The following is the list of banks in Australia, as well as restricted ADI's, credit unions, friendly societies and subsidiaries and branches of foreign banks in Australia. Financial institutions in Australia are supervised by the Australian Prudential Regulation Authority (APRA) as authorised deposit-taking institutions (ADI) under the Banking Act 1959 (Cth), as at 2 August 2017.[1]
Bank | Headquarters | Established | Owned by / Subsidiary of | AMP Bank Limited | Sydney | 1849 |
Australia and New Zealand Banking Group Limited (ANZ) | Melbourne | 1835 |
Australian Military Bank formerly Australian Defence Credit Union | Sydney | 1959 |
Australian Settlements Limited (ASL) | Canberra | 1993 |
Auswide Bank formerly Wide Bay Building Society | Bundaberg | 1966 |
Bank Australia (previously bankmecu) | Melbourne | 1957 |
BankFirst | Melbourne | 1972 |
Bank of Melbourne | Melbourne | 2011 | Subsidiary of Westpac Banking Corporation |
Bank of Queensland Limited | Brisbane | 1863 |
Bank SA | Adelaide | 1848 | Subsidiary of Westpac Banking Corporation |
BankVic | Melbourne | 1974 |
Bank of Western Australia Limited trading as BankWest | Perth | 1895 | Subsidiary of the Commonwealth Bank of Australia |
Bendigo and Adelaide Bank Limited | Bendigo, Victoria | 1858 |
Beyond Bank Australia | Adelaide | 2008 |
Commonwealth Bank of Australia | Sydney | 1911 |
[https://www.defencebank.com.au/ Defence Bank] | Melbourne | 1975 |
Delphi Bank previously Bank of Cyprus Australia Limited | Melbourne | 2012 | Division of the Bendigo and Adelaide Bank Limited |
Endeavour Mutual Bank Ltd | Sydney | 1953 |
Gateway Bank Ltd | Sydney | 1955 |
G&C Mutual Bank | Sydney | 1959 |
Greater Bank | Newcastle | 1945 |
Heritage Bank | Toowoomba | 1875 |
Hume Bank | Albury | 1955 |
IMB Bank | Wollongong | 1880 |
Macquarie Bank Limited | Sydney | 1969 |
Members Equity Bank Limited trading as "ME Bank" | Melbourne | 1994 |
MyState Bank | Hobart | 2009 |
National Australia Bank | Melbourne | 1982 |
Newcastle Permanent Building Society | Newcastle | 1903 |
P&N Bank | Perth | 1990 |
Police Bank | Sydney | 1964 |
Qudos Bank | Sydney | 1959 |
RACQ Bank | Brisbane | 1965 | Owned by Royal Automobile Club of Queensland (RACQ) |
Rural Bank Limited | Melbourne | 2000 | Subsidiary of Bendigo and Adelaide Bank Limited |
St. George Bank Limited | Sydney | 1992 | Subsidiary of Westpac Banking Corporation (Australia) Limited |
Suncorp Bank | Brisbane | 1902 |
Teachers Mutual Bank Limited | Sydney | 1966 |
Tyro Payments | Sydney | 2003 |
UBank | Melbourne | 2008 | Division of National Australia Bank Limited |
Unity Bank Limited | Sydney | 1970 |
Volt Bank | Sydney | 2018 |
Westpac Banking Corporation formerly Bank of New South Wales | Sydney | 1817 |
|
Credit Union | Australian Central Credit Union Ltd (t/a People's Choice Credit Union) |
Australian Military Bank Ltd |
B & E Limited |
Bananacoast Community Credit Union Ltd |
Bankstown City Credit Union Ltd |
Big Sky Building Society Ltd |
Broken Hill Community Credit Union Ltd |
Cairns Penny Savings & Loans Ltd |
CAPE Credit Union Ltd |
Central Murray Credit Union Ltd |
Central West Credit Union Ltd |
Coastline Credit Union Ltd |
Community Alliance Credit Union Ltd (t/a Illawarra Credit Union, Western City Credit Union, Catalyst) |
Community CPS Australia Ltd (t/a Beyond Bank Australia) |
Community First Credit Union Ltd |
Community Mutual Limited |
Country First Credit Union Ltd |
Credit Union Australia Ltd |
Credit Union SA Ltd |
Dnister Ukrainian Credit Co-operative Ltd |
ECU Limited |
