July 2019 Communiqué

60 Years – Our Story

01 July 2019

60 Years – Our Story

We’ve been helping the Australian Defence community make the most of their money since 1959. As Australia’s longest serving Defence financial institution, we appreciate the unique aspects of life in the Defence.

Here are a few key milestones over the past 60 years:

  • 1959 – Founded as the Navy (Civil Staff) Co-op. Ltd (NSW) with 160 members.
  • 1971 – Expansion of memberships to civilian employees, Army and RAAF in NSW.
  • 1975 – Membership extended nationally to all serving Navy
    members. Name was changed to Navy Defence Credit Union.
  • 1983 – Name changed to Australian Defence Credit Union (ADCU), after the transfer of operations of the Army Defence (NSW) Credit Union.
  • 2000 – Expansion into ten RAAF Bases.
  • 2014 – Launch of RSL Money.
  • 2015 – Name changed to Australian Military Bank and launched Military Rewards Account.
  • 2017 – Reselected by Department of Defence as a DHOAS Home Loan Provider.
  • 2018 – Launch of new Core Banking and Digital Banking offerings.
  • 2019 – Achieved $160,000 of charity donations via our Military Rewards Account.

How Can Members Get Involved?
Keep a look out on our website, social channels and at your local branch.


Your browser is out-of-date!
click here to access online banking click here to upgrade your browser