# Bendigo Bank (Bendigo and Adelaide Bank)

> Source: https://docs.barcoder.ai/docs/wallets/bendigo-bank
> research date 2026-05-30 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Bendigo Bank — official](https://www.bendigobank.com.au/)

## Overview

**Bendigo Bank (Bendigo and Adelaide Bank)** is **Australia's 5th-largest bank** + **distinctive Australian Community Bank® network model** <sup>[1][1], [2][2], [Australia report](https://docs.barcoder.ai/docs/payments/AU)</sup>. **2025 baseline**: 1.5M Australian customers + $65B Bendigo and Adelaide Bank assets + 600+ Australian service outlets including 305 locally owned Community Bank® branches (Australia's 2nd largest regional + 3rd largest national branch network); **Aug 2025 Bendigo Bank 10-branch consolidation** (following review of evolving customer preferences + reduction in business activity + increase in costs).

**Distinctive Bendigo Bank positioning** <sup>[1][1], [2][2], [3][3]</sup>:
- **Australia's 5th-largest bank** with 1.5M Australian customers + $65B Bendigo and Adelaide Bank assets
- **600+ Australian service outlets including 305 locally owned Community Bank® branches** (Australia's 2nd largest regional + 3rd largest national branch network)
- **Distinctive Australian Community Bank® network model** (Community Bank® branches owned by local Australian communities; profit-sharing distinctive Australian community banking innovation)
- **Aug 2025 Bendigo Bank 10-branch consolidation** (following review of evolving customer preferences + reduction in business activity + increase in costs)
- **Bendigo Bank App distinctive features**: Quick login via 4-digit PIN or biometrics + instant access with Apple Pay + extensive card controls
- **Bank launches 24/7 business banking advice app** (Bendigo Bank distinctive Australian small business banking innovation)
- **1858 Adelaide Bank founding** (Bendigo Bank's ultimate predecessor) + **1995 Bendigo Bank founding** + **2007 Bendigo Bank + Adelaide Bank merger → Bendigo and Adelaide Bank** — distinctive Australian regional banking consolidation

## History

**Nov 9 1858 — Adelaide Bank founded** in Adelaide, South Australia (Bendigo Bank's ultimate predecessor) → distinctive Australian South Australian banking heritage.

**Nov 10 1858 — Bendigo Building Society founded** in Bendigo, Victoria → distinctive Australian Victorian banking heritage.

**1995 — Bendigo Bank founding** (Bendigo Building Society conversion to commercial bank).

**Nov 30 2007 — Bendigo Bank + Adelaide Bank merger → Bendigo and Adelaide Bank** — distinctive Australian regional banking consolidation.

**2010 — Bendigo Bank mobile banking app launches**.

**Aug 2025 — Bendigo Bank 10-branch consolidation** (following review of evolving customer preferences + reduction in business activity + increase in costs) <sup>[3][3]</sup>.

**2025**: 1.5M Australian customers + $65B Bendigo and Adelaide Bank assets + 600+ Australian service outlets including 305 locally owned Community Bank® branches <sup>[1][1], [2][2]</sup>.

## Ownership & operator

**Operating entity**: **Bendigo and Adelaide Bank Limited** (ASX: BEN).

**Major shareholders**: **Vanguard + BlackRock + Australian Super + Australian institutional + Australian retail public float** (distinctive Australian distributed shareholder structure).

**Regulators**: **APRA (Australian Prudential Regulation Authority) + ASIC (Australian Securities + Investments Commission)**.

## Technical integration

Bendigo Bank App (iOS + Android; quick login via 4-digit PIN or biometrics + instant access with Apple Pay + extensive card controls) + bendigobank.com.au online + Bendigo Bank cards (Visa + Mastercard) + Bendigo Bank 600+ Australian service outlets + **305 locally owned Community Bank® branches** (distinctive Australian community banking model); PayID + NPP + BPAY + OSKO; **Bank launches 24/7 business banking advice app** (Bendigo Bank distinctive Australian small business banking innovation).

## Users & growth

**2025**: 1.5M Bendigo Bank Australian customers + $65B Bendigo and Adelaide Bank assets + 600+ Australian service outlets including 305 locally owned Community Bank® branches.

