Mermaid Waters branch makes Bank of Queensland 130 branches big

The opening of Bank of Queensland’s 130th branch – Mermaid Waters – on New Year’s Eve has made BOQ one of the Gold Coast’s most accessible banks and ensured it met its commitment to have 130 branches by the end of 2003.


Bank of Queensland has opened four new retail branches, a Business Banking Centre and a Private Bank for high-net-worth clients on the Gold Coast in just over a year.


When the Bank opens its next new Gold Coast branches – at Mudgeeraba and Elanora – in a few months, it will have increased its points of face-to-face contact in the City by more than 60% in just over two years.


Cutting the ribbon at Mermaid Waters was Olympic triathlete and “adopted” Gold Coast sporting icon Loretta Harrop, of whom the Bank is a major sponsor.


“As an Olympic athlete, I understand the importance of commitment and the drive for excellence in achieving your goals. I recognise these qualities in Bank of Queensland’s success.


“Bank of Queensland’s commitment to local communities in opening branches when the big banks are closing them is well-known, especially here on the Coast.”


General Manager Retail, Donna Brown said Bank of Queensland’s dedication to the Gold Coast was unequalled by any other bank.


“This commitment contrasts sharply with the big banks which, despite the City’s high and sustained level of growth during the past decade, have closed 34 branches down here.


Bank of Queensland Mermaid Waters will be owned and managed by Kelly and Darren Lawn, who bring more than a decade of business and banking experience to the community, along with a passionate desire to offer the Bank’s renowned person2person™ service.


Mrs Lawn, who established and formerly ran Bank of Queensland’s Private Bank on the Gold Coast, said she was looking forward to really making a difference in Mermaid Waters, saying their branch would be a catalyst for the central Coast’s ongoing residential and commercial development.