primary sources . please improve this by adding secondary or tertiary sources . january 2016 learn how and when to remove this template message this article is an orphan as no other articles link to it . please introduce links to this page from related articles ; try the find link tool for suggestions . august 2015 bankvic type bank industry financial services founded 1974 headquarters melbourne australia key people john mugavin chairman stephen capello chief executive officer products banking investment insurance financial planning total assets a 1.22 billion june 2014 1 number of employees 150 website http www.bankvic.com.au bankvic previously known as police financial services ltd. or police credit is a member owned bank in australia founded by police officers in 1974 as a credit union . it now serves police and other emergency service workers people in the health industry and other public servants as well as their families and friends . in 2011 police credit reported that the organisation had 91 000 members employed 120 staff and had 1 billion australian in assets under management . 2 on 1 june 2013 police credit became bankvic . in 2014 bankvic celebrated its 40th anniversary and is one of victoria s largest mutual banks with assets in excess of 1.3 b and over 97 000 members . 1 the bank is wholly owned by its members who are all equal shareholders . 3 as a co operative it is not focused on profits or paying dividends to shareholders . all profits from the bank s products and services are reinvested into the organisation for members to directly benefit . their key responsibility is to help members achieve a more secure financial future . 3 bankvic was awarded the 2014 canstar customer owned banking institution of the year making it back to back winners after winning money magazine credit union of the year in 2013 . the bank supports a wide variety of police health and community organisations such as the blue ribbon foundation and limbs 4 life . references edit notes a b bankvic 2014 annual report http www.policecredit.com.au img pdfs annual report 2011.pdf pg . 6 a b http www.policecredit.com.au about police credit.aspx external links edit bankvic website abacus australian mutuals this article about an australian corporation or company is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title bankvic & oldid 701628272 categories credit unions of australiaaustralian company stubshidden categories articles lacking reliable references from january 2016all articles lacking reliable referencesorphaned articles from august 2015all orphaned articlespages using infobox company with unsupported parametersarticles created via the article wizardall stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 25 january 2016 at 17 23 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view