Our bank always puts people first.

We're here to improve your financial life.

Member Owned

Industry Specialists

Community Focused

Invest in you

As a not-for-profit bank (credit union), we pass our earnings back to our members in the form of higher savings and lower loan rates.

We invest in you.

Led by a people-before-profit philosophy, we want to help make your dreams a reality. No pressure, no hidden agenda, just a plan for the future.


First Option exists to serve our members from the following partner sectors:


Public Service


Gaming & Leisure




Food & Beverage




Family & Friends

Our banking journey started in 1965, where the philosophy of people before profit started....

Founded - 1965

As TAB Credit Union

Merger - 2005

With Flying Horse Credit Union

Name Change - 2005

To First Option Credit Union

Name Change - 2019

To First Option Bank

First Option makes banking easy... Isn't it time you switched?

Everyday Accounts

Award winning accounts for your everyday banking

Credit Cards

First Option credit cards offer low rates and low fees

Home Loans

Looking to buy your first home, build a house,
invest in property or refinance your exising loan?
First Option Home Loans have everything you need.

Personal Loans

Looking to refinance a car, consolidate debt, or plan
a holiday? Explore your options with a First Option 
Personal Loan.

Don't waste time waiting in lines.

Bank on your own time from your smartphone or computer.

Online Banking

Mobile Banking


Apple, Google & Samsung Pay

Join today!

It all begins with membership.
Join in just 10 minutes.

Joining is quick and easy, and we will guide you through the process.

You'll need:

  • A valid email address and and phone number
  • Home address and postal address
  • Employer information
  • Photo ID that shows your date of birth
  • ID that shows your residential address
  • Tax File Number
Become a Member