According to its official website, Woolworths Team Bank is the brand of Woolworths Team Bank Limited and presents itself as a member-owned mutual bank. The site states that it began in 1971 as the Safeway Employees Credit Co-operative for employees of Safeway supermarkets in Australia, changed its name after Woolworths acquired Safeway in 1985, became Woolworths Employees Credit Union (WECU) in 2006 and Woolworths Team Bank in August 2020. Membership is open to Woolworths and Endeavour Group team members, their immediate families and those with an affinity to the group such as Everyday Rewards members and contractors; the site stresses that the bank is not owned or operated by Woolworths Group Limited. Its address in the ASIC record is in Mulgrave, Melbourne. It offers transaction and savings accounts and term deposits of 3 months to 2 years from AUD 2,000, and provides home, personal, car and electric vehicle loans, a Visa credit card, home, car, pet, health and travel insurance, international money transfers and foreign exchange services. Accounts are managed through online banking, the mobile app, digital wallets and Bank@Post. This information is the company's own statement.
Datos de la cuenta
TIPOS DE CUENTATransaction accounts · Savings accounts (including Bonus Saver) · Term deposit
DEPÓSITO MÍN.2,000 AUD (term deposit)
PLATAFORMASOnline banking · Mobile app · Digital wallet · Bank@Post
PRODUCTOSDeposit accounts · Term deposits · Home, personal, car and electric vehicle loans · Visa credit card · Insurance (home, car, pet, health, travel) · Money transfers and foreign exchange
Licencias y regulación
ASIC (Australia)
N.º de licenciaAFSL 240720
Titular de la licenciaWOOLWORTHS TEAM BANK LIMITED
AlcanceAFS licence held since 1 Mar 2004. According to ASIC's record, authorised to advise on and deal in deposit and payment products (basic and other deposits, non-cash payments), general insurance and life risk insurance limited to consumer credit insurance, for retail and wholesale clients.
EstadoVerificada
Fuentes e historial de verificación
Fuentes oficiales de la empresawoolworthsteambank.com.au — homepage, About Us, Term Deposits pages, footer (legal information)
Registros del reguladorASIC — WOOLWORTHS TEAM BANK LIMITED, AFSL 240720 (AFS licensee dataset, data.gov.au, 7 Oct 2026)
Registro mercantilABN 67 087 651 803 (ABN Lookup)
Fuentes de opiniones de usuariosTrustpilot · Şikayetvar · WikiFX
ForexQ.com
