Introduction
It is important to have a financial partner that one can trust. Police Bank is a company that knows what law enforcement professionals need and offers them specific financial products. Police Bank has been providing excellent service and competitive products to become the choice of police force. The following is an outline of the products offered by Police Bank and how they can be useful to police officers.
The History of Police Bank
The Police Bank was founded in 1964 to meet the financial needs of the police and their families only. It has since grown to become one of the biggest mutual banks in Australia with more than 75,000 members. The bank is regulated by the Australian Prudential Regulation Authority (APRA) and operates under the Mutual Banking Code of Practice, which ensures that governance and customer protection to the highest level.
Products and Services
The Police Bank offers a complete range of financial products and services for police officers and their families. Please allow us to introduce you to some of the most important aspects of our product range.
1. Home Loans
Buying a house is one of the most important steps in the life of many people, and Police Bank knows how to find the right mortgage. They provide favorable home loan terms with some of the features like flexible repayment options and the ability to draw down advances. Whether you are a first time home buyer or looking to switch your loan, Police Bank will help you find the loan that is right for you.
2. Personal Loans
For unexpected expenses, or even for a well-earned holiday, you may require personal loans. Police Bank offers personal loans with relatively good interest rates and monthly installment plans. For any amount that you need, our loan specialists are ready to assist you and assist you in getting the right loan.
3. Savings and Investment Accounts
It is important to build wealth and to guarantee your financial future and Police Bank has several accounts that can help you to achieve this. From the high-interest savings account to the term deposits, you can choose the one that fits you best. These accounts provide attractive rates and the ability to withdraw your funds when needed.
4. Credit Cards
Police Bank offers a number of credit cards with low interest rates and additional advantages for police officers. You will also find that we have low-rate cards as well as those that offer rewards and benefits. All our credit cards are accompanied by security features such as fraud protection and 24/7 monitoring to provide you with security.
5. Insurance
It is important to protect yourself and your family and love, and Police Bank can help you with that. You can get different kinds of coverages including home and contents cover, car cover, and travel cover from us at affordable rates. Police Bank also offers income protection insurance so that you are covered in case of a loss of income.
