Why BankVic?
Our Members
History
Our History
Our heritage is important to us and we are committed to ensuring we remain relevant for all our members.
Where it all began
50 years ago, six Victoria Police officers saw the need to support the financial wellbeing of their colleagues. Today, BankVic has grown to over 120,000 members from the police, health and emergency services sector. As a bank that is 100% owned by our members, we are proud to reinvest our profits into our members and their communities including our partnerships with Victoria Police Legacy, Blue Ribbon Foundation, and The Police Association Victoria.
Where are we now
We exist to serve those who protect and serve our community. As the small bank of big opportunity, we want to make a real impact in the work we do. Small enough to care about every member, yet big enough to matter, we have $3 billion in assets and have provided over 40 grants, partnerships and sponsorships so our members can go further in their careers and have even greater impact in the community.
Where to next
We know we are stronger together. As a certified B Corporation, we are committed to building stronger communities that are financially, socially and environmentally sustainable. From supporting grassroots emergency services sporting teams, developing future leaders in the health sector, or investing in critical research, we are passionate about supporting the causes that matter most to our members. Our work is underpinned by our core values of Together, Honest and Brave.
Journey
Our Journey
The beginning
Established in 1974 to serve the Victoria Police, working a storeroom in the Police Association building
Growing with the Emergency Services
In 1979 we opened our membership to people working in Victoria's firefighting services
The bank for police, emergency and health workers
In 1992 BankVic opened membership to the emergency services sector, including Ambulance workers, health workers and the public sector
2013 - The Police Credit Co Operative becomes BankVic
On 1 June 2013 the business renamed itself to BankVic, with the shield and stars logo connecting us to our Police heritage and our five member bonds.
2020 - BankVic becomes a certified B Corp
Our purpose-driven commitment toward all stakeholders was recognised with the B Corp certification.
Why BankVic?
Our Community
Our Leadership
Taking care of business
Anthony De Fazio
Chief Executive Officer
Karl Holden
Chief Financial Officer
Michelle Arundel
Chief People & Culture Officer
Penny Maroulis
Company Secretary
Shane Kuret
Chief Information Officer
Rachel Morley
Chief Growth & Experience Officer
James Haviland
Chief Risk Officer
Rebecca Boissezon
Chief Product & Marketing Officer
OUR CULTURE
Who we are
We are the small bank for people seeking big opportunity. Serving Victoria's police, emergency service and health workers, our culture is shaped by our core values of Together, Honest and Brave.
Our B Corp certification shows our high social and environmental performance and a commitment to accountability and transparency.
Our people are encouraged to grow as individuals, and together we help the people who make our communities better.
We support diversity and different perspectives and we foster a culture of inclusion and collaboration.
News
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ACWAP scholarship winners enjoy professional development opportunities
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Member Matters - January 2025
A message from BankVic Board Director Rhyll Gardner Police Week 2024 Welcoming the Australian Federal Police Association GoodCompany Awards Peer Support Dogs program Law Enforcement Torch Run Gala Ball Blue Ribbon Foundation Charity Ball Royal Melbourne Hospital Celebrating Excellence Awards VA Delegates Conference Victoria Police Legacy Christmas Lunch How we are addressing financial abuse A report on our Annual General Meeting Little Copper Club winners.
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A trip down memory lane with Joanne Ciantar
Joanne Ciantar started working for the Police Association Credit Co-operative in 1986, and over that time she's seen a lot of change and evolution. She takes us through her journey with BankVic.
Terms and conditions
Important things you should know
Information on this page is general in nature and does not take into account your personal circumstances. You should consider whether it is appropriate for you before acquiring the product or service.
Fees and charges may apply. Interest rates are variable and subject to change. Information on our terms & conditions, interest rates and fees & charges are available on request.
We recommend that you read the following documents: