Your selected home loans
Founded in 1974 by a group of police officers, BankVic (previously The Police Credit Co Operative) has been supplying its members with great financial products, including a wide range of home loan options, ever since. In 2020, BankVic became a certified B Corp.
Membership is open to police, health, public service and emergency service employees, as well as their families. If that sounds like you, check out the home loan options on offer below.
Your selected home loans
We have almost $500k in savings with BankVic. We also have a $386k Investment Property loan. We have sold the investment property and over $400k was sent to BankVic as part of the settlement on Friday. I called today (Monday) to find out what was happening with the loan. BankVic's response was that they did not know anything about the payment. They later called back to say they had found the money but apparently do not know what to do with it. I tried escalating this to senior management. Senior management won't speak to me because it is beneath them to speak to a member and the loans department won't speak to me because I have escalated the issue to senior management.
* WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
** Initial monthly repayment figures are estimates only, based on the advertised rate. You can change the loan amount and term in the input boxes at the top of this table. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.
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