Our Story

Your bank. We appreciate what you do and what you need.

As Australia’s longest serving Defence financial institution we’ve been helping Australian Defence personnel and their families make the most of their money since 1959. After 65 years serving our members, we know a thing or two about the unique aspects of life in the armed services.

We’re dedicated to helping the men and women who protect and serve our community offering customised products, lower fees and competitive interest rates to integrate your service with your financial wellbeing.

As a mutual organisation, Australian Military Bank is run for the benefit of our members who are also our shareholders. This means we’ll always put you first, we;

• manage member funds in excess of $1.45 billion
• offer a digital first 24/7 globally accessible service
• offer ATMs and branches at major defence bases

• 1959: Founded as the Navy (Civil Staff) Co-op. Ltd.
• 1971: Membership extended to civilian employees of the Army and RAAF in NSW
• 1983: We merged with Army Defence (NSW) Credit Union and rebrand as Australian Defence Credit Union (ADCU)
• 2008: Selected by Department of Defence as one of three DHOAS home loan providers
• 2014: Achieve in excess of $1 billion funds under management
• 2015: Membership exceeds 50,000 and new name, Australian Military Bank
• 2018: Launch of new Core and Digital Bank offerings 24/7
• 2019: Awarded Baa1 Stable rating from leading global independent agency Moody’s
• 2020: Achieved $200,000 of charity donations via our Military Rewards Account
• 2022: Became a Platinum Pledge Partner with Soldier On
• 2024: Celebrated 65 years supporting the Defence community