While many of Australia’s largest companies and financial institutions are coming to terms with their values and ethics, Police Bank have a very clear purpose.

Police Bank agrees to promote the principles of Member-owned financial institutions, to meet the financial needs of Members with dignity, honesty and integrity.

Police Bank is a Member-owned financial institution that is focused on the people they serve. There are no external shareholders to influence the course of our activities. This means that profits are returned to Members in the form of better interest rates, products and services.

If you would like to know more about Police Bank you can contact us on 131 728.

New Membership FAQ’s

Who can join?

Membership in the Police Bank is open to employees and their relatives/families/friends of the NSW Police Force, the Australian Federal Police, Emergency Management, Corrective Services, Courts or any other area of law enforcement and associated services. Call 131 728 if you have a question regarding joining Police Bank.

How do I become a Member?

You will need to complete an online application for membership here.

When you apply to become a Police Bank Member, you do not have to pay a membership fee. All we ask is that you guarantee to pay $10 if Police Bank ever ceases to operate to the person/s looking after our winding up.

How can I withdraw my money?

As a Police Bank Member you have many ways that you can access your money.
A Police Bank Redicard or Visa Debit Card can be used to withdraw funds from any Automatic Teller Machine (ATM) in Australia including all the major banks, credit unions, building societies and regional banks. Also with a Visa Debit Card you can also withdraw money at an overseas ATM displaying the Visa symbol. Police Bank Members can also withdraw money at any Police Bank and Customs Bank Branch.

A Redicard or Visa Debit Card will allow you to pay for purchases at any EFTPOS terminal in major retail stores, petrol stations, shops etc. Most outlets will also allow you to withdraw extra cash.

With a Police Bank Visa Debit Card, you can obtain money at any financial institution in Australia or overseas that displays the Visa symbol. You can also pay for goods and services and pay bills over the phone.

Police Bank also has a Member Cheque Book available so you can pay for items.

Make withdrawals at any Australia Post office using the Bank@POST service.

How do I deposit money?

There are a number of convenient ways that you can deposit your money with Police Bank:

With our Autopay service you can have your salary automatically credited to your Police Bank account. For added convenience you can split the deposits any way that you choose, e.g. you can pay your loan, put some money aside in a special savings account and deposit the rest in your day to day account.

Use the Bank@POST facility at any Australia Post office to deposit your funds.

Are you a full service financial institution?

Police Bank offers a full range of financial products and services including home loans, and personal loans, savings accounts, term deposits, financial planning, insurance, direct debits, periodical payments and lots more.

What are your interest rates?

Information is available on our interest rates page or by contacting Police Bank on 131 728.

How safe is my money?

Police Bank is supervised by the Australian Prudential Regulation Authority (APRA) to maintain minimum standards to ensure security of member’s funds. APRA is the same body that supervises the major banks.