MyState (ASX:MYS) completed the integration process after the merger with Auswide Bank in February to operate under a single banking license, according to a Friday filing with the Australian bourse.

Auswide will undertake a voluntary transfer of all its assets and liabilities to MyState Bank in December, as approved by the Australian Prudential Regulation Authority (APRA), the filing said.

Auswide's authorized deposit-taking institution license will then be surrendered to APRA, per the filing.