Benefits for members
Fee-free banking
Our no-fee spending and savings accounts, plus competitive term deposit rates make it easy to grow your savings away from your main bank.
Loans for life milestones
From buying a car to planning a holiday, to celebrating milestones, our personal loans make it easy to fund life's big purchases.
Getting debt sorted
We've helped hundreds of members shift high-interest debt into a lower-rate personal loan to save money, reduce stress and bring them closer to debt-free.
First Home help
We can boost a home deposit by up to 10% interest-free with our shared ownership home loan package, available only to our members and their whānau.
Supporting those who serve
We're here to make a real difference to the financial wellbeing of NZ Defence Force and their families.
By investing and saving with PCU, you also give back to your NZDF family. We pay you competitive saving and investing rates, and your savings help provide competitive rates on loans to help fellow members buy their first home, upgrade their car, or get their debt sorted.
We're different from a bank because:
- We're owned by our members and do what's in their best interest, not what will make us the most money.
- 100% of our profits are invested back into into the benefits we offer members.
- We go out of our way to help members and do what we can to make them better off.
Member stories
"I'm truly grateful to the Police Credit Union for helping me during a very stressful time. I urgently needed to consolidate my debts, which they were able to do before Christmas last year. I love the service and would absolutely recommend."
"Nothing is ever a problem. The staff are always helpful and the service is excellent. I've been a member for many years. My wife and great grand-children also have savings accounts and term deposits with the Credit Union."
"I’ve found the Police Credit Union to be the perfect place to squirrel away funds for a rainy day or projects. I've also had a personal loan with them and at the time it was a life saver."
Find out more
If you want to enjoy exclusive banking services for you and your whānau, you can:
- Head to our website to learn more about our products.
- Request a personalised email with info about how PCU could help you with your specific money goals.
- Become a member today by joining online.
Become a member
Who can join?
All current, former and retired NZDF Personnel, including members of the Regular Force, Territorial Forces, civilian employees and Veterans.
Join online
Fill out our online join form to open an account and become a member. Once you're a member, you're a member for life, and your family are eligible to join us too.
A credit union for members of the Defence Force and their families.
We’re owned by our members, which means 100% of our profits go back into improving our services and helping every member become better off.
The fine print
Normal lending criteria and a $100 establishment fee applies to all new loans.