Australians banking
consumer-owned
Member institutions
Combined assets under
management
Employees, providing
opportunities in the regions
What We Stand For
Our blueprint for a fair and competitive banking landscape
Customer-owned banks provide a distinct and essential alternative to the traditional investor-banking model, delivering value and purpose to customers and the diverse communities they serve. However, for the mutual model to thrive, we need a regulatory framework that actively promotes competition.
As the leading voice for the sector, COBA works towards policy solutions that build a fair and competitive banking landscape. Our efforts are anchored by three core themes that serve as the framework for our advocacy.
Driving better regulation
We advocate for modern, risk-based policy solutions based on a bank's actual profile.
By modernising regulatory proportionality, we can protect the integrity of Australia's financial system while lifting productivity to deliver better value for customers.
Protecting the customer
Our sector prioritises the financial well-being of every individual, anchored by a robust Code of Practice and scam prevention practices.
We advocate for solutions that support all, including those facing financial hardship and experiencing vulnerability.
More choice in banking
Australia's highly concentrated banking oligopoly is the result of decades of regulation that favours scale.
We advocate for policy solutions that address these systemic imbalances to create a truly competitive and diverse banking landscape.
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World Credit Union Conference 2026
co-hosted by COBA and the World Council of Credit Unions
25+ sessions. 2000+ attendees. 4 days of industry-leading insights, networking, and innovation. In 2026, we are proud to co-host the largest global event for customer-owned banks - learn more about the event and how to attend.
Our Members
Representing 48 Australian Institutions
Customer Owned Banking Code of Practice
Find out more about our sector's commitment to our customers
There’s a customer owned bank for every Australian
Answer a few quick questions to share what’s important to you. We’ll recommend some great customer owned banks to meet your needs.