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About Us

We’re proud of our police heritage and the award-winning credit union we’ve become...

Who we are

As a credit union, we have supported our customers for over 50 years… We first opened our doors in 1970 to service the financial needs of South Australian police, with officers literally turning their caps upside down on pay day to pool their funds and provide loans to other officers.

Now, we’re for everyone, with over 40,000 happy customers.

Although we now offer our banking services to everyone, we still honour our police heritage with our Platinum package available for police, healthcare professionals such as nurses, as well as emergency services workers and firefighters. 

With seven branches across SA and NT and four Relationship Managers, we offer a full range of comprehensive and competitive banking products including award-winning home loanscar loans, personal loans and credit cards, as well as outstanding everyday accountssavings and investment accounts and general insurance products.

Further to this, we offer our customers 24/7 access to their money with our state of the art facilities including our Banking App, Online Banking, Fast Payments and Digital Wallet options with Apple PayGoogle Pay and Samsung Pay.

What is a credit union?

A credit union is a member-owned financial institution, and although a credit union has some similarities to a bank, there are some important differences.

We’re like a bank but better!

  • A credit union’s priority is its customers. We put them first by providing highly competitive banking products, all while delivering exceptional customer service.
  • Unlike banks, credit unions are member-owned, this means that every customer (also known as a member) has an equal share in our business. They are our shareholders.
  • All our profits are reinvested into providing better service, rates, products and value for its customers.
  • Every member can have their say on how we run our organisation when they are invited to attend our Annual General Meeting where they have the opportunity to provide direct feedback.
  • As a credit union, we are not a publicly listed company on the Australian Securities Exchange (like many major Australian banks are) which means we can focus on providing the best return to our members and not external shareholders.
  • A credit union is not obliged to any external shareholders or pays dividends, rather our priority is to deliver a customer service that is second to none.

“People continue to see banks focus on delivering profits to shareholders, and understand that because we are member-based we can reinvest into developing better products and services, provide exemplary customer service, and give back by supporting a range of important community initiatives.” Costa Anastasiou – CEO, Police Credit Union

Why us?

As a member-owned organisation, 100% of our profits go back into providing our members with market leading rates and personal service.

Read more

Our history

As Police Credit Union celebrated its 50th birthday in 2020, we took the opportunity to reflect on where we started, the journey along the way, how much we have grown and where we see ourselves in the future. 

Thank you to the participants in this video for their important contribution and enduring support as we move into the next era of the credit union.

Watch our video to find out more…

Corporate Governance

Learn more about our Corporate Governance.

Financial Claims Scheme

Learn more about the Financial Claims Scheme.


Don’t just take our word for it, here’s what some of our customers have to say:

When you go into a Police Credit Union branch you are greeted by your christian name and we know the staff in our branch by their christian name. To get that sort of service, and for them to know you on a personal level, you just don’t get that with the big banks. I find that really refreshing and an easy way to do my banking.

Roger and Jane, Walkley Heights SA

It’s so awesome! I love it already! Thank you for your help with everything, I really appreciate how easy the process was.

Alice, Angaston SA

Read more


Our market leading products continue to be recognised as some of the best in the country. We have received the following awards from Mozo, Canstar, RateCity and Finder, four of Australia’s most visited comparison sites:


Mozo Awards
Finder Awards


Canstar Awards
Mozo Awards


Canstar Awards
Mozo Awards
Rate City Awards


Mozo Awards
Rate City Awards


Mozo Awards

Meet the team

Meet our current board and executive teams

Our board and executive teams work together to provide strategic guidance and ensure that the business is doing what’s best for its customers and staff.


  • Portrait of Alexander Paul Zimmermann
    Alexander Paul Zimmermann
    Elected Director and Chairman
    FAICD, FGIA, FGLF, Grad. Cert. Business Admin

    Alex was elected as a Director on the Police Credit Union Board in 1999.

