QBANK is a Member Owned organisation that has been privileged to provide financial assistance and wellbeing to our members and their families since 1964. As one of the only dedicated providers of banking products and financial services to the Queensland Police and Emergency Services sector, our commitment is, and will always remain, to serve those who serve Queensland.
We were appointed by the National Housing Finance and Investment Corporation (NHFIC) to the First Home Loan Deposit Scheme Panel allowing us to assist even more of our Members to get into the property market.
QBANK was recognised as an Employer of Choice in The Australian Business Awards 2019. This award acknowledges businesses that have established policies and practices that demonstrate excellent employee recruitment, engagement and retention.
QBANK were one of the first banks to go live with New Payments Platform (NPP) which provided our Members with smarter and faster payments.
We were awarded “Best Mutual Bank” at the Australian Lending Awards recognising our commitment to understanding our Members' needs and creating a positive Member experience.
QPCU converted from a credit union to a Member Owned bank and commenced trading under the name QBANK.
QPCU changed its company name to QPCU Limited at the 2015 AGM.
QPCU celebrated 50 years of serving Members.
The Annual Everyday Heroes Awards was established enabling QBANK to publicly recognise emergency and public service personnel who go above and beyond for the communities they serve.
Workplace ATMs were deployed at Zillmere and Cairns.
Mobile banking was introduced allowing Members web access via mobile phones to complete their banking anywhere, anytime.
Extensive refurbishment was completed at North Quay Head Office, incorporating modern facilities for Member convenience and comfort.
Term Deposits were introduced via online banking – a first for any Australian credit union.
QPCU celebrated 40 years of community dedicated banking. Our history was documented in a Book titled "The History of QPCU 1964 - 2004" by Greg Early, a previous QPCU Director, Vice Chairman of the Board and valued long standing Member.
We opened our Kedron Branch and ATM within the newly relocated Queensland Emergency Services facility at Kedron.
QPCU moved to our current head office premises at 231 North Quay, Brisbane.
QPCU celebrated its 20th anniversary.
QPCU opened a branch at the Oxley Queensland Police Academy to provide further support and services at a convenient location.
QPCU opened Membership to include Fire, Emergency Services and other persons engaged in an occupation principally concerned with the administration of justice and the protection of life and property.
QPCU’s first ATM installation was authorised.
QPCU moved to its first home on the city side of the Brisbane River:
Bontoft House, at 266 Roma Street.
A computerised accounting system was introduced.
The first Annual General Meeting was held with Director appointments confirmed.
The first Annual Report recorded 274 Members with approximately $47,878 in deposits and $55,182 in outstanding loans.
In 1964, QPCU commenced business out of the Queensland Police Union building at 269 Main Street, Kangaroo Point with the first board meeting held on 2 June.
The first official Rules of QPCU were published and sent to all members in 1964.
In 1964, Nives Sawdy (nee Caotanzo) was hired as the first employee of QPCU, starting work as a bookkeeper with a wage of £7. 17s. 9. per week, which now equates to approximately $19 per week.
John Huey published an article in the January 1964 issue of the Queensland Police Journal, calling for interest in the formation of a credit union.