Corporate Governance
Governance
Victoria Teachers Limited trading as Bank First, is an Australian for profit company limited by shares and registered under the Corporations Act 2001. It is a mutual entity with a core objective of benefitting its Members.
Directors
Our Board consists of seven Directors, many of whom have current and extensive experience serving the community.
Executive
Our Executive have a deep belief in the important role that mutuals play in serving those who are under-served by others.
2024 AGM
Our 52nd Annual General Meeting (AGM) was held on Thursday 21 November 2024, at Leonda by the Yarra, 2 Wallen Road, Hawthorn.
Financial Claims Scheme
Deposits with Bank First are protected by the Australian Government’s Financial Claims Scheme (FCS).
Policies and charters
View Bank First policies and charters.
Codes and procedures
View Bank First codes and procedures.
Reports
View Annual Reports, Securitisation Reporting, Workplace Gender Equality and Modern Slavery.
Comprehensive credit reporting
What you need to know about comprehensive credit reporting.
Credit rating
Bank First's credit rating information is restricted to viewing by wholesale clients only.
Bank First is an Authorised Deposit-taking Institution (ADI) supervised by the Australian Prudential Regulation Authority (APRA) under the Banking Act 1959. Bank First is also supervised by the Australian Securities & Investments Commission (ASIC) under the Corporations Act 2001 and holds an Australian Financial Services Licence and an Australian Credit Licence.