Bank Australia is an Australian customer-owned bank based in Collingwood, Victoria. The organisation can trace its origins back to 1957, when the CSIRO Co-operative Credit Society was formed. Over succeeding years, mergers among 72 other credit unions and co-operative banks eventually led to the creation of the Members & Education Credit Union (mecu) in 2003, which became Bankmecu in 2011, and Bank Australia in 2015.
Bank Australia is a member organisation of the Global Alliance for Banking on Values and is a certified B Corporation. As of 2023 it had 186,863 customer-members.
^ ab"2020 Financial Report" (PDF). Bank Australia. Retrieved 4 November 2020.
^Bank Australia. "2023 Impact Report". Retrieved 3 February 2024.
BankAustralia is an Australian customer-owned bank based in Collingwood, Victoria. The organisation can trace its origins back to 1957, when the CSIRO...
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