About Us

MyState Limited (MYS) is the non-operating holding company of a diversified financial services group listed on the ASX and is a leading provider of banking, trustee and wealth management services to customers across the country through our retail brands - MyState Bank and TPT Wealth.

MyState Limited was formed in September 2009 following the merger of MyState Financial, an authorised deposit-taking institution, and TPT Wealth, a trustee and wealth management company. On 1 December 2011, MyState Limited acquired The Rock Building Society (The Rock) based in Central Queensland. On October 6, 2014, following authorisation from the Australian Prudential Regulation Authority (APRA) MyState Financial changed its name to MyState Bank (MyState). On 30 September 2015 MyState Bank received regulatory approval to fully transfer all of the business undertakings of The Rock into MyState Bank Limited.

Regulatory framework

MyState Limited and MyState Bank Limited are regulated by the Australian Prudential Regulatory Authority. MyState Bank and TPT Wealth hold Australian Financial Services Licences and Australian Credit Licences issued by the Australian Securities and Investments Commission.

Operational structure

MyState Bank and TPT Wealth operate as separate subsidiaries. The MyState Limited executive management structure shares responsibility for common operational areas across all subsidiaries and was designed to deliver 'one team' efficiencies in areas of shared services while preserving the core elements for marketplace delivery of separate brands.

Headquartered in Tasmania, its diverse business operations cover:

Banking Services Trustee Services Wealth Management
Transactional & Internet banking Estate Planning
Insurance & other alliances Estate & trust administration Managed fund investments
Savings & investments Power of attorney Portfolio Administration Services
Personal & Business lending Corporate & custodial trustee Portfolio Advisory Services
Business Banking & Agribusiness

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