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More about bank:
BankVic is an Australian member-owned mutual bank. It was founded as the Police Association Credit Co Operative, commonly known as Police Credit or Police Credit Co-Op, by police officers in 1974 as a credit union. On 1 June 2013, Police Credit became BankVic. It now serves police and other emergency services employees, people in the health industry and other public servants, as well as their families and friends.
The bank is wholly owned by its members, who are all equal shareholders. As a co-operative, it is not focused on profits or paying dividends to shareholders. All profits from the bank's products and services are reinvested into the organisation for members to directly benefit. Their key responsibility is to help members achieve a more secure financial future.