List of banks in Australia

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The following is the list of banks in Australia, as well as restricted ADI's,[1] credit unions, friendly societies and subsidiaries and branches of foreign banks in Australia. Financial institutions in Australia are supervised by the Australian Prudential Regulation Authority (APRA) as authorised deposit-taking institutions (ADI) under the Banking Act 1959 (Cth), as at 2 August 2017.[2]

Central bank[edit]

Australian-owned banks and building societies[edit]

Bank Headquarters Established Owned by / Subsidiary of
86 400 Limited[3] Sydney 2019 Subsidiary of UBank a division of National Australia Bank[4]
AMP Bank Sydney 1849
Australia & New Zealand Banking Group (ANZ) Melbourne 1835
Australian Military Bank (previously Australian Defence Credit Union)[5] Sydney 1959
Australian Mutual Bank (previously Sydney Credit Union & Endeavour Mutual Bank)[6] Sydney 1953
Australian Settlements Limited (ASL)[7] Canberra 1993
Auswide Bank formerly Wide Bay Building Society Bundaberg 1966
Bank Australia (previously Bankmecu) Melbourne 1957
BankFirst Melbourne 1972
Bank of Melbourne Melbourne 2011 Subsidiary of Westpac
Bank of Queensland Brisbane 1863
BankSA Adelaide 1848 Subsidiary of Westpac
BankVic Melbourne 1974
Bankwest Perth 1895 Subsidiary of the Commonwealth Bank
Bendigo & Adelaide Bank Bendigo 1858
Beyond Bank Australia Adelaide 2008
Clean Energy Finance Corporation Sydney 2012 Owned by the Australian Government
Commonwealth Bank Sydney 1911
Defence Bank Melbourne 1975
Delphi Bank (previously Bank of Cyprus Australia)[8] Melbourne 2000 Division of Bendigo & Adelaide Bank
Gateway Bank Sydney 1955
G&C Mutual Bank Sydney 1959
Greater Bank Newcastle 1945
Heritage Bank Toowoomba 1875
Hume Bank Albury 1955
IMB Bank Wollongong 1880
Macquarie Bank Sydney 1969
ME Bank Melbourne 1994 Subsidiary of the Bank of Queensland
MyLife MyFinance[9] Melbourne 2016
MyState Bank Hobart 2009
National Australia Bank Melbourne 1982
Newcastle Permanent Building Society Newcastle 1903
P&N Bank Perth 1990
Police Bank Sydney 1964
QBank[10] Brisbane 1964
Qudos Bank Sydney 1959
RACQ Bank[11] Brisbane 1965 Owned by Royal Automobile Club of Queensland
Regional Australia Bank Armidale 1969
Rural Bank (previously Elders Rural Bank)[12] Melbourne 2000 Subsidiary of Bendigo & Adelaide Bank
St George Bank Sydney 1992 Subsidiary of Westpac
Suncorp Bank Brisbane 1902
Teachers Mutual Bank Sydney 1966
Tyro Payments Sydney 2003
UBank Melbourne 2008 Division of National Australia Bank
Unity Bank Sydney 1970
Up[13] Melbourne 2018 Subsidiary of Bendigo & Adelaide Bank
Volt Bank Sydney 2018
Westpac (previously Bank of New South Wales) Sydney 1817

Restricted ADI (Restricted Authorised Deposit-taking Institution)[edit]

Restricted ADI

Credit Unions[edit]

