We are committed to operating RACQ Bank ethically and in line with the appropriate standards of corporate governance.
Members Banking Group Limited, trading as RACQ Bank, is an Authorised Deposit-taking Institution (ADI) regulated by the Australian Prudential Regulation Authority (APRA) under the Banking Act 1959. RACQ Bank is also regulated by the Australian Securities & Investments Commission (ASIC) and licensed under the Corporations Act 2001 as an Australian Financial Services Licensee and an Australian Credit Licensee under the National Consumer Credit Protection Act 2009.
AGM and Annual Reports
Annual reports, Annual reviews and minutes from Annual General Meetings
The RACQ Bank Board is committed to ensuring effective governance practices which foster accountability, transparency and professional integrity within an inclusive framework.
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Customer Owned Banking Code of Practice
Working closely with the Customer Owned Banking Association, the governing body of Australian credit unions and building societies, we’ve helped develop the Customer Owned Banking Code of Practice.