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Who is

Police Bank

About Police Bank

Police Bank is a mutual financial institution servicing the wider Police Community, offering products & services for every stage of life, from Savings & Transaction Accounts to Home Loans & Insurance.

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 mutuals 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.

Vision

To be the trusted Bank of choice for The Police Family and associated community groups

Values

Sources of Values

Honouring excellence of the Police Force 

Member owned mutual bank

Competitive Products, and Quality Service

Mutual Bank – An Alternative and Proud of It

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.

Police Bank Constitution