List of banks in Australia

The following is the list of banks in Australia, as well as restricted authorised deposit-taking institutions (ADI), credit unions and subsidiaries and branches of foreign banks in Australia. Financial institutions in Australia are supervised by the Australian Prudential Regulation Authority (APRA) as authorised deposit-taking institutions (ADI) under the Banking Act 1959 (Cth), as at 2 August 2017.APRA, "List of Authorised Deposit-taking Institutions" , as at 2 August 2017

Central bank The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the Reserve Bank Act 1959 removed the central banking functions from the Commonwealth Bank. The bank's main policy role is to control inflation levels within a target range of 2–3%, by controlling the unemployment rate according to the 'non-accelerating inflation rate of unemployment' (NAIRU) by controlling the official cash rate.

Authorised deposit-taking institutions Authorised Deposit-taking Institutions (ADIs) are corporations authorised to conduct banking business in Australia; however, the Financial Claims Scheme (FCS) guarantee applies exclusively to banks, building societies, and credit unions, and does not cover all ADI categories such as payment facilities.

Incorporated in Australia According to APRA statistics as of 11 December 2025, there are 71 Australian-owned ADIs, along with seven foreign-owned banks that are locally incorporated in Australia. It is worth noting that several of these banking groups operate under multiple brand names.

+ Banks incorporated in AustraliaNotes:OMB: Operating multiple brands. Refers to a bank's strategy of maintaining and operating two or more distinct consumer-facing brands, often following consolidation or the merger and acquisition of other banking institutions under a single operating license.BIG4: Big Four retail banking group in Australia.Bank: Special status. The bank is undergoing closure or acquisition/integration. For details, please refer to the Notes. Domestic banks No.Bank nameHeadquartersEstablishedSWIFT-BICNotes1Alex BankBrisbane20182AMP BankSydney1849AMPBAU2S3ANZBIG4Melbourne1835ANZBAU3MAustralia and New Zealand Banking Group (ANZ) was officially formed in 1970 through the then-largest bank merger in Australian history, combining the Australia and New Zealand Bank (itself formed by the 1951 merger of the Bank of Australasia and Union Bank of Australia) with the English, Scottish & Australian Bank (ES&A). ANZ has aggressively expanded its footprint, particularly in New Zealand, where it acquired the government-owned PostBank in 1989 and, most significantly, the National Bank of New Zealand in 2003 from Lloyds TSB. While the National Bank brand was initially retained, it was retired in 2012, unifying operations under the ANZ brand. Continuing its strategy of growth through acquisition, ANZ recently strengthened its domestic position by acquiring Suncorp Bank in 2024, specifically targeting its mortgage and deposit base in Queensland.4Australian SettlementsSydney1993ASLLAU2C5Avenue BankSydney20216Bank of QueenslandOMBincluding BOQ Specialist (BOQS) and ME BankBrisbane1863QBANAU4B7Bendigo BankOMB formerly the Bendigo & Adelaide Bank, including Rural Bank and Up BankBendigo1858BENDAU3B8BNK Banking CorporationOMBincluding Goldfields MoneyPerth1982GOMNAU619Commonwealth BankBIG4 OMBincluding BankwestSydney1911CTBAAU2SCommonwealth Bank of Australia (CBA), established in 1911 as a government-owned bank, is the nation's largest financial institution and the only one of the "Big Four" to have been fully privatized (a process completed in 1996). While CBA grew significantly through earlier mergers, such as acquiring the State Bank of Victoria in 1991, its most pivotal modern expansion occurred during the Global Financial Crisis in 2008. Taking advantage of market volatility, CBA acquired Bankwest (the Bank of Western Australia) from the distressed UK lender HBOS for A$2.1 billion. This acquisition cemented CBA market dominance in Western Australia, allowing Bankwest to operate as a distinct regional brand until its strategic transition in 2024 to become a digital-only division within the group.10CuscalSydney1966CUSCAU2S11IN1BankSydney201912IndueBrisbane1965IDLTAU4213Judo BankMelbourne201614Macquarie BankSydney1969MACQAU2SMacquarie Group originated in 1969 as Hill Samuel Australia, the local subsidiary of a UK merchant bank - Hill Samuel & Co, before obtaining a full Australian banking license and rebranding to Macquarie Bank in 1985. Unlike the retail-focused "Big Four," Macquarie built its reputation as a global leader in infrastructure asset management and investment banking (often dubbed the "Millionaire's Factory"). A pivotal moment in its domestic history was the 1999 acquisition of the investment banking assets of Bankers Trust Australia, which eliminated a key rival and solidified its local dominance. Internationally, Macquarie aggressively expanded its funds management capabilities, most notably through the acquisition of US-based Delaware Investments in 2010 and Waddell & Reed in 2021, transforming it into a top-tier global asset manager.15Members Banking Grouptrading as RACQ BankBrisbane1965QTMBAU4116MyState BankHobart2009MYSTAU7117National Australia BankBIG4 OMBincluding UbankMelbourne1982NATAAU33National Australia Bank (NAB) was formed in 1982 through the merger of the National Bank of Australasia and the Commercial Banking Company of Sydney. Historically, NAB pursued an aggressive international expansion strategy, most notably in the United Kingdom where it acquired Clydesdale Bank (1987) and Yorkshire Bank (1990). However, following a strategic shift to refocus on its core domestic franchise, NAB fully divested its UK operations in 2016 through the demerger of CYBG (now Virgin Money UK). In the domestic digital market, NAB launched UBank in 2008 as a branchless division. This digital presence was significantly upgraded in 2021 when NAB acquired the neobank 86 400 for approximately A$220 million, merging it with UBank to leverage 86 400’s modern technology stack while retiring the neobank's brand.18Norfinatrading as Suncorp BankBrisbane1902METWAU4BFollowing the completion of its acquisition of Suncorp Bank in July 2024, ANZ Group (ANZBGL) committed to maintaining the Suncorp brand for at least five to seven years and operating the bank as a stand-alone entity under its own ADI licence, with plans to eventually surrender the licence and fully integrate the business into the ANZBGL’s ADI licence.19Tyro PaymentsSydney2003TYROAU2220WestpacBIG4 OMBincluding Bank of Melbourne, BankSA and St George BankSydney1817WPACAU2SWestpac, established in 1817 as the Bank of New South Wales (Australia first bank), cemented its position as one of the "Big Four" through a strategic history of acquisitions that created a multi-brand banking group. After rebranding to Westpac in 1982, the corporation significantly expanded its regional footprint by acquiring the Bank of Melbourne in 1997. This was followed by a major merger with St.George Bank in 2008, a deal that also secured ownership of BankSA (which St. George had acquired in 1997), effectively bringing these major regional brands under the singular Westpac Group umbrella while retaining their local identities. Foreign subsidiary banksNo.Bank nameHeadquartersEstablishedSWIFT-BICNotes21Arab Bank AustraliaSydney1986ARABAU2S22Bank of China (Australia)Sydney2005BKCHAU2A23Bank of SydneySydney2001LIKIAU2S24Heartland Bank AustraliaMelbourne197125HSBC Bank AustraliaSydney1985HKBAAU2SHSBC has initiated a strategic review of its retail banking operations in Australia that is widely expected to lead to a market exit, although the bank clarified that no final decision