Bank Australia was registered in 2003 as Members and Education Credit Union after a merger between Members Australia Credit Union and Education Credit Union Co-operative. Calling itself bankmecu in 2011, it was Australia’s first mutual bank. It became Bank Australia in 2015. Bank Australia merged with Intech Credit Union in 2017. Intech had its own storied history beginning as IBM Employees Credit Union in Sydney in 1971.

We hold countless records of the entities that make up Bank Australia including annual reports back to the 1970s, share registers, plaques, newsletters, photographs, video and contemporary governance documents and reports published online.


2003 - Registered as Members and Education Credit Union. Formed from a merger of Members Australia Credit Union and Education Credit Union Co-operative
2004 - Name changed to mecu
2006 - Merged with St. Patrick's Mentone Co-operative Credit Society
2008 - Merged with Macaulay Community Credit Co-operative
2008 - Merged with Uni Credit Union
2009 – Merged with RegionalOne Credit Union
2009 - Merged with Maroondah Credit Union
2011 – Commenced trading as bankmecu
2013 - Merged with Fitzroy and Carlton Community Credit Co-operative
2014 - Merged with Swan Hill Credit Union
2015 - Commenced trading as Bank Australia
2017 – Merged with Intech Credit Union
2025 - Merged with Australian Unity Bank. Merged with Qudos Bank. Continued to trade as Bank Australia