Member Matters October 2019


 member matters spring banner



It has been another busy quarter for BankVic as we strive to continually enhance our members’ banking experience.

We have seen interest rates drop to a record low in recent months and I am proud that we have been able to pass this benefit onto our members, ensuring we remain a competitive alternative to the big 4 banks.

Making it possible for our members to own their own home is core to BankVic’s purpose and is something that aligns closely to the work our team members do every day. In this edition, we have included some handy tips to help you make your home buying dream a reality.

This quarter, BankVic has been pleased to support numerous events, including the inaugural Hawthorn Football Club Emergency Services match, and Eastern Health’s wellbeing week. We will also be sponsoring The Blue Light Foundation’s gala night.

In addition, we are delighted to have signed sponsorship agreements with organisations such as Victoria Police Legacy, reinforcing our commitment to supporting Victoria’s first responders and their communities.

Our 45th Annual General Meeting will be held on Thursday November 14. The AGM is not only an opportunity to discuss our performance over the past year but also to engage with our members about the future of BankVic. We encourage all our members to attend and have a say on what matters to them.

All of us at BankVic were deeply saddened by the passing of former Victoria Police Chief Commissioner Mick Miller. We extend our heartfelt sympathies to Mr Miller’s family, friends and colleagues, and the Victoria Police and Victoria Police Legacy communities.

Faith Page


BankVic news


Drum roll please! Congratulations to the winners of the Win the Ultimate Getaway CGU insurance competition, Andrew and Jessica.

They have both won $10,000 to put towards an ultimate getaway of their own and we couldn’t be happier for them!


win the ultimate getaway Pictured: BankVic Chief Lending Officer Mark Smyth and one of the winners, Jessica.


2019 Annual General Meeting (AGM)

The Larwill Studio, Parkville, Melbourne

BankVic’s 45th Annual General Meeting will be held on November 14 2019. Eligible members will receive an AGM notice and an invitation with more details in advance via email or letter by post if they have not provided us with an email.






VPL agreement 

In July, BankVic and Victoria Police Legacy (VPL) signed a 3-year sponsorship agreement. It was a proud moment, as our BankVic Chair Marianne Luttick and VPL Chair Commander Lauren Callaway APM signed the agreement with BankVic CEO Anthony De Fazio as other members of the VPL Board looked on.

This is an important partnership as BankVic continues our tradition of supporting current and retired members of Victoria Police.



The BankVic team spent a week at Box Hill Hospital to promote health and wellbeing within the workplace,and spend time with our members. There were plenty of fun activities including free coffees, smoothie bikes and massages on offer every day.

We understand that our members are constantly on their toes caring for others and can often miss out on taking time for themselves, so we partnered with Eastern Health to bring the fun and relaxation into the workplace.

Eastern Health wellbeing week


BankVic is proud to be a sponsor of the inaugural Blue Light Gala night.

Blue Light Victoria is responsible for creating programs that target vulnerable young people and those at risk of creating of becoming a victim or perpetrator of crime. It was founded together with Blue Light Disco and while they still run the iconic discos, they also focus on helping youth foster a positive relationship with police.

The Gala night is Blue Light’s major fundraising event for this year, taking people back in time to the Blue Light Discos they attended in their youth.

The Gala Night will be held on Friday 8th November at The Park at Albert Park from 7pm until midnight. Tickets are $150 per person or $1500 for a table of ten.To book your ticket visit

Don’t forget to bring your disco flare!

Blue Light Gala 


Emergency Services Match


On a cold Friday night in July, BankVic joined over 500 Emergency Services personnel at the MCG to watch the inaugural Emergency Services Match between Hawthorn and Collingwood.

The match was created to celebrate and recognise the work of Victoria’s Emergency Services personnel from Victoria Police, Ambulance Victoria, Metropolitan Fire Brigade,Country Fire Authority (CFA), Victoria State Emergency Services (SES), Life Saving Victoria, Forest Fire Management Victoria and Emergency Services Telecommunications Authority (ESTA).

Interactive Fan Zone

We started the night outside the MCG in the interactive fan zone complete with fire trucks, ambulances, police horses and Tesla car and horses, SES Vehicles and over 10,000 fans on the way into the ground. They had the oppotunity to come in and say hi to all the emergency services personnel and to check out all of the amazing vehicles.

Fans then had a chance to celebrate personnel from each of Victoria’s emergency services with a moving ceremony on the MCG ground prior to the big clash.

BankVic’s Emergency Services Champion

A highlight of the night, apart from Hawthorn’s 4-point win, was the announcement of BankVic’s Emergency Services champion. Senior Sergeant Niall Warring of Victoria Police was recognised for his contribution to the emergency services sector. Having worked for Victoria Police for 19 years, initially across a variety of uniform and specialist areas before becoming a Detective and working in the Purana Task Force. He was also a member of the elite Joint Counter Terrorism Team investigating threat to life matters of state and national importance. In 2018 Niall was awarded a Valour Award, Victoria Police’s highest award given to officers who have displayed exceptional bravery in extremely perilous circumstances. We were honoured to meet Niall, a truly deserving Champion.

We are delighted to partner with the Hawthorn Football Club to recognise and celebrate Victoria’s front line police and emergency services personnel and look forward to next year’s Emergency Services Match.


Tips for first home buyers

Buying your first home often marks a significant milestone in your life. However, rather than feeling excited about this period in life, people often find the process stressful and overwhelming. We have developed some handy tips to help guide you the process and make it less daunting.


All experts recommend researching before buying a house but deciding where to start can often be difficult for first home buyers. Some topics to start with include researching the area you want to live in, asking the neighbours for feedback on the area and finding out why the property is for sale in the first place.


Be honest with yourself about how much you spend currently and any future expenses you are likely to incur. This will help you figure out how much of a deposit you can save up and what loan repayments you can afford.

Take advantage of grants

Do your research to find out if you are eligible for any grants that are available for first home buyers. For example,you may be eligible for the Victorian Government’s First Home Owners Grant.

Find out more at

Find the right home loan for you

Whether you are ready to purchase right now or are seeking loan approval to start shopping around, BankVic has a range of home loan options for you to choose from, including our First Home Buyer Package which includes a competitive rate home loan, no establishment or ongoing fees and other benefits to help first home buyers. So why not call one of our friendly loan consultants today on 13 63 73 option 4.

Disclaimer: The information above general in nature and does not take into account any of your personal circumstances. Please consider whether this advice is appropriate for you.





Identity theft and theft of personal information including banking information have cost Australians $16 million this year and this figure is likely to keep rising.

There are several ways scammers try to obtain your personal information.

These include:

• Phishing emails and text messages which impersonate banks and utility providers

• Fake online quizzes and surveys

• Fake job advertisements

It is important that you always remain alert to the signs of a potential scam. If you receive unexpected notifications from BankVic,call us immediately.

Visit for more information about common scams and how to avoid them.

*source: ACCC Scamwatch


*source: 6967bv