Australian Military Bank
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Australian Military Bank is an Australian member-owned bank serving the Defence community, including serving personnel, veterans and their families. Founded in 1959 as the Navy (Civil Staff) Co-op, it provides savings and transaction accounts, term deposits, home loans, car loans and personal loans. Customers access its services through digital banking, branches and customer support teams.
| Legal name | Australian Military Bank Ltd |
|---|---|
| ABN | 48087649741 |
| Established | 1959 as Navy (Civil Staff) Co-op., membership now extends beyond Defence personnel [1] |
| Banking access | Branch banking is available, including locations on Defence bases where access restrictions may apply. [3] |
| Ownership classification | Owned by its members. [4] |
Savings rates
Compare allRates p.a. at a balance of $699.
| Christmas Club | Visit | 2.00% | 2.00%Ongoing cap: No cap | No cap | - | - | - | 0 | - | $0 | 0 | - | - | - | - | $0 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Online Saver | Visit | 0.10% | 4.85%Ongoing cap: $500K | $500K | - | - | - | 0 | - | $0 | 0 | - | 0 | 11 | - | $0 | - |
| Pension Access Account | Visit | 2.00% | 2.00%Ongoing cap: No cap | No cap | - | - | - | - | - | $0 | 0 | - | - | 55 | - | $0 | - |
Source: noren.com.au
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Savings products
Christmas Club
A variable-rate savings account. The reviewed ongoing rate has no monthly activity requirements.
Online Saver
A variable-rate savings account. Bonus interest depends on meeting the account’s monthly requirements.
Pension Access Account
A variable-rate savings account. The reviewed ongoing rate has no monthly activity requirements.
Useful links
Similar institutions
Sources and review
- Institution background (support.australianmilitarybank.com.au)
- APRA ADI register (apra.gov.au)
- Banking access (australianmilitarybank.com.au)
- Ownership classification (australianmilitarybank.com.au)
Australian Military Bank data reviewed . Next profile review due .