BankVic

BankVic, Melbourne, Victoria, Australia
BankVic

BankVic, established in 1974 by police officers, is one of Victoria’s largest mutual financial institutions with over 115,000 happy members, 150 employees and member satisfaction rating of 96%. The Bank offers high-quality products and services to Victorian police, health, emergency and public service employees as well as their friends and families. It offers transaction accounts, high-interest savings accounts, term deposits, home and personal loans, car and travel loans, internet and mobile banking, financial planning, general insurance products, debit cards as well as silver Visa, gold Visa and Qantas Visa credit cards. In 2013, the company became a mutual bank and changed its name from Police Association Credit Co-operative to BankVic. It won three Canstar five-star awards for Visa Silver Credit Card and SMSF products as well as Mozo People’s Choice Award for Banking. In 2017, the two new branches were opened - Royal Children’s Hospital branch and Sunshine Hospital branch. For the year ended 30 June 2020, BankVic reported profit after income tax of $10.1 milion, total assets of $2.3 billion, gross loans of $1.7 billion, deposits of $2.0 billion and members' funds of $196 million. Residential mortgages account for over 97% of its loans. BankVic is the business name of Police Financial Services Limited.

BankVic Credit Ratings
Long-term/Short-term
Moody's: Baa1/P-2
Outlook: Stable

Head office address:
Level 3, 215 Spring Street
Melbourne VIC 3000, Australia
Phone number: 13 63 73
International Call: +613 9268 9373
Opening hours: 9am - 5pm, Monday - Friday
BSB number: 704 230
ABN: 33 087 651 661
Website: bankvic.com.au

Updated December 21, 2020

BankVic Branches

City West
278 Spencer Street
Melbourne VIC 3000

Glen Waverley
Brandon Business Park, Building 4
540 Springvale Road
Glen Waverley VIC 3150

Royal Children's Hospital
Temporarily Closed
Ground Level
50 Flemington Road, Parkville

Monash Medical Centre
Temporarily Closed
246 Clayton Road
Clayton Vic 3168
(Opposite Zouki Cafe)

Sunshine Hospital Branch
Temporarily Closed
176 Furlong Road
St Albans VIC 3021

World Trade Centre
Mezzanine Level
18 - 38 Siddeley Street
World Trade Centre
Melbourne VIC 3005

Victoria Police Centre Branch
Tower 1, Level 24
311 Spencer Street
Docklands VIC 3008, DX 210100
Opening Hours: Monday - Friday, 9:30 am - 4 pm