For police, emergency, health and government workers
BankVic Membership Benefits
Enjoy amazing benefits with your BankVic membership.
Award-winning home loans
For years BankVic's home loans have been recognised for our commitment in delivering value to our members
More than just a bank
We were established to serve you and help you go further in life.
See testimonials
Our profits are reinvested
As a member owned bank, our profits are reinvested into improving your experience and giving back to the communities you care about.
More information
Award-winning deposits
We won Money Magazine's term deposit award in 2026.
Our products
Wherever you are on your financial journey, we've got you covered.
Everyday account
A day to day bank account that gives you easy access to your money with $0 fees
Apply now
Savings accounts
Savings accounts that can help you achieve your goals faster
Find out more
Term Deposits
Invest with peace of mind knowing your rate is locked in for the long term
See our rates
Credit Cards
Our credit cards are fee-free and provide great features which you can use for your daily needs or that next overseas trip.
Find out more
Home loans
Award-winning home loan products for investors and owner occupiers.
See how much you can borrow
Special police offers
Products designed to suit the unique needs of police members.
Find out more
Eligibility
When you join BankVic you become a member and equal shareholder in a 100% member-owned bank. Your membership shares cost $10 upon joining.
As the bank for the police, emergency services, and health workers, our profits are reinvested to provide better value banking and to support our community.
You may apply for BankVic membership if you are an Australian citizen or resident and you are either:- a member or an employee of a police force
- a person involved in emergency services, health work, or the government sector, as defined below
- a family member of one of the above BankVic members
In particular, eligible members are:
- Police - any employee of an Australian State, Territory or Federal Police Force and any member or employee of The Police Association of Victoria (TPAV), Northern Territory Police Association (NTPA) or Australian Federal Police Association (AFPA).
- Emergency Services - any employee of an Australian State, Territory or Federal Emergency Services provider.
- Health – any registered health practitioner with the Australian Health Practitioner Regulation Agency (AHPRA), as well as any employee or contractor of an Australian public or private hospital.
- Government - any employee of the Australian Government Sector, defined as an employee of a federal government primary body within the Australian Government Organisations Register (AGOR) and the corresponding equivalent bodies for State and Territory governments.
To be eligible for a BankVic home loan, you must be a BankVic member. You can apply for membership as part of your home loan application.
Membership
Here are some of the most common questions we receive about BankVic membership.
To become a member, you’ll need to purchase a $10 share, as BankVic is a member-owned bank. This can be deducted from your opening deposit. Being a BankVic member gives you access to our range of banking products and services. If your membership is ever closed, your $10 share will be refunded.
In most cases, within two business days, as long as all required information is provided at the time of application.
Yes. Once you’re a member, eligible family members (including children) can also join and access BankVic products and services.
Once you’re a member, you can open accounts, apply for loans and access our full range of banking services.
Yes. As long as you meet the eligibility criteria, you can become a BankVic member wherever you live in Australia.
For your home loan journey
Watch these short videos of our Financial Wellbeing Manager, Angela Martin, on why BankVic may suit you for your home loan needs.