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AAP
AAP
National
Tara Cosoleto

ME Bank fined $820k for misleading home loan customers

the Federal Court
A judge said Me Bank not taking an audit warning seriously enough is "important and significant". (James Ross/AAP PHOTOS)

ME Bank has been fined $820,000 for misleading its home loan customers on changes to minimum repayments.

The institution, which was acquired by the Bank of Queensland in 2021, pleaded guilty to four charges in the Federal Court before being sentenced on Friday. 

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