ME Bank terminates Melbourne Storm major sponsorship

ME Bank Chief Executive Jamie McPhee said today ME Bank has decided to terminate its sponsorship agreement with the Melbourne Storm Rugby League Club.

The Bank is extremely disappointed by the events, which have come to light in the last 24 hours, relating to the Salary Cap breaches at Melbourne Storm.

"As an organisation ME Bank believes in the principles of strong governance, transparency, integrity, and fairness and we seek to ensure that all of our corporate and community partnerships uphold these same values," Mr McPhee said.

ME Bank will work with Melbourne Storm to manage the conclusion of the sponsorship.

ME Bank is very saddened by the events and the effect these have on the many supporters, members and affiliates of the Melbourne Storm family.

ME Bank has sponsored Melbourne Storm since December 2008.

Jamie McPhee
Chief Executive Officer
ME Bank

Tony Beck
Head of Corporate Affairs
ME Bank

Source: www.membersequity.com.au