Bank of the Year 2005

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Welcome to Money magazine's inaugural Consumer Finance Awards, including the coveted Bank of the Year 2005 gong.

All the winners, and in particular the five major winners - ANZ Savings and Loans CU (SA), IMB Ltd, Yes Home Loans and GE Money, stay well ahead of the pack when it comes to catering for everyday money needs.

Money partnered with research house CANNEX, Australia's leading banking industry research group, which looked at hundreds of institutions and combed through thousands of products.

bank of the year 2005

From conception to awards nights, the process for Bank of the Year 2005 took close to four months.

"Competition is alive and well in the consumer finance industry," says CANNEX managing director Andrew Willink.

"And awards like these drive the institutions to do even better, which is good news for all of us who use their products."

The winners:

Bank of the Year: ANZ

Credit Union of the Year: Savings and Loans CU SA

Building Society of the Year: IMB Limited

Mortgage Originator (Non-Bank Lender) of the Year: Yes Home Loans

Finance Company of the Year: GE Money

Money Minder of the Year: ANZ

Home Loan Lender of the Year: ANZ

Credit Card Issuer of the Year: St George/BankSA

Personal Lender of the Year: Savings and Loans CU SA

Investment Lender of the Year: CBA

Business Bank of the Year: Westpac

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