Customer-owned

Police Bank

Customer-owned bank originally for NSW Police, now open to all but with specialist policing-and-emergency-services pricing tier.

SydneyFounded 1964Australian Credit Licence 240018

Police Bank at a glance

Police Bank is a customer-owned (mutual) lender. It offers home loans.

On APRA’s August 2026 figures, Police Bank Ltd held $2.6 billion of home loans on its Australian books: 0.1% of the housing lending by the deposit-taking institutions APRA reports, the 27th largest of the 64 with home loans.

Lender type: Customer-owned
Bank or non-bank: Authorised deposit-taking institution (Police Bank Ltd)
Credit licence: ACL 240018, Police Bank Ltd
Lends: Home loans
Headquarters: Sydney

Strengths

Specialist police and emergency-services packages
Customer-owned

Watch out for

Smaller branch network
Less competitive on standard products

Police Bank loans and products

What Police Bank offers in each category, with the features, eligibility and trade-offs we note. For the current rate on each product, follow the link to Police Bank’s own rate card.

Police Bank home loans

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Current rate: published on Police Bank's own rate card

Alternatives to Police Bank

Other lenders in our directory that offer home loans, starting with other customer-owned lenders.

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Police Bank: frequently asked questions

Is Police Bank a bank?

Yes. Police Bank’s loans are provided by Police Bank Ltd, which is on APRA’s register of authorised deposit-taking institutions (ADIs), the list of banks, building societies and credit unions licensed under the Banking Act 1959.

What is Police Bank’s credit licence number?

Police Bank Ltd holds Australian Credit Licence 240018. You can check a licence on ASIC’s Professional Registers before you apply.

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Last reviewed 13 October 2026

Licensing

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Last reviewed 13 October 2026

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Last reviewed 13 October 2026

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