Comprehensive and flexible home loans with 100% offset.
September 29, 2022
Connective Select - backed by Adelaide Bank - offers clients a comprehensive, flexible, fully featured package with 100% offset.
Bendigo & Adelaide Bank (BEN) is over 160 years old and is Australia’s fifth largest retail bank with a vision to be Australia’s bank of choice.
Over this period, more than 80 different organisations have come together to become the Bank it is today – an Australian owned, top 100 ASX listed company.
Bendigo Bank is the retail (branch network) arm of the Bank and Adelaide Bank is BEN’s Third Party Banking subsidiary.
In September 2022, BEN retained its title of being the most trusted bank in Australia, as it continues to build its reputation as the country’s better big bank.
In addition to being the most trusted bank in the country, Bendigo Bank was named as one of the most trusted brands in Australia with a Net Promoter Score (NPS) of 24.5.
Bendigo Bank’s NPS is 26.3 points higher than the average of the Australian banking sector.
There is a diverse and large BEN team behind Connective Select who are committed to delivering a quality product and service offering to Connective brokers and their client. The team adheres to the Rules of Engagement document to ensure there is never any risk of channel conflict – Connective brokers can be confident their clients will not be poached by the Bank behind Connective Select.
BEN relies predominantly on deposit funds for new lending and not wholesale securitization – this means the Bank is less exposed in an increasing interest rate environment.
BEN and its subsidiaries (including Adelaide bank) is a participant in the Government’s Financial Claims Scheme (FCS). This means funds available held in Select loan offsets are protected under the FCS to $250,000.
Amongst other environmentally responsible initiatives, BEN does not currently lend to projects in the coal and coal seam gas sectors.