Credit Union
Australian Central Credit Union Ltd (t/a People's Choice Credit Union)
Australian Military Bank Ltd
B & E Limited
Bananacoast Community Credit Union Ltd
Bankstown City Credit Union Ltd
Big Sky Building Society Ltd
Broken Hill Community Credit Union Ltd
Cairns Penny Savings & Loans Ltd
CAPE Credit Union Ltd
Central Murray Credit Union Ltd
Central West Credit Union Ltd
Coastline Credit Union Ltd
Community Alliance Credit Union Ltd (t/a Illawarra Credit Union, Western City Credit Union, Catalyst)
Community CPS Australia Ltd (t/a Beyond Bank Australia)
Community First Credit Union Ltd
Community Mutual Limited
Country First Credit Union Ltd
Credit Union Australia Ltd
Credit Union SA Ltd
Dnister Ukrainian Credit Co-operative Ltd
ECU Limited
EECU Limited
Family First Credit Union Ltd
Fire Brigades Employees' Credit Union Ltd
Fire Service Credit Union Ltd
Firefighters & Affiliates Credit Co-Operative Ltd
First Choice Credit Union Ltd
First Option Credit Union Ltd
Ford Co-Operative Credit Society Ltd now Geelong Bank
Goulburn Murray Credit Union Co-Operative Ltd
Greater Building Society Ltd
Heritage Bank Ltd
Heritage Isle Credit Union Ltd
Holiday Coast Credit Union Ltd
Horizon Credit Union Ltd
Hume Bank Ltd
Hunter United Employees’ Credit Union Ltd t/a Hunter United
IMB Limited
Intech Credit Union Ltd
Laboratories Credit Union Ltd
Latvian Australian Credit Co-Operative Society Ltd
Lysaght Credit Union Ltd
Macarthur Credit Union Ltd (t/a The Mac)
Macquarie Credit Union Ltd
Maitland Mutual Building Society Ltd (t/a The Mutual)
Maleny Credit Union Ltd
Maritime, Mining & Power Credit Union Ltd
mecu Limited (t/a Bank Australia)
My Credit Union Ltd
Northern Inland Credit Union Ltd
Nova Credit Union Ltd
Orange Credit Union Ltd
Police Financial Services Limited (t/a BankVic)
Police Bank Ltd
Police & Nurses Ltd
Police Credit Union Ltd
Pulse Credit Union Ltd
Quay Credit Union Ltd
Queensland Country Credit Union Ltd
Queensland Professional Credit Union Ltd (t/a Your Credit Union)
Queenslanders Credit Union Ltd
Railways Credit Union Ltd (t/a myMOVE)
Regional Australia Bank
SGE Mutual Ltd (t/a G&C Mutual Bank)
South West Slopes Credit Union Ltd
Southern Cross Credit Union Ltd
South-West Credit Union Co-Operative Ltd
Summerland Credit Union Ltd
Sutherland Credit Union Ltd
Teachers Mutual Bank Limited
The Capricornian Ltd
Traditional Credit Union Ltd
Transcomm Credit Co-Operative Ltd
Transport Mutual Credit Union Ltd
Victorian Teachers Mutual Bank Ltd (t/a Bank First)
Warwick Credit Union Ltd
WAW Credit Union Co-Operative Ltd
Woolworths Employees Credit Union Ltd
Wyong Council Credit Union Ltd

Australian friendly societies[edit]

Friendly society
Austock Life
Australian Friendly Society
Australian Scholarships Group Friendly Society
Australia Unity (parent of Lifeplan Australia Friendly Society)
Centuria Life
Foresters Friendly Society
Friendly Society Medical Association (t/a National Pharmacies)
NobleOak Life
Maryvale Friendly Society
Queensland Irish Association Friendly Society
Sureplan Friendly Society
Transport Friendly Society
Victorian Friendly Societies Pharmacies Association

Foreign-owned subsidiary banks[edit]

Foreign banks wishing to carry on a banking business in Australia must obtain a banking authority under the Banking Act issued by APRA, either to operate as a wholesale bank through an Australian branch or to conduct business through an Australian-incorporated subsidiary. Foreign banks which do not wish to obtain a banking authority may operate a representative office for liaison purposes, but the activities of that office are restricted.

There are a number of foreign subsidiary banks; however, only a few have a retail banking presence — HSBC Bank Australia, Bank of Sydney and Citibank Australia have a small number of branches. Foreign banks have a more significant presence in the Australian merchant banking sector.

Bank Headquarters
Arab Bank Australia Sydney
Bank of China (Australia) Sydney
Bank of Sydney, subsidiary of Bank of Beirut Sydney
Citibank Australia Sydney
HSBC Bank Australia Sydney
HDFC Bank Australia Sydney
ING Bank (Australia) a subsidiary of ING Group, Netherlands Sydney
Rabobank Australia (a subsidiary of Rabobank Nederland from October 1994) Sydney

Branches of foreign banks[edit]

See also[edit]


  1. ^ APRA finalises new Restricted Authorised Deposit-taking Institution licensing framework
  2. ^ APRA, "List of Authorised Deposit-taking Institutions", as at 2 August 2017
  3. ^
  4. ^ "86 400 to combine with UBank to accelerate growth" (PDF). 86 400. 29 January 2021. Retrieved 4 July 2021.
  5. ^
  6. ^ "About us | Australian Mutual Bank". Retrieved 30 November 2021.
  7. ^
  8. ^
  9. ^
  10. ^
  11. ^
  12. ^
  13. ^ "Digital bank up turns, well, up".

External links[edit]