 | |
| Type | Mutual bank |
|---|---|
| Industry | Financial services |
| Founded | 1964 |
| Headquarters | Sydney Australia |
Key people | Greg McKenna, Chief Executive Officer P Remfrey Chairman R Del Vecchio, Deputy Chairman C J Dyson, Director M Fuller, Director D Hudson, Director R Redfern, Director S Waterhouse, Director |
| Products | Banking Investment Insurance Financial Planning Credit Cards Mortgages |
| Total assets |  A$2 billion (2019)[1] |
| Members | 76,470 |
Number of employees | 168 |
| Website | policebank.com.au |
Police Bank Ltd. is an Australian member-owned mutual bank. Founded as NSW Police Credit Union (PCU) on 24 October 1964 by a group of officers from the Clarence Street Police Station in Sydney, its members passed a resolution to enable "Police Credit Union" to become "Police Bank Ltd." on 3 December 2012.
Membership with Police Bank is open to employees and their relatives, as well as friends of the NSW Police Force, Australian Federal Police, Emergency Management Australia, Corrective Services NSW, Australian Courts, or any other area of law enforcement and associated services. Police Bank also offers membership to employees of the Australian Customs and Border Protection Service as well as Australian Quarantine and Inspection Service under their "Customs Bank" subsidiary.
Police Bank is a member of The Customer Owned Banking Association,[2] the industry body representing the Australian mutual and cooperative banking sector. Police Bank is a member-owned institution and has no shareholders.
Police Bank is supervised by the Australian Prudential Regulation Authority (APRA), and is among the 21 Australian-owned banks.[3]
