MyState Bank is a wholly owned subsidiary of MyState Limited, a national diversified financial services group. MyState Limited formed in September 2009 following the merger of MyState Bank and Tasmanian Perpetual Trustees Limited. Now, our strengths as an Authorised Deposit-taking Institution are offered alongside those of TPT Wealth Limited (formerly Tasmanian Perpetual Trustees Limited) complementing their heritage as a trustee and wealth management company.
MyState Bank is the largest Tasmanian-owned financial institution, with strong roots in the Tasmanian community.
Financial Strength & Prudential Information
MyState Bank is an Authorised Deposit-taking Institution (ADI) branches in 14 locations across Tasmania and Central Queensland. Key areas for maintaining our financial strength are Capital Adequacy, Responsible Liquidity and Capital Management and achieving maximum returns on Assets and Equity while limiting Financial Risk.
Responsible management and long-term expertise ensure MyState Bank continues to maintain its position of strength across these areas, and as an ADI, MyState Bank is regulated, as are all banks and financial institutions, by the Australian Prudential Regulation Authority (APRA).
Comprehensive prudential information can be obtained from any MyState Bank branch, or at mystatelimited.com.au.