## Use cases

Australian retail + private + corporate + SME + investment + insurance banking via Bendigo Bank App + bendigobank.com.au online + cards + 600+ Australian service outlets including **305 locally owned Community Bank® branches** (distinctive Australian community banking model); PayID + NPP + BPAY + OSKO; **Bank launches 24/7 business banking advice app** (Bendigo Bank distinctive Australian small business banking innovation).

## Implementations & partners

**Operator**: Bendigo and Adelaide Bank Limited (ASX: BEN); Vanguard + BlackRock + Australian Super + Australian institutional + Australian retail public float.

**Subsidiaries**: **Bendigo Telco** + **Sandhurst Trustees** + **Adelaide Bank brand** (post-2007 Bendigo Bank + Adelaide Bank merger; integrated) + **Community Bank® network** (distinctive Australian community banking model with profit-sharing local Australian community ownership).

**Major Australian banking competitors**: [CommBank (Commonwealth Bank of Australia)](https://docs.barcoder.ai/docs/wallets/commbank) (CBA; Australia's largest bank) + [Westpac Mobile App](https://docs.barcoder.ai/docs/wallets/westpac) (Australia's 2nd-largest bank by assets) + [ANZ (Australia and New Zealand Banking Group)](https://docs.barcoder.ai/docs/wallets/anz-australia) (ANZ; ANZ Plus distinctive Australian challenger banking innovation + 2024 Suncorp Bank A$4.9B acquisition completion) + [NAB Mobile Banking (National Australia Bank)](https://docs.barcoder.ai/docs/wallets/nab) (National Australia Bank; NAB app) + [Macquarie Bank](https://docs.barcoder.ai/docs/wallets/macquarie-bank) (Macquarie Group's Australian retail + business banking subsidiary) + [Suncorp Bank](https://docs.barcoder.ai/docs/wallets/suncorp-bank) (ANZ subsidiary post-Jul 2024 ANZ A$4.9B Suncorp Bank acquisition completion) + [Bank of Queensland (BoQ) / myBOQ](https://docs.barcoder.ai/docs/wallets/bank-of-queensland) (BoQ) + [UBank](https://docs.barcoder.ai/docs/wallets/ubank) (NAB's digital subsidiary).

**Regulators**: APRA + ASIC.

## Fun facts

- **Australia's 5th-largest bank** with 1.5M Australian customers + $65B Bendigo and Adelaide Bank assets.
- **600+ Australian service outlets including 305 locally owned Community Bank® branches** (Australia's 2nd largest regional + 3rd largest national branch network).
- **Distinctive Australian Community Bank® network model** (Community Bank® branches owned by local Australian communities; profit-sharing distinctive Australian community banking innovation).
- **Aug 2025 Bendigo Bank 10-branch consolidation** (following review of evolving customer preferences + reduction in business activity + increase in costs).
- **Bendigo Bank App distinctive features**: Quick login via 4-digit PIN or biometrics + instant access with Apple Pay + extensive card controls.
- **Bank launches 24/7 business banking advice app** (Bendigo Bank distinctive Australian small business banking innovation).
- **1858 Adelaide Bank + 1858 Bendigo Building Society founding heritage** + **1995 Bendigo Bank founding** + **2007 Bendigo Bank + Adelaide Bank merger → Bendigo and Adelaide Bank** — distinctive Australian regional banking consolidation.

