About Police Bank
Police Bank is a secure, modern financial institution offering access to a wide range of products and services through enhanced delivery channels combined with a discounted fee structure.
The organisation originally started as NSW Police Credit Union (PCU) in the early 1960′s when a group of Police Officers at Clarence Street Police Station in Sydney had the vision of forming a mutual organisation for the benefit of all Officers. PCU was officially registered and opened for business in 1964 with just 60 Members. Today, we have grown to be one of the biggest and most successful financial institutions in Australia, testament to the loyalty and support our Members provide us.
Police Bank is supervised by the Australian Prudential Regulation Authority (APRA) to maintain operational standards which ensures security of our Member’s funds. APRA is the same body that supervises the major banks. Police Bank is governed by its Board of Directors who are elected by Members at the Annual General Meeting.