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Police Credit Union – Annual Report 2022/23

Police Credit Union has remained steadfast in our support of Members during uncertain economic times. Coupled with an unwavering focus on our strategic priorities, these efforts have yielded outstanding results across financial and non-financial measures for the period of review. Our strategic planning priorities continue to be executed with diligence and care, leading to significant […]

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Changes to cheque services from 29 March 2024

From 29 March 2024, our payment services partner will no longer support Police Credit Union in providing cheque services to our Members. This major change affects several credit unions and other financial institutions, as cheque use has decreased significantly. This means our Members will no longer be able to issue any cheques from a Police […]

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Congratulations to our Winning Artists

A big thank you to all the amazing young artists who entered our Kids’ Art Competition for 2023. We received the most entries we’ve ever had and are proud to share so many wonderful and unique artworks! Congratulations to our 13 winners: We’re now hard at work preparing our 2024 Police Credit Union Calendar, so […]

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Rate increases to our Variable Home Loan Interest Rates Effective 1 September 2023

Please take note that, effective 1 September 2023, the annual percentage rate applying to the variable Better Home Loan Special Offer Loan and the Renovation Loan will increase from 5.64% P.A. to 5.89% P.A (+0.25% P.A.). This increase applies to new and existing Owner-Occupied loans. View our rate sheet. […]

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Term Deposit Rate Change August 2023

Members please note, effective 15 August 2023, the following rates will apply to new Term Deposits. Fixed Term Deposits Term Minimum Investment New Rate 3 months $5,000.00 2.90% P.A. 6 months $5,000.00 3.25% P.A. 9 months $5,000.00 3.50% P.A. 12 months $5,000.00 3.95% P.A. 24 months $5,000.00 3.40% P.A. 36 months $5,000.00 3.50% P.A. 48 […]

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Our Banking App makes it easy to Bank On Us!

We’ve updated our Banking App with new features you’ll App-solutely love! So, what are you waiting for? Simply head to your App Store or Google Play today to update the App and take advantage of these great new features! Making it easy to Bank On Us With a fresh new look, easy to use navigation […]

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Police Credit Union named Australia’s Best Credit Union

We are so proud to announce that Police Credit Union has been awarded Australia’s Best Credit Union in the Mozo Experts Choice Awards for Australia’s Best Banking in 2023. Police Credit Union CEO Costa Anastasiou said “It is testimony to our hard-working team that we have been independently recognised as setting the standard as Australia’s […]

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Term Deposit Rate Change July 2023

Members please note, effective 18 July 2023, the following rates will apply to new Term Deposits. Fixed Term Deposits Term Minimum Investment New Rate 3 months $5,000.00 2.00% P.A. 6 months $5,000.00 2.10% P.A. 9 months $5,000.00 2.95% P.A. 12 months $5,000.00 3.75% P.A. 24 months $5,000.00 3.65% P.A. 36 months $5,000.00 3.75% P.A. 48 […]

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Notice Calling for Nominations of Candidates for Election as Directors

The 53rd Annual General Meeting (AGM) of Police Credit Union Ltd will be held at 11:00am on 17 November 2023. In accordance with rule A5-3(1) of the Credit Union’s Constitution, the Board now calls for members to nominate candidates for election as Directors. Nominations must comply with the requirements of rule A5-3(3) of the Constitution […]

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Changes to Foreign Cheques From 1 August 2023

From 1 August 2023, we will no longer accept foreign cheque deposits in branch. As an alternative, please ask the person sending you money to do so via our Incoming International Payments service. To find out more about the alternative ways people can send you money, see more on International Money Transfer. You can also […]

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Term Deposit Rate Change July 2023

Members please note, effective 11 July 2023, the following rate will apply to new Term Deposits. Fixed Term Deposits Term Minimum Investment New Rate 11 months (Special Offer) $50,000.00 5.00% P.A. Please note, these rates are current at the date specified in this post only and therefore may no longer apply. View our current rates. […]

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Savings/Investment Account Interest Rate Change Effective 1 July 2023

Effective 1 July 2023, the annual percentage rates will apply for the following: Master Club Account $2,000 to $51,799.99 1.60% P.A. $51,800 to $249,999.99 2.15% P.A. $250,000.00 and over 4.00% P.A. Beans Savings Account Base tier 0.20% P.A. Including Bonus 3.85% P.A. Bonus rate subject to a minimum deposit of $10 per month before we […]

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Rate increases to our Variable Home Loan Interest Rates Effective 1 July 2023

Please take note that, effective 1 July 2023, the annual percentage rate applying to all variable Police Credit Union owner occupied and residential investment mortgage secured loans and Equity Plus and Allegro Line of Credit Home Loans will increase by 0.25% per annum for all new and existing loans, following the RBA’s announcement on 6 June […]

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