 | |
| Formerly | CSIRO Co-operative Credit Society (1957–2015) |
|---|---|
| Company type | Customer-owned bank |
| Industry | |
| Founded | 1957 |
| Headquarters | Collingwood, , Australia |
Number of locations | 10 (2024) |
Area served | Australia |
Key people |
|
| Revenue |  A$131.4 million[1] (2020) |
 A$19.63 million[1] (2020) | |
| Total assets | A$10.5 billion[2] (2023) |
| Members | 186,863 (2023) |
Number of employees | 591 (2023) |
| Website | www |
Bank Australia is an Australian customer-owned bank based in Collingwood, Victoria. The organisation can trace its origins back to 1957, when the CSIRO Co-operative Credit Society was formed. Over succeeding years, mergers among 72 other credit unions and co-operative banks eventually led to the creation of the Members & Education Credit Union (mecu) in 2003, which became Bankmecu in 2011, and Bank Australia in 2015.
Bank Australia is a member organisation of the Global Alliance for Banking on Values and is a certified B Corporation. As of 2023 it had 186,863 customer-members.
- ^ a b "2020 Financial Report" (PDF). Bank Australia. Retrieved 4 November 2020.
- ^ Bank Australia. "2023 Impact Report". Retrieved 3 February 2024.