NAB’s $10 million investment in Toowoomba

Share

Share

A new Banking Hub in the heart of Toowoomba is set to commence construction in mid-February following approval from the Toowoomba Regional Council.

The $10m build is NAB’s largest investment nationally in its Branch and Business Banking Centre network.

The state of the art 1,200 square metre building will be located on Ruthven Street and will bring together more than 80 personal and business bankers from NAB under the one roof to serve the Toowoomba community.

NAB will be seeking to use Indigenous and local trades as much as possible in the build, and the finished design is set to feature a laneway dedicated to Indigenous artwork from the area.

NAB Retail Executive, Queensland, Chris Francis said NAB’s significant investment in Toowoomba ensures NAB can continue to support customers with their banking needs for the long-term.

“The Garden City of Toowoomba is growing in popularity as a place to live. First home buyers are flocking to the suburbs of Darling Heights and Drayton which are among the most popular suburbs in Queensland for first home buyers,” Mr Francis said.

“With billions of dollars of investment coming down the pipeline on the Inland Rail Link and a new Toowoomba Hospital, Toowoomba is certainly a growth corridor for Queensland, and we want to sure we have a strong physical presence in the community for the future.”

The new-look building will have a Green 5 Star sustainability rating, with net zero emissions in operations and will take approximately 12 months to complete construction.

Upon completion of the build, customers will be able to use SmartATMs, a business deposit machine, coin deposit machine and a quick-change machine that will be available to customers 24/7.

A sketch of the NAB Hub building

 

 

 

 

 

A sketch of the new NAB Hub building

Economy

SEE ALL TOPICS

Media Enquiries

For all media enquiries, please contact the NAB Media Line on 03 7035 5015

Related Articles

  • Business

Australian Open 2025 serves up a grand slam for Melbourne’s economy

Record-breaking crowds at the Australian Open have served up a welcome spending boost to Melbourne’s economy with accommodation the big winner over the last fortnight.

  • 28.01.2025
  • Time to read 3 min read
  • Business

Why business owners say 2025 is their make-or-break ‘year of tech’

Business owners say 2025 will be the year they increase their adoption of AI and invest more in new technology and cybersecurity to boost their efficiency, productivity and competitiveness.

  • 27.01.2025
  • Time to read 4 min read
  • First home buyers

Geelong siblings turn shared dream into first homes

When Madi and her younger sister moved back into their childhood home, they knew it was only temporary. One night, at the kitchen table, the sisters floated an idea: what if they bought a house together?

  • 20.01.2025
  • Time to read 4 min read

Quick links

Business Research and Insights

For more economic news, insights and analysis, visit NAB’s Business Research and Insights