UBank

UBank
Company typeDivision
IndustryFinancial services
FoundedOctober 1, 2008 (2008-10-01)
FounderGerd Schenkel
HeadquartersSydney, Australia
Key people
  • Philippa Watson (CEO)
  • Greg Sutherland (Founding Chair)
  • Ahmed Fahour (Founding CEO Sponsor)
ProductsBanking, financial and related services
ParentNational Australia Bank
Websiteubank.com.au

UBank is an Australian direct bank, operating as a division of National Australia Bank (NAB). It was established in 2008, providing savings and home loans online as well as over the phone.

UBank operates under NAB's banking licence and uses its balance sheet, risk management and technology infrastructure. UBank also participates in the Australian government's deposit guarantee scheme.