When you join Reliance, you're not just a customer. You're a member. And Reliance Member Banking is run by our members.
When you buy shares in Reliance, you become a part owner - on equal standing with every other member. This means we're not subject to pressure from external shareholders to increase our profits at your expense. Our profits belong to you (our members!) and are returned to you through better rates, lower fees and better service.
It's all pretty simple really.
To become a member of Reliance Member Banking you will need to:
The member share is a "redeemable preference share". This means that, when you resign your membership of Reliance, we refund you your subscription price (one thing to note: your member share is not transferable).