SYDNEY, Australia–Qantas Credit Union has officially changed its name in what it described as a bid to differentiate itself from its competitors. The credit union will now be known as Qudos Bank. The name change came at the request of the airline, Qantas, but was something the credit union said it had been considering for some time.
Qudos Bank CEO Scott King told local media the new name and branding marks a significant milestone in the company’s history.
“Australia now has 12 credit unions which have made the move to include ‘bank’ in their name and have benefited from new membership and growth,” King said. “We’ll continue to be a customer-owned bank, with profits going back to our members in the form of better rates, fairer fees and more rewarding banking.”
As a part of the rebrand, Qudos also unveiled a new website, as well as an upgraded mobile banking app compatible with Android and Apple devices.
Quodos Bank said the changes represent phase one of its project to deliver technology enhancements over the next three years.