EECU Limited |
Family First Credit Union Ltd |
Fire Brigades Employees' Credit Union Ltd |
Fire Service Credit Union Ltd |
Firefighters & Affiliates Credit Co-Operative Ltd |
First Choice Credit Union Ltd |
First Option Credit Union Ltd |
Ford Co-Operative Credit Society Ltd now Geelong Bank |
Goulburn Murray Credit Union Co-Operative Ltd |
Greater Building Society Ltd |
Heritage Bank Ltd |
Heritage Isle Credit Union Ltd |
Holiday Coast Credit Union Ltd |
Horizon Credit Union Ltd |
Hume Bank Ltd |
Hunter United Employees’ Credit Union Ltd t/a Hunter United |
IMB Limited |
Intech Credit Union Ltd |
Laboratories Credit Union Ltd |
Latvian Australian Credit Co-Operative Society Ltd |
Lysaght Credit Union Ltd |
Macarthur Credit Union Ltd (t/a The Mac) |
Macquarie Credit Union Ltd |
Maitland Mutual Building Society Ltd (t/a The Mutual) |
Maleny Credit Union Ltd |
Maritime, Mining & Power Credit Union Ltd |
mecu Limited (t/a Bank Australia) |
My Credit Union Ltd |
Northern Inland Credit Union Ltd |
Nova Credit Union Ltd |
Orange Credit Union Ltd |
Police Financial Services Limited (t/a BankVic) |
Police Bank Ltd |
Police & Nurses Ltd |
Police Credit Union Ltd |
Pulse Credit Union Ltd |
[https://www.qbank.com.au QPCU Ltd T/A QBANK] |
Quay Credit Union Ltd |
Queensland Country Credit Union Ltd |
Queensland Professional Credit Union Ltd (t/a Your Credit Union) |
Queenslanders Credit Union Ltd |
[https://www.mymove.com.au Railways Credit Union Ltd (t/a myMOVE)] |
SGE Mutual Ltd (t/a G&C Mutual Bank) |
South West Slopes Credit Union Ltd |
Southern Cross Credit Union Ltd |
South-West Credit Union Co-Operative Ltd |
Summerland Credit Union Ltd |
Sutherland Credit Union Ltd |
Sydney Credit Union Ltd |
Teachers Mutual Bank Limited |
The Capricornian Ltd |
Traditional Credit Union Ltd |
Transcomm Credit Co-Operative Ltd |
Transport Mutual Credit Union Ltd |
Victorian Teachers Mutual Bank Ltd (t/a Bank First) |
Warwick Credit Union Ltd |
WAW Credit Union Co-Operative Ltd |
Woolworths Employees Credit Union Ltd |
Wyong Council Credit Union Ltd |
Friendly Society | Austock Life Ltd |
Australian Friendly Society Ltd |
Australian Scholarships Group Friendly Society Ltd |
Australia Unity Ltd (parent of Lifeplan Australia Friendly Society Ltd) |
[https://web.archive.org/web/20140311012752/http://www.centuria.com.au/financialservices/ Centuria Life Limited] |
Foresters Friendly Society Ltd |
Friendly Society Medical Association Ltd (t/a National Pharmacies) |
KeyInvest Ltd |
NobleOak Life Ltd |
Maryvale Friendly Society Ltd |
Queensland Irish Association Friendly Society Ltd |
Sureplan Friendly Society Ltd |
Transport Friendly Society Ltd |
Victorian Friendly Societies Pharmacies Association |
Foreign banks wishing to carry on a banking business in Australia must obtain a banking authority under the Banking Act issued by APRA, either to operate as a wholesale bank through an Australian branch or to conduct business through an Australian-incorporated subsidiary. Foreign banks which do not wish to obtain a banking authority may operate a representative office for liaison purposes, but the activities of that office are restricted.
There are a number of foreign subsidiary banks; however, only a few have a retail banking presence — HSBC Bank Australia, Delphi Bank, Bank of Sydney and Citibank Australia have a small number of branches. Foreign banks have a more significant presence in the Australian merchant banking sector.
1. ^APRA, "List of Authorised Deposit-taking Institutions", as at 2 August 2017