicated Foundation focused on supporting the Family First region—ensuring that the benefits of customer-owned banking are felt where they matter most.
A promising step forward.
If the merger proceeds, the combined entity would serve over 340,000 customers, with assets under management exceeding $11.3 billion. In a competitive banking landscape, this scale would provide a strong foundation for future growth and enhanced customer value.
"I am excited about the potential this merger holds for both our organisations. By combining our strengths, we can expand our presence in regional Australia and deliver even greater value to our customers. This partnership aligns perfectly with our strategy of powering communities and our commitment to making a positive impact", said Mr David Marshall, CEO of Beyond Bank.
The merger is subject to successful due diligence, regulatory and Family First member approval, with finalisation expected in early 2026.
We are excited about the opportunities this merger presents and look forward to keeping our members informed as we progress through this journey.
