WA savers like P&N Bank

P&N Bank has not skipped a beat since changing its name from Police & Nurses Credit union in March, according to its acting chief executive, Dave Spearman.

Deposits increased by 10 per cent to $2 billion in the year to June 2013. Lending increased by one per cent to $2.85 billion.

Spearman said membership is up by four per cent. P&N Bank has 17 branches in Western Australia and claims to be the largest locally owned bank in the state.

Source: Banking Day