Suncorp Bank home loans are offered by Suncorp Bank, a Queensland-based bank that has been owned by ANZ since 31 July 2024. Suncorp Bank has been one of the lenders on the Ingram Financial panel. This page is a factual profile to help borrowers understand who Suncorp Bank is and where its home loans may fit. However, it is not a rating, an endorsement or a recommendation.
Update, 6 October 2026: Suncorp Bank is no longer accepting applications for home loans from 7 October 2026, as it prepares to move its customers to ANZ (Suncorp Bank). Industry reports say this also covers changes for existing customers that need a new loan contract, such as a top-up (Broker Daily). Existing Suncorp Bank home loans carry on as normal for now, and customers are moving to ANZ products progressively by June 2027 (Suncorp Bank). We have kept this profile for existing Suncorp Bank customers. If you want to review your options, we can compare ANZ and the other lenders on our panel for you. Read our guide to what the Suncorp Bank move to ANZ means for you.
Suncorp Bank at a Glance
| Item | Detail |
|---|---|
| Lender type | Bank (authorised deposit-taking institution), registered as Norfina Limited trading as Suncorp Bank |
| Owned by | ANZ, since 31 July 2024 |
| Founded or established | 1902 as the Queensland Agricultural Bank; Suncorp-Metway formed by merger in 1996 |
| Regulated by | APRA as an ADI, and ASIC as a credit and financial services licensee |
| Listed on the ASX | Not separately; parent ANZ Group Holdings Limited is listed (ASX code ANZ) |
| Home loans for | Owner-occupiers, investors, first home buyers, self-employed borrowers and refinancers |
We checked these details in September 2026 against Suncorp Bank’s own website and independent sources such as APRA’s register of authorised deposit-taking institutions.
Ownership and History of Suncorp Bank
Suncorp Bank’s story begins in 1902, when the Queensland Agricultural Bank opened to lend to rural communities. In 1996 Suncorp, Metway Bank and the Queensland Industry Development Corporation merged in Brisbane to form Suncorp-Metway, which grew into one of Australia’s larger financial services groups, combining banking and insurance.
Suncorp Group later agreed to sell its banking business to ANZ. After approvals from the Australian Competition Tribunal and the Federal Treasurer, ANZ completed the acquisition on 31 July 2024. Suncorp Bank’s legal entity is now Norfina Limited, which remains an authorised deposit-taking institution in its own right within the ANZ group.
Suncorp Bank is no longer part of Suncorp Group, the insurer. It continues to use the Suncorp Bank name under a brand licence while ANZ migrates customers across, after which ANZ plans to retire the Suncorp Bank brand. You can read more about the parent on our ANZ profile.
What the Change Means for Existing Suncorp Bank Customers
- Your current loan doesn’t change for now. Your rate, repayments and loan contract continue, and you can keep banking with Suncorp Bank as usual until you are moved across.
- New borrowing needs a new lender. If you need a top-up, a new loan or another change that requires a new loan contract, it will now go to ANZ or another lender.
- Multiple offsets. Suncorp Bank’s Everyday Options account can offset the main account and up to nine sub-accounts against your loan (Suncorp Bank). ANZ doesn’t currently offer multiple offset accounts: its home loans link one offset account to each loan (ANZ). ANZ could change this before the move is complete, but it hasn’t announced any change so far.
- It may be a good time for a review. If your loan needs are changing, we can compare ANZ with the other lenders on our panel, including lenders that offer more than one offset account. See refinancing for how switching works.
Home Loan Types Suncorp Bank Offered
Until it closed to new applications on 7 October 2026, Suncorp Bank offered the following home loan types. Existing customers keep their current loan until they move to ANZ.
- Owner-occupied home loans, with variable and fixed rate options
- Investment property loans
- Construction loans with progress payments
- Refinancing from another lender
- First home buyer loans
- Home loans for self-employed borrowers
Help for Suncorp Bank Customers
Of course, every lender has its own policies, processes and quirks, and the move to ANZ adds another change to keep track of. Shannon Ingram can look at your current Suncorp Bank loan, explain what the move may mean for you, and compare ANZ with the other lenders on our panel if a change makes sense. We help clients across the Sutherland Shire in person, as well as across Australia by phone and video. When you are ready, contact us or book a free chat below.
Suncorp Bank Home Loan FAQs
Yes. Suncorp Bank is the trading name of Norfina Limited, an authorised deposit-taking institution regulated by APRA.
ANZ. ANZ completed its acquisition of Suncorp Bank from Suncorp Group on 31 July 2024. Suncorp Bank continues to trade under its own name under a brand licence while customers move to ANZ.
No. Since the 2024 sale to ANZ, Suncorp Bank is not part of Suncorp Group, the insurer. The bank uses the Suncorp name under licence.
No. Suncorp Bank stopped accepting applications for home loans from 7 October 2026 as it prepares to move customers to ANZ. New loans now go to ANZ or another lender.
For now, nothing changes. Your loan continues on its current terms, and Suncorp Bank says customers will move to ANZ products progressively by June 2027. Suncorp Bank will contact you about the move.
Ingram Financial has no ownership ties to Suncorp Bank or ANZ. We checked the lender information on this page in September 2026 and updated it on 6 October 2026. However, it may change, and the lender sets product availability, policies and eligibility criteria.
The information on this page is general in nature and does not take into account your objectives, financial situation or needs. Lending criteria, fees and charges apply. Consider whether it is appropriate for you and speak to us for advice specific to your situation.