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The roots of Police Bank go back to 1964, when it was formed in one small Sydney police station to help enable police to easier access financial products. The first loan provided was for a mere 100 pounds, were today they are able to provide loans in the six figures as well as a full range of savings and transaction account products.
Police Bank takes all of your savings needs into consideration, offering a range of products designed both for passive savers and serious investors. With incentives like bonus interest and years shaved off of your home loan, you have the opportunity to secure a prosperous financial future.
The high interest savings accounts offered by Police Bank are all accessible through their comprehensive online banking system. This free service can be easily obtained by contacting Police Bank at their assistance center. Once registered you have the freedom to make your banking transactions anytime you want from anywhere in the world. Internet banking with Police Bank is almost as if you are visiting a branch. You can conduct almost all of the same transactions electronically as well as access features that will help make managing your finances easier.What is internet banking like for Police Bank?
Notable features include:
Login Page | Accounts | Payments |
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You are given a number of options when you choose to lock your money away in a Police Bank term deposit. The minimum deposit is $1,000 and you can decide on terms that range from three months to five years. You can even opt for monthly interest payments, bi-annual or at maturity. There are no fees required to maintain the account, but you will need a nominated account to receive interest payments in.
The first step in opening a Police Bank account is to apply for membership and open a transaction account. You will be given the opportunity to receive cash just for joining the credit union, and even more money if you opt to open at least three other savings accounts at the time that you apply for membership. They will attempt to verify your identity electronically with information from your driver’s licence or passport, and once completed you membership and account details will be forwarded to you.
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I have a Police Bank account and want to know the percentage for a 12 month term deposit for $140,000
Hi Judy,
Thanks for your question.
At the time of writing, a 12 month term deposit is offering 2.85%p.a. (interest paid at maturity).
Police Bank offer a wide range of term deposits, I’d encourage you to give them a call to see what they can offer you.