Unity Bank is a member owned bank that offers a wide range of financial products and services to our Members and their families Australia wide.Our organisation originally started in 1970 as Waterside Workers’ of Australia Credit Union when a group of dedicated people from the maritime industry got together and decided to form a mutual financial institution for the benefit of all maritime workersand their families. Become a membertalk to usSince then it has expanded and now includes Members in the mining and power industries, their families and the local communities.Today, thanks to the loyalty and support from our Members, we have grown into a strong and healthy financial institution that has remained Member owned and focused.Reliance Bank is a division of Unity Bank Banking with a differenceWe are a Member owned organisation that focuses on delivering value to our Members. We are different to the investor Big Four banks whose main interests are to generate profits so theycan deliver dividends for shareholders.Unity Bank is a Member-owned financial institution that is focused on the people we serve. There are no external shareholders to influence the course of our activities. This means that any surplus is returned to Members in the form of better interest rates, products and services.We are supervised by the Australian Prudential Regulation Authority (APRA) to maintain operational standards which ensures security of our Member’s funds. APRA is the same body that supervises the major banks. Unity Bank is governed by its Board of Directors who are elected by our Members.
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