Australian Banks

Click here for background article on Wikipedia

Updated from Aussie Banks in 2020

Go End

Australian-owned Banks

No. Bank ▲▼ Headquarters Established Owned/Subsidiary of
Commonwealth Bank of Australia Sydney 1911
Bank of Western Australia Limited trading as BankWest Perth 1895 Subsidiary of the Commonwealth Bank of Australia
Australia and New Zealand Banking Group Limited (ANZ) Sydney Dec.1835
Hobart Jan.1836
Launceston Jan.1836
Melbourne Aug.1838
Adelaide Jan.1839
1835
Suncorp Bank

Owned by ANZ Group from 2022

Brisbane 1902
National Australia Bank Melbourne 1858
UBank Melbourne 2008 Division of National Australia Bank Limited
Westpac Banking Corporation formerly Bank of New South Wales Sydney 1817
Bank of Melbourne Melbourne 2011 Subsidiary of Westpac Banking Corporation
Bank SA Adelaide 1848 Subsidiary of Westpac Banking Corporation
St. George Bank Limited Sydney 1992 Subsidiary of Westpac Banking Corporation (Australia) Limited
Macquarie Bank Limited Sydney 1969
Bank of Queensland Limited Brisbane 1874
Members Equity Bank Limited (ME) Melbourne 1994 Subsidiary of Bank of Queensland Limited in 2021
Bendigo and Adelaide Bank Limited Bendigo, Victoria 1858
Delphi Bank previously known as Bank of Cyprus Australia Limited 1986-2011 Melbourne 2012 Division of the Bendigo and Adelaide Bank Limited
Rural Bank Limited Melbourne 2000 Subsidiary of Bendigo and Adelaide Bank Limited
Up Melbourne 2018 Subsidiary of Bendigo and Adelaide Bank Limited
AMP Bank Limited Sydney 1849
Australian Military Bank formerly Australian Defence Credit Union Sydney 1959
Australian Settlements Limited (ASL) Canberra 1993
Australian Unity

Sold BankAustralia

Melbourne 1840
Auswide Bank formerly Wide Bay Building Society Bundaberg 1966
Bank Australia
CSIRO Co-operative Credit Society in 1957, Members and Education Credit Union (Bankmecu) in 2003, Bank Australia 2015, merged with Qudos Bank 2024, Australian Unity Bank Nov 2025
Melbourne 1957
BankFirst Melbourne 1972
BankVic Melbourne 1974
Beyond Bank Australia Adelaide 2008
Defence Bank Melbourne 1975
Gateway Bank Ltd Sydney 1955
Heritage Bank Toowoomba 1875
Hume Bank Albury 1955
IMB Bank Wollongong 1880
MyState Bank Hobart 2009
Newcastle Greater Mutual Group Ltd
(trading as Newcastle Permanent, and Greater Bank
Newcastle, NSW 1903
P&N Bank Perth 1990
Police Bank Sydney 1964
Qudos Bank Sydney 1959 Bank Australia 2024
RACQ Bank
Owned by Royal Automobile Club of Queensland (RACQ)
Brisbane 1965
Regional Australia Bank Armidale 1969
Teachers Mutual Bank Limited Sydney 1966
Tyro Payments Sydney 2003
. Volt Bank
The bank ceased operations in June 2022
Sydney 2018
. Xinja Bank Limited
APRA formally revoked Xinja's ADI license in February 2021
Sydney 2019

Foreign-owned subsidiary banks

Foreign banks wishing to carry on a banking business in Australia must obtain a banking authority under the Banking Act issued by APRA, either to operate as a wholesale bank through an Australian branch or to conduct business through an Australian-incorporated subsidiary. Foreign banks which do not wish to obtain a banking authority may operate a representative office for liaison purposes, but the activities of that office are restricted.

There are a number of foreign subsidiary banks, however, only a few have a retail banking presence – HSBC Bank Australia, Delphi Bank (now an Australian Bank) and Bank of Sydney have a small number of branches. Foreign banks have a more significant presence in the Australian merchant banking sector.

No. Bank Headquarters
Arab Bank Australia Limited Sydney
Bank of China (Australia) Limited Sydney
Bank of Sydney Ltd, subsidiary of Bank of Beirut Sydney
. Citibank Australia
Citibank no longer operates in Australia for its consumer business. National Australia Bank (NAB) acquired the entire consumer division in June 2022, and these accounts and services have since been migrated to NAB.
Sydney
HSBC Bank Australia Sydney
Heartland Bank
a New Zealand Bank, recently acquired Challenger Bank in 2024
Sydney
ING Bank (Australia) a subsidiary of ING Group, Netherlands Sydney
Rabobank Australia Limited (a subsidiary of Rabobank Nederland from October 1994) Sydney

Other Private ADIs Authorised Deposit-Taking Institutions (Credit Unions and Digital Banks)

  1. Alex Bank Pty Limited (a digital bank based in Brisbane, no physical branches)
  2. Australian Mutual Bank
  3. Avenue Bank Limited (a digital bank based in Sydney)
  4. B&E Ltd (Established in 1870 as the Launceston Equitable Building and Investment Society and, after merging with Bass Building Society, was renamed as B&E Ltd in 2001 and has operated as Bank of us since 1 November 2017)
  5. BNK Banking Corporation Limited (previously Goldfields Money Limited
  6. Cairns Penny Savings & Loans Limited (trading as Cairns Bank)
  7. Central Murray Credit Union Limited (trading as Central Murray Bank)
  8. Central West Credit Union Limited
  9. Coastline Credit Union Limited (Trading as Coastline Bank)
  10. Community First Credit Union Limited
  11. Credit Union Australia Ltd (trading as Great Southern Bank)
  12. Credit Union SA Ltd
  13. Cuscal Limited (provides industry services)
  14. Dnister Ukrainian Credit Co-operative Limited
  15. Family First Credit Union Limited
  16. Fire Service Credit Union Limited
  17. First Option Bank Ltd
  18. Ford Co-operative Credit Society Limited (trading as Geelong Bank)
  19. Goulburn Murray Credit Union Co-operative Limited
  20. Horizon Credit Union Ltd
  21. in1bank Ltd
  22. Indue Ltd
  23. Judo Bank Pty Ltd
  24. Laboratories Credit Union Limited
  25. MacArthur Credit Union Ltd (trading as The MAC)
  26. Maitland Mutual Limited (trading as The Mutual Bank)
  27. Northern Inland Credit Union Limited
  28. Orange Credit Union Limited (trading as Bank Orange)
  29. Police Credit Union Limited
  30. QPCU Limited (trading as QBANK)
  31. Queensland Country Bank Limited
  32. Railways Credit Union Limited (trading as MOVE)
  33. South West Slopes Credit Union Ltd (trading as SWSBANK)
  34. Southern Cross Credit Union Ltd
  35. Summerland Financial Services Limited (trading as Summerland Credit Union)
  36. The Broken Hill Community Credit Union Ltd (trading as Broken Hill Bank)
  37. The Capricornian Ltd Trading as The Capricornian Bank
  38. Traditional Credit Union Limited
  39. Transport Mutual Credit Union Limited
  40. Unity Bank Limited (trading as G&C Mutual Bank and Reliance Bank)
  41. Warwick Credit Union Ltd
  42. WAW Credit Union Co-Operative Limited
  43. Woolworths Team Bank Limited

** End of List

Go Top