Defence Bank commenced operations in March 1975 as Defence Force Credit Union Limited (Defcredit) before changing its name to Defence Bank in 2012. Today, Defence Bank has 39 branches around Australia.

Unlike many other financial institutions, Defence Bank doesn’t exist to make profits for shareholders. We’re here to focus on your financial needs, rather than being driven to make profits for shareholders. We re-invest our profits back into the Bank to make sure we give you the service and competitive products you deserve.

Defence Bank offers financial products and services to not only the Australian Defence Force, but the broader community as well. With more than 90,000 members and more than $1.7 billion in assets under management, Defence Bank is one of Australia’s larger member-owned banks.

We will ensure that the Defence Community choose to belong to Defence Bank for their financial needs.

Our Values


We are open, honest and trustworthy and treat others with respect.

Member Focus

We will always focus on fulfilling the needs of our members and ensure our activities enhance Defence Bank.


We work together to achieve a shared vision.

Attitude and Effort

We have a positive attitude and take responsibility for our performance and development.

Innovation and Improvement

We champion new and improved ways of doing things.


We respect and value our role in the Defence Community.

Defence Bank remains consistently busy sponsoring major sporting events, community events and family activities right across Australia.

In addition, the Defence Bank Foundation was established in 2012 to provide funding to help the wounded, injured and ill current and ex-serving ADF personnel and their families.