has been reached and its wholesale banking business will remain unchanged.26ING Bank (Australia)trading as INGSydney1999INGBAU2S27Rabobank AustraliaSydney1994RABOAU2B Mutual banksNo.Bank nameHeadquartersEstablishedSWIFT-BICNotes28Australian Military BankOMBincluding RSL MoneySydney1959AUMLAU2129Australian Mutual BankOMBincluding Endeavour Mutual Bank and Sydney Mutual BankSydney1953SYCUAU2130B&Etrading as Bank of usLaunceston1870BETDAU7131Bank Australia including Qudos BankMelbourne1957MCUUAU3132Beyond Bank AustraliaAdelaide1958CPSUAU5133Defence BankMelbourne1959DEFEAU3134Gateway BankSydney1955GCRUAU2135Heritage and People's ChoiceOMBtrading as Heritage Bank, including People's Choice Credit Union and People First BankToowoomba / Adelaide1875HBSLAU4T36Hume BankAlbury1955HUMEAU2137IMBOMBtrading as IMB Bank, including The ShireWollongong1880IMTIAU2138Maitland Mutualtrading as The Mutual BankMaitland1888MMBTAU2139Newcastle Greater Mutual GroupOMBincluding Newcastle Permanent and Greater BankNewcastle2023ASLLAU2C40Police & NursesOMBtrading as P&N Bank, including BCU BankPerth1990PLNSAU6141Police BankOMBincluding Border Bank and Heritage IsleSydney1964POIEAU2142Police Financial Servicestrading as BankVicMelbourne1974POFVAU3143QPCUtrading as QBANKBrisbane1964QPUUAU4144Queensland Country BankTownsville1971QCCNAU4145Regional Australia BankArmidale1969CNMCAU2146Teachers Mutual BankOMBincluding Firefighters Mutual Bank, Health Professionals Bank and UniBankSydney1966TMUTAU2147Unity BankOMBincluding G&C Mutual Bank and Reliance BankSydney1970MMPCAU2148Victoria Teacherstrading as Bank FirstMelbourne1972VITCAU31 Credit unionsNo.Firm nameHeadquartersEstablishedSWIFT-BICNotes49Central Murray Credit Uniontrading as Central Murray BankYarrawonga1972CUCNAU3150Central West Credit UnionParkes1966CWCUAU2151Coastline Credit Uniontrading as Coastline BankKempsey1966CTRIAU2152Community First Credit UnionOMBtrading as Community First Bank, including Easy Street Financial Services and Illawarra Credit UnionSydney1959CFCIAU2153Credit Union Australiatrading as Great Southern BankBrisbane1946CUAUAU4154Credit Union SAAdelaide1958CEUIAU5155Dnister Ukrainian Credit Co-operativeMelbourne1951DUCCAU3156Family First Credit Uniontrading as Family First BankLithgow1967FFCUAU2157Fire Service Credit UnionAdelaide1972FSRUAU5258First Option BankMelbourne1965FOEUAU3159Ford Co-operative Credit Societytrading as Geelong BankGeelong1974FCRSAU3160Goulburn Murray Credit Union Co-operativeShepparton1955GMCUAU3161Horizon Credit Uniontrading as Horizon BankWollongong1964HCRUAU2162Laboratories Credit UnionSydney1954LCRNAU2163Macarthur Credit Uniontrading as The MACCamden1971MCCUAU2164Northern Inland Credit UnionTamworth1970NICUAU2165Orange Credit Uniontrading as Bank OrangeOrange1964OCRNAU2166Police Credit UnionAdelaide1970PCRNAU5167Railways Credit Uniontrading as MOVEBrisbane1968RARUAU4168South West Slopes Credit Uniontrading as SWSBANKYoung1972SWSRAU2169Southern Cross Credit UnionKingscliff1966SCDUAU2270Summerland Financial Servicestrading as Summerland BankLismore1964SURNAU2171The Broken Hill Community Credit Uniontrading as Broken Hill BankBroken Hill1973BHCCAU2172The CapricornianRockhampton1959CPNIAU4173Traditional Credit UnionDarwin1994TARUAU8174Transport Mutual Credit UnionSydney196475Warwick Credit Uniontrading as Darling Downs BankWarwick1970WCRUAU4176WAW Credit Union Co-Operativetrading as BankWAWWodonga1961WCUCAU3177Woolworths Team BankSydney1971WERUAU31 Other ADIsNo.Firm nameHeadquartersEstablishedSWIFT-BIC78Cairns Penny Savings & Loanstrading as Cairns BankCairns1899

Restricted ADIs As of 11 December 2025, there are currently no restricted authorised deposit-taking institutions regulated by APRA.

Local ADI rankings Presented below is a ranking of ADIs based on CET1 capital accumulation within all local banking subsidiaries as of September 2025.