About Hume Bank
Hume started as the Hume Co-operative Building & Investment Society Ltd. and was registered on 4th April 1955.
Hume was founded by a group of Albury residents who were dissatisfied with the availability of funds for housing and wanted to help local people purchase their own homes. Hume provided a local alternative for housing finance, something that was becoming increasingly difficult for prospective home owners to find because of regulatory rationing.
Hume began operations employing three staff in the accounting firm offices of Mr Jim Russell in Dean Street, Albury. Mr Russell was the Society’s first secretary. By the end of 1955, Hume had 58 customers, with loans of 43,164 pounds and deposits of 37,990 pounds… Continue reading about Hume Bank here.
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