Yes. We’ve been in business since 1957 and we are one of the strongest small banks in Australia.
We are regulated in the same way as every bank in Australia. Deposits are guaranteed by the Australian Government. Learn more.
Being sharp on price, and making a proﬁt is important to us all. But we believe money should also be put to good use, creating positive social, environmental and cultural outcomes. A kind of mutual prosperity for all.
Not being bound by the demands of investors means we act in the best long term interests of our customers. Put simply, as a customer and part owner of the bank, we’re answerable only to you. We respect your point of view, which is why our customers each have an equal say in how we go about our business.
Customers have been banking with us since 1957 and today nearly 130,000 people and community sector organisations choose to bank with us.
Our profits are reinvested in the bank to provide fairer fees, better interest rates, and the responsible products and services that our customers expect.
And be reassured, we have to meet the same prudential standards that apply to all Australian banks, so you can be certain that banking with Bank Australia is safe and secure.