## Comparison

| Feature | Bendigo Bank (Bendigo and Adelaide Bank) | [Suncorp Bank](https://docs.barcoder.ai/docs/wallets/suncorp-bank) (ANZ subsidiary post-Jul 2024 ANZ A$4.9B acquisition completion rival; 1.2M Suncorp Bank customers + Jun 2027 ANZ migration target) | [Bank of Queensland (BoQ) / myBOQ](https://docs.barcoder.ai/docs/wallets/bank-of-queensland) (BoQ rival; myBOQ + BOQ Classic Mobile + Pocket Banker app) | [UBank](https://docs.barcoder.ai/docs/wallets/ubank) (NAB's digital subsidiary rival; 1M+ UBank customers Nov 10 2025 + most followed bank in Australia on TikTok) | [Macquarie Bank](https://docs.barcoder.ai/docs/wallets/macquarie-bank) (Macquarie Group's Australian retail + business banking subsidiary rival; Macquarie Authenticator 1M+ users Jun 2025; branchless retail banking model) |
|---|---|---|---|---|---|
| Operator | **Bendigo and Adelaide Bank Limited (ASX: BEN)** | Suncorp Bank (ANZ subsidiary post-Jul 2024 ANZ A$4.9B acquisition completion) | Bank of Queensland Limited (ASX: BOQ) | UBank Limited (NAB subsidiary; ASX: NAB parent) | Macquarie Bank Limited (Macquarie Group Limited parent; ASX: MQG) |
| Type | **Australia's 5th-largest bank + 1.5M Australian customers + $65B Bendigo and Adelaide Bank assets + 600+ Australian service outlets including 305 locally owned Community Bank® branches + Australia's 2nd largest regional + 3rd largest national branch network + distinctive Australian Community Bank® network model + 24/7 business banking advice app** | ANZ subsidiary post-Jul 2024 ANZ A$4.9B Suncorp Bank acquisition completion + 1.2M Suncorp Bank customers + Jun 2027 ANZ migration target | BoQ + myBOQ + BOQ Classic Mobile + Pocket Banker app | NAB's digital subsidiary + post-Jan 2021 NAB A$220M 86 400 neobank acquisition + 2022 86 400 + UBank merger + 1M+ UBank customers Nov 10 2025 + 220K+ TikTok followers (most followed bank in Australia) + 20% new customers from social media | Macquarie Group's Australian retail + business banking subsidiary + Macquarie Authenticator 1M+ users Jun 2025 + branchless retail banking model + smart budgets + transaction categorization PFM distinctive features |
| Country | AU | AU | AU | AU | AU |
| Distinctive | **Nov 9 1858 Adelaide Bank founding + Nov 10 1858 Bendigo Building Society founding; 1995 Bendigo Bank founding (Bendigo Building Society conversion to commercial bank); Nov 30 2007 Bendigo Bank + Adelaide Bank merger → Bendigo and Adelaide Bank; 305 locally owned Community Bank® branches with distinctive profit-sharing model; Aug 2025 10-branch consolidation; 24/7 business banking advice app** | 1902 Suncorp Bank founding (Queensland Building Society heritage); 1996 Metway Bank + SUNCORP merger; Jul 18 2022 Suncorp Group A$4.9B Suncorp Bank sale to ANZ announcement; Jul 31 2024 ANZ A$4.9B acquisition completion | 1874 Bank of Queensland founding | 2008 UBank founding by NAB; 2021 NAB A$220M 86 400 neobank acquisition; 2022 86 400 + UBank merger | 1969 Hill Samuel Australia founding; 1981 spun off → Macquarie; 1996 Macquarie Bank Limited Australian banking license; Jun 2025 Macquarie Authenticator 1M+ users |

## Status

**Active, Australia's 5th-largest bank + distinctive Australian Community Bank® network model** <sup>[1][1], [2][2], [3][3]</sup>:
- **Bendigo and Adelaide Bank Limited (ASX: BEN)** since Nov 9 1858 Adelaide Bank founding + Nov 10 1858 Bendigo Building Society founding + 1995 Bendigo Bank founding + Nov 30 2007 Bendigo Bank + Adelaide Bank merger → Bendigo and Adelaide Bank.
- **1.5M Australian customers + $65B Bendigo and Adelaide Bank assets + 600+ Australian service outlets including 305 locally owned Community Bank® branches**.
- **Aug 2025 Bendigo Bank 10-branch consolidation**.
- **APRA + ASIC regulated**.

## Sources

[1]: https://www.bendigobank.com.au/ "Bendigo Bank — official"
[2]: https://www.bendigobank.com.au/ways-to-bank/bendigo-bank-app/ "Download our app — Bendigo Bank"
[3]: https://www.bendigobank.com.au/media/update-on-network-changes/ "Update on network changes — Bendigo Bank"
[au-cro]: https://docs.barcoder.ai/docs/payments/AU

- [1] [Bendigo Bank — official][1]
- [2] [Download our app — Bendigo Bank][2]
- [3] [Update on network changes — Bendigo Bank][3]
- <sup>[Australia report](https://docs.barcoder.ai/docs/payments/AU)</sup> In-corpus: `reports/countries/AU-australia.md`

## Source

Biography extracted from [bendigo-bank.md](https://docs.barcoder.ai/source/wallets/bendigo-bank). See `matrix.md` for standards-support matrix if present.