# Police Bank

Police Bank is a Bank / Wealth / Trust based in Sydney, Australia.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Sydney, Australia
- **Region:** Oceania
- **Address:** Sydney, NSW, Australia
- **Founded:** 1964
- **Assets under management:** Undisclosed
- **Website:** policebank.com.au
- **LinkedIn:** https://www.linkedin.com/company/police-bank-ltd

## Regulatory record

- **Reports private funds:** No

## About

Police Bank is a financial institution founded in 1964 in Surry Hills, New South Wales. It offers financial planning, personal banking, insurance, and loans to police and border force families.

## Questions

### What is the core deployment strategy?

The bank deploys capital through a classic spread-lending model: it pays interest on member deposits and earns a higher rate on mortgage loans, consumer credit, and its treasury bond portfolio. The loan book is heavily weighted toward Australian residential property, with geographic concentration in the eastern states.

### Who runs investment decisions?

Lending and treasury decisions are made by the bank's executive management and credit committee, operating under prudential regulation by the Australian Prudential Regulation Authority (APRA). APRA imposes capital adequacy, liquidity, and lending concentration limits that bind all ADIs. The board includes both professional non-executive directors and member-elected directors, per the mutual's constitution.

### How does the mutual ownership structure affect the bank's posture?

Because depositors are the shareholders, the bank faces no external pressure to maximize profit margins on lending. This tends to result in conservative underwriting and a reluctance to pursue non-core, riskier asset classes. Returns flow back to members through competitive deposit rates and lower loan fees, rather than via dividend distributions to external investors.

## Related profiles

- [Police and Firemen's Retirement System of New Jersey](https://altss.com/profile/police-and-firemen-s-retirement-system-of-new-jersey)
- [Police Mutual](https://altss.com/profile/police-mutual)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/police-bank

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology