First Option Bank is an Authorised Deposit Taking Institution (ADI). We are prudentially regulated by the Australian Prudential Regulatory Authority (APRA).All ADI’s including First Option are subject to the depositors protection provisions of the Banking Act of 1959. The Financial Claims Scheme First Option Bank is a safe and secure financial institution worthy of your confidence. Our success is built upon sound business practices and our commitment to protecting member-owned assets. First Option meets the same strict, legally enforceable standards … Continue reading Government Deposit Guarantee