Australian Military Bank

Australian Military Bank, Sydney, NSW
Australian Military Bank

Australian Military Bank Ltd (formerly Australian Defence Credit Union), headquartered in Sydney, provides a wide array of services to Australian Defence Force (ADF), civilian employees, defence contractors and their families. It offers home, car and personal loans, Visa debit cards, low rate credit cards, everyday transaction and savings accounts, term deposits, superannuation and insurance solutions, online banking, mobile banking app, travel money and foreign exchange products. The company was established in 1959 as the Navy (Civil Staff) Co-op Ltd. In 1983, it merged with Army Defence (NSW) Credit Union and was rebranded as Australian Defence Credit Union (ADCU). In December 2015, ADCU changed its name to Australian Military Bank. Today it has more than $1.4 billion in funds under management and serves over 56,000 members through 19 branches, 6 kiosks and 30 ATMs. For the year ended June 30, 2020, the company reported net profit after tax of $2.5 million, total assets of $1.46 billion, members' deposits of $1.31 billion, loans of $1.2 billion and total equity of $98 million. The Bank’s Low Rate Visa Card has been named one of the best value credit cards in Australia by Mozo Experts.

Credit Ratings:
Moody’s: Baa1 / Prime-2
Outlook: Stable

Canstar's 5 star ratings:
Savings and Term Deposit products
New Car Loan
Low Rate Visa Card

Mozo Experts Choice Awards:
Low Rate Visa Card
New Car Loan
Green Loan

Australian Military Bank Branches

Head office address:
Level 18, 45 Clarence Street
Sydney NSW 2000
Phone number: 1300 13 23 28
BSB number: 642 170
ABN: 48 087 649 741