Bank Australia is the bank for people who believe in a fair and just world. We work with our customers to use their money as a force for good. Bank Australia is the first customer owned bank in Australia and has been operating since 1957. This means they answer to their customers, not external shareholders.
Bank Australia provides everyday banking services and loans to individuals as well as loans to purpose-driven companies and organisations to help them have a positive impact on people and the planet. The bank’s lending is guided by its Responsible Banking Policy, which commits it to never lend to industries that do harm, like fossil fuels, live animal exports or arms/weapons. Instead, they seek to lend to those having a positive impact, such as individual customers, community renewable energy, and community and disability housing.
The Bank Australia Impact Fund donates 4% of after tax profits to projects supporting people and the planet, including their annual Community Customer Grants.
Bank Australia is committed to action on climate change, including their world-first Conservation Reserve, being carbon neutral since 2011 and running on 100% renewable electricity since 2019.
Bank Australia is a member of the Global Alliance for Banking on Values.