Bendigo and Adelaide Bank (BEN) has announced an after-tax statutory profit of $227.3m for the six months ending 31 December, and noted that more customers are paying down their mortgages.

Bendigo and Adelaide Bank boss Mike Hirst is warning homeowners there is a limit to how far interest rates can fall.

Bendigo and Adelaide Bank’s unique policy of charging its own customers to withdraw cash is facing a consumer backlash.

This article is reported by Bank Victims American Correspondent, BendigoBanksters

Bendigo Bank has entered into a partnership with an "alliance" of four credit unions.