    Read more about Alexander Paul Zimmermann

  • Portrait of Michael John Fisher
    Michael John Fisher
    Elected Director and Deputy Chairman
    FAICD, FGIA, B. Policing (Invest), Dip. Justice Admin., Grad. Cert. Applied Management, Grad. Cert. Business Admin

    Mick was elected as a Director on the Police Credit Union Board in 2000.

    Read more about Michael John Fisher

  • Portrait of Peter John Alexander
    Peter John Alexander
    Elected Director
    LLB, MAICD, Cert. Police Studies, Grad. Cert. HR Management, B. Law, Grad. Dip. Legal Practice

    Peter was elected as a Director on the Police Credit Union Board in 2008.

    Read more about Peter John Alexander

  • Portrait of Ann-Marie Chamberlain
    Ann-Marie Chamberlain
    Appointed Director

    Ann-Marie was appointed as a Director on the Police Credit Union Board in 2022.

    Read more about Ann-Marie Chamberlain

  • Portrait of Susy Daw
    Susy Daw
    Appointed Director

    Susy was appointed as a Director on the Police Credit Union Board in 2023.

    Read more about Susy Daw

  • Portrait of Kevin Lawton
    Kevin Lawton
    Elected Director
    FAICD, B. Mgt, Grad Cert App. Mgt, Assoc Dip Bus, Assoc Dip Justice Admin

    Kevin was elected as a Director on the Police Credit Union Board in 2023.

    Read more about Kevin Lawton

  • Portrait of Kathryn Anne Presser AM
    Kathryn Anne Presser AM
    Appointed Director
    BA (Acc), Grad. Dip. CSP, MBA, FCPA, FAICD, FCIS, FGIA

    Kathryn was appointed as a Director on the Police Credit Union Board in 2015.

    Read more about Kathryn Anne Presser AM

  • Portrait of Thomas Mark Scheffler
    Thomas Mark Scheffler
    Elected Director
    MAICD, Dip. Local Govt., Cert. Police Studies

    Tom was elected as a Director on the Police Credit Union Board in 2016.

    Read more about Thomas Mark Scheffler

Executive Team

  • Portrait of Costa Anastasiou
    Costa Anastasiou
    Chief Executive Officer
    Bachelor of Economics (Accounting), FAICD, FCPA, SA Fin

    Costa was appointed Chief Executive Officer and Company Secretary in July 2007, having commenced employment at Police Credit Union in 2002 in a senior management role.

    Read more about Costa Anastasiou

  • Portrait of Paul Modra
    Paul Modra
    Executive Manager, Member Value and Distribution

    Paul joined the Police Credit Union team in 2001.

    Read more about Paul Modra

  • Portrait of James Came
    James Came
    Executive Manager, Finance
    B.Comm, B.Acc, Higher Diploma in Tax Law, Chartered Accountant

    James joined the Police Credit Union team in 2005.

    Read more about James Came

  • Portrait of Christie Crouch
    Christie Crouch
    Executive Manager, Brand, Marketing and Communications
    B.Psych, M.MKT

    Christie joined the Police Credit Union team in 2010.

    Read more about Christie Crouch

  • Portrait of James O'Loughlin
    James O’Loughlin
    Executive Manager, Lending and Credit Management
    BEc, Grad. Dip. AppFin, MBA

    James joined the Police Credit Union team in 2012.

    Read more about James O’Loughlin

  • Portrait of Ben Stephenson
    Ben Stephenson
    Executive Manager, Technology and Data
    MInfoSysSec, MACS

    Ben joined the Police Credit Union team in 2014.

    Read more about Ben Stephenson

  • Portrait of Laura Fountain
    Laura Fountain
    Head of People and Culture
    Diploma, Human Resources Management

    Laura joined the Police Credit Union team in 2018.

    Read more about Laura Fountain

  • Portrait of Angela Scarfo
    Angela Scarfo
    Head of Risk and Compliance
    BA (Legal Studies), LLB, GradDip (Legal Practice)

    Angela joined the Police Credit Union team in 2023.

    Read more about Angela Scarfo


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