About BankVic

BankVic Overview
Bank for police, health and emergency services

BankVic, established by police officers, is one of Victoria’s largest mutual financial institutions with over 120,000 happy members and customer satisfaction rating of about 90%. The Bank offers high-quality products and services to Victorian police, emergency and health workers. It offers transaction and high-interest savings accounts, term deposits, personal and home loans, car and travel loans, internet and mobile banking, financial planning, general insurance products, debit cards as well as low rate credit card for everyday banking, Qantas Visa credit card and international money transfers. In 2013, the company became a mutual bank and changed its name from Police Credit Co-operative to BankVic. In 2017, the two new branches were opened - Royal Children’s Hospital branch and Sunshine Hospital branch. In 2020, BankVic became a certified B Corp. For the year ended 30 June 2023, BankVic recorded profit after tax of $15.4 million, total assets of $3.02 billion, loans of $2.3 billion and deposits of $2.7 billion. Residential mortgages accounted for over 98% of its loans. The company was founded in 1974 to serve the Victoria Police and today employs over 200 people. BankVic is the business name of Police Financial Services Ltd.

Credit Ratings:
(Long-term/Short-term)
Moody's: Baa1/P-2/Stable
Standard & Poor's: BBB/A-2/Positive
Ratings as of January 2024

Awards:
Most Recommended Everyday Account (DBM Financial Award)
Best 5-Year Fixed Home Loan (RateCity Gold Award)

Head office address:
Level 3, 215 Spring Street
Melbourne VIC 3000
Australia
Website: bankvic.com.au

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
Australian Credit Licence: 240293

BankVic Branches and ATMs

City West
278 Spencer Street
Melbourne VIC 3000

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

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

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

Sunshine Hospital Branch
176 Furlong Road
St Albans VIC 3021

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

Victoria Police Centre ATM – Level 7 Degani’s Café
Victoria Police Academy ATM
City West Police Complex ATM