Community owned since 1959
The Capricornian Bank has evolved from a small parish bank established in a suburb of Rockhampton in 