Our Story 

When QPCU started in June of 1964 a dream was born. To financially assist and help as many families and individuals who serve in the police, emergency services, ambulance, nursing and public sector as we could. QPCU started off with humble beginnings, our first annual report was a simple affair that was typed manually and stapled.

Today we are one of the largest providers of banking products to this sector with a commitment to our members and the community we serve. At the same time we haven't lost sight of our humble beginnings and the goal to help those who are making a difference in the community, our members. That's why we're a different kind of banking.

"Since 24 October 1969 I have been a member and I can remember distinctly going to the Credit Union to join. In those days it operated on the verandah of the premises of the Queensland Police Union of Employees at Kangaroo Point."
Bob Atkinson, Commissioner of Police, Queensland (QPCU History Book)

Some of QPCU's milestones include: 

1964

On 2 June, 23 people attended QPCU’s first meeting at the Queensland Police Union of Employees office, Kangaroo Point. One of QPCU’s first sponsorship commitments was an education bursary awarded to members’ children for outstanding academic achievements.

The first Board meeting took place at the Queensland Police Union of Employees office.

1965

First Annual General Meeting where director positions were finalised.

First full-time employee started.

First annual report – 274 shareholders, approximately $47,878 in deposits and $55,182 in outstanding loans.

1968

QPCU’s first office manager was appointed.

1970

A computerised accounting system was introduced.

1978

ATM installation was authorised.

1985

Member chequing was authorised.

1993

ATM installation at the Academy and
Police Headquarters was instigated.

1994

Two year fixed term deposits and 12 month fixed term deposits were introduced.

1996

Approval to develop and implement phone and internet banking.

1999

giroPost (now Bank@Post) available to members state-wide.

2007

QPCU begins its partnership with QBE Insurance.

2009

QPCU continues to offer safe and secure financial services to its members. 

A savings passbook used before computerisation - An early QPCU brochure

For more information about the history of QPCU please feel free to download our history book.