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.
Many of us are making conscious decisions to do our bit to create positive change like switching to clean energy, buying organic food or reducing plastic waste. But did you know your choice of bank can have a huge impact on the world?
This is because the money you put in your account is used by banks to make loans and investments. The types of loans banks make can go to industries that do good or those that do harm. So where your money ultimately goes shapes the world we all live in. Learn about what we do and don't lend to.
We started in 1957 as the CSIRO Co-operative Credit Society. Since, we have joined together 72 credit unions and co-operatives on our way to becoming Australia’s first customer-owned. In 2015, we changed our name to Bank Australia.
We are owned by our customers. This means we don’t answer to shareholders. Our profits are returned to customers through better rates and fees and our investments are used to create positive social and environmental change.
Our Everyday Access transaction account provides you with everything you need to do your daily banking. With an attached Visa Debit you also have access to your money internationally and have 24/7 fraud monitoring.
What you get:
General advice warning: In providing you with this information you should consider the appropriateness of this advice with regards to your particular financial situation and needs. You should consult the Product Disclosure Documents before making a decision to apply for products with Bank Australia.
*Eligibility criteria apply. You must deposit $2k to the Everyday Transaction Account each month or maintain $50k in total banking value to earn a monthly fee waiver the following month.
^From 31 March 2020 through to 31 August 2020, we are waiving the monthly account fee on Everyday Access and Commercial Access.
Bank Australia is committed to delivering memorable and superior service to all customers. We welcome your feedback, compliments and/or complaints about our performance.
® Registered to BPAY Pty Ltd ABN 69 079 137 518