About Us

G&C Mutual Bank is a member owned bank that has been putting its members first since 1959.

We're a different kind of bank, built around a big idea - It’s your bank, because you own it. Every one of our members is an owner with a voice and a say in our future. We make responsible, ethical decisions that benefit our members and the community, and reinvest our profits to provide better products and services for our members.

We’ve been in operation since 1959 and have built a team that values service, teamwork and integrity, to go above and beyond for our members. We have a focus on performance and continuous improvement and work hard, together, to get it right.

We’re customer driven and provide trusted, personalised service. Our call centre is locally based in Australia, and we aim to get to know our members and help them reach their goals. And, we’re there when they need us most.

We’re a bank for you, the people you work with, and the people you know. A more rewarding community bank for everybody.

In March 2025, we entered into a new phase of our journey through our merger with Unity Bank, creating one of Australia’s leading mutually owned banks. Both Unity Bank and G&C Mutual Bank have proud histories and legacies in the communities and industrial sectors in which we each operate, and we share a strong alignment to member owned banking and delivering exceptional value in a fair and equitable manner. Mutuality is deeply ingrained in both our DNA and through this merger we remain steadfast in honouring our origins and commitments, ensuring that our core values and promises to our members, employees and communities remain unchanged.

Our journey

Established in 1959 as the Public Works Department Staff Cooperative, G&C Mutual Bank Limited has since grown to be one of Australia’s strongest member-owned financial institutions. Numerous mergers, solid growth and consistent performance underpin G&C Mutual Bank’s success.

• 1959 Public Works Dept Staff Co-operative
• 1963 Name change to Stateworks Staff Credit Union
• 1970 Name change to Stateworks Credit Union
• 1974 Merger with PSA Members Credit Union
• 1975 Merger with The NSW Institute of Technology Staff Credit Union
• 1976 Merger with NSW State Lotteries Staff Credit Union
• 1977 Merger with Corfairs Credit Union
• 1979 Name change to State Government Employees Staff Credit Union
• 1979 Merger with Propar Credit Union
• 1981 Merger with Youth and Community Service Employees Credit Union
• 1982 Merger with The Mines Department Employees Credit Union
• 1982 Merger with Statedock Credit Union
• 1985 Merger with Regcop Credit Union
• 1991 Merger with The Friendship Credit Union
• 1994 Merger with Forest Road Credit Union
• 1994 Merger with Education Department Credit Union
• 1995 Merger with Public Trust Office Staff Credit Union
• 1997 Merger with Port Botany Bus Depot Employees Credit Union
• 1997 Name change to SGE The Service Credit Union
• 1997 Merger with State Government Employees Community Credit Co-operative - VIC
• 2002 Name change to SGE Credit Union
• 2003 Merger with Money Wise Credit Union
• 2005 Merger with Randwick Credit Union
• 2014 Name change to G&C Mutual Bank
• 2016 Merger with Quay Credit Union
• 2025 Merger with Unity Bank Limited

Our Values

At G&C Mutual Bank, our culture is underpinned by our values. We strive to live these values in all aspects of our work.