We're 100% owned by our members. All our profits are reinvested into our business or the communities we're a part of. Find out more.

We're about people before profits

We're 100% owned by our members. All our profits are reinvested into our business or the communities we're a part of.

Why BankVic?

History

Our History

Our heritage is important to us and we are committed to ensuring we remain relevant for all our members.

  • Where it all began

    50 years ago, six Victoria Police officers saw the need to support the financial wellbeing of their colleagues. Today, BankVic has grown to over 120,000 members from the police, health and emergency services sector. As a bank that is 100% owned by our members, we are proud to reinvest our profits into our members and their communities including our partnerships with Victoria Police Legacy, Blue Ribbon Foundation, and The Police Association Victoria.

  • Where are we now

    We exist to serve those who protect and serve our community. As the small bank of big opportunity, we want to make a real impact in the work we do. Small enough to care about every member, yet big enough to matter, we have $3 billion in assets and have provided over 40 grants, partnerships and sponsorships so our members can go further in their careers and have even greater impact in the community.

  • Where to next

    We know we are stronger together. As a certified B Corporation, we are committed to building stronger communities that are financially, socially and environmentally sustainable. From supporting grassroots emergency services sporting teams, developing future leaders in the health sector, or investing in critical research, we are passionate about supporting the causes that matter most to our members. Our work is underpinned by our core values of Together, Honest and Brave.

Journey

  1. The beginning

    Established in 1974 to serve the Victoria Police, working a storeroom in the Police Association building

  2. Growing with the Emergency Services

    In 1979 we opened our membership to people working in Victoria's firefighting services

  3. The bank for police, emergency and health workers

    In 1992 BankVic opened membership to the emergency services sector, including Ambulance workers, health workers and the public sector

  4. 2013 - The Police Credit Co Operative becomes BankVic

    On 1 June 2013 the business renamed itself to BankVic, with the shield and stars logo connecting us to our Police heritage and our five member bonds.

  5. 2020 - BankVic becomes a certified B Corp

    Our purpose-driven commitment toward all stakeholders was recognised with the B Corp certification.

Why BankVic?

Our Leadership

Taking care of business

OUR CULTURE

Terms and conditions

We recommend that you read the following documents: