SERVICE ONE Members Banking, as an Authorised Deposit-taking Institution (ADI), is regulated by the Australian Prudential Regulation Authority (APRA). APRA is the prudential regulator of the Australian financial services industry and it oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, friendly societies, and most members of the superannuation industry. The primary role of APRA is to ensure the stability of the financial industry and one of the ways this is accomplished is by adopting stringent capital adequacy requirements.

Australian Prudential Standard (APS) 330 is made under paragraphs 11AF(1)(c) and 11AF(1AA)(b) of the Banking Act 1959. This Prudential Standard applies to all locally incorporated ADIs. The following sets out the basic Prudential Disclosures for SERVICE ONE that must be made under this Prudential Standard by all locally incorporated ADIs. Commencing from the September 2008 quarter, information about SERVICE ONE's capital will be displayed here on our website for the information of Members and prospective Members.