Based in Rockhampton, Queensland, The Rock was established in 1967 and was listed on the Australian Stock Exchange in 1992. In December 2011, The Rock merged with MyState Limited, a national diversified financial services group listed on the ASX. On 30 September 2015 MyState Bank Limited, a wholly owned subsidiary of MyState Limited, received regulatory approval to fully transfer all of the business undertakings of The Rock into MyState Bank Limited. The Rock now operates as a division of MyState Bank Limited (MyState).
Over this time, The Rock has built a strong reputation as the home loan specialist of Central Queensland, offering friendly, personal service with very competitive financial services products from home loans and savings, to cash management accounts and insurance.
With our strong customer focus, we provide these products and services to not only meet our customers’ needs, but also to exceed their expectations. We’re always looking for ways we can better our personal service, convenience, speed and value, and we strive to do all the things we believe banks should be doing.
We proudly offer our services to more than just Central Queensland, with our operations now extending from Cairns to South East Queensland and to our loan customers right across Australia.
Welcome to The Rock.
The Rock is a division of MyState Bank Limited (MyState). MyState is an Authorised Deposit-taking Institution (ADI) regulated, as are all banks and financial institutions, by the Australian Prudential Regulation Authority (APRA).
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 continues to maintain its position of strength across these areas, and as an ADI, MyState is regulated, as are all banks and financial institutions, by the Australian Prudential Regulation Authority (APRA).
Comprehensive prudential information can be obtained from any branch, or at mystatelimited.com.au.
The Financial Claims Scheme (FCS) is the Australian Government’s guarantee on deposits and is administered by the Australian Prudential Regulation Authority (APRA). The FCS guarantees deposits, up to a cap, held in Authorised Deposit-taking Institutions (ADI’s) – this includes Australian banks, building societies and credit unions. It provides protection to depositors up to the limit of the scheme and seeks to provide depositors with timely access to their deposits in the unlikely event of the failure of their ADI.
From 1 February 2012, the FCS guarantees deposits up to a cap of $250,000 per account-holder, per ADI.
The FCS applies to deposits held in MyState’s transaction, savings and term deposit accounts, which includes deposits held in Rock accounts.
For further information regarding the Government guarantee on deposits please visit the APRA website.