Bank Australia – Bank of Australia – Review

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Bank Australia – Bank Australia was established in 2003 as a consumer’s cooperative bank situated at Kew, Victoria, in Australia with as its Managing Director as Mr. Damien Walsh.Bank of Australia

In the year 2011, the trading name was changed to bankmecu as Mecu Ltd became Australia’s first customer owned bank. In 2012, they had 125,000 customers across Australia.

Bank Australia has about 348 employees across Australia; in addition, it has excess assets of a$2.8 billion.

In just a year of its formation, Mecu Ltd became the first credit union in the world to become a signatory to the United Nations Environmental Programme Statement by Financial Institutions on the Environment & Sustainable Development.

In 2010, the company implemented staff sustainability awards to recognize staff that has made a significant contribution to sustainability in the workplace.

Bank Australia’s business practices are based on a values-based system focusing on environmental, social, and economic responsibility.

Bank Australia – Bank of Australia – Review

The organisation undertakes a variety of initiatives to build capacity within the community through social programs,

such as its Community Investment Program, which establishes how the organisation maximises its positive impacts in the community, prioritising those that are most relevant to the company’s core business, products, services, members, and employees.

Bank Australia – Bank Of Australia – Bank of Australia Service and Products

They are into retail banking, and offer different services like: savings and checking accounts, mortgages, personal loans, debit and credit cards, certificates of deposits.

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Number of Australia Credit Union that Have Joined Bankmecu Known As Bank Of Australia

The list of the credit unions that have joined bank Australia Include thus:

  • ABG Credit Co-operative Limited
  • Agnes of Highett Co-operative Credit Society Limited
  • Echuca Parish Co-op (Echuca CU)
  • Bendigo and District Credit Union (North West Country Credit)
  • Burwood Community Credit Union
  • Choice Credit Union Limited
  • College Credit Union
  • Dependable Credit Union
  • Doncaster and the Templestowe Credit Union
  • Education Credit Union
  • Holy Redeemer Credit Co-operative
  • IPC Credit Union
  • Kingmoor Co-operative Credit Society Limited
  • Kraft Employees’ Credit Co-operative Limited
  • Laboratories Co-operative Limited
  • Macaulay Community Credit Co-operative
  • Media Credit Union
  • Members Australia Credit Union
  • Moe Credit Co-operative
  • Maroondah Credit Union
  • Outlook Credit Union
  • Professionals First Credit Union (APESMA)
  • Provident Credit Co-operative Limited
  • SEC Credit Union (Enterprise Credit Union)
  • Sirocredit (CSIRO Co-operative Credit Society)
  • St Bridgets Co-operative Society
  • Tertiary Credit Union
  • Uni Credit Union
  • RegionalOne Credit Union
  • Kennington Parish Co-op (Golden City Credit Co-op)
  • Sacred Heart Bendigo Co-op (Sandhurst Credit Union)
  • St Kilian’s Co-op

Number of Australia Credit Union that Have Joined Bankmecu Known As Bank Of Australia

  • St Mary’s Kyneton Co-op (Kyneton Co-op)
  • Echuca Parish Co-op
  • St Mary’s Castlemaine& District Co-op (Castlemaine& District Co-op)
  • Maryborough Parish Co-op
  • St Columbas Co-op Credit Society
  • St Patrick’s Co-op Credit Society
  • St Mary’s Golden Square Co-op
  • Redan – Sebastapol Co-op Credit Society
  • St Joseph’s Quarry Hill Co-op
  • Daylesford Christian Family Co-op
  • Mildura Parish Co-op
  • White Hills Parish Co-op
  • Mildura Parish Co-op (Mildura Credit) (Sunraysia Credit Union)
  • Stawell Credit Co-op
  • Colac& District Credit Co-op
  • Ballarat Base & Associated Hospitals Credit Co-op
  • M B John Employees Co-op
  • Ballarat East Credit Union Co-op
  • Ballarat Co-op Credit Union (GoldCredit)
  • The Waverley Credit Union
  • Fitzroy and Carlton Community Credit Co-op
  • Bendigo Home and Hospital Credit Co-op
  • Bendigo Credit Co-op
  • Ararat Credit Co-op
  • St Alipus Co-op


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