Resimac did not acquire St. George Bank, as St. George operates as a major historical consumer brand and subsidiary division under the broader corporate ownership of Westpac Banking Corporation, one of Australia's primary major traditional banking institutions. While Resimac operates as a prominent non-bank financial institution and specialist mortgage lender, it has maintained an independent corporate trajectory through organic portfolio expansion, wholesale funding facilities, and targeted asset finance acquisitions rather than absorbing large retail high-street banking networks like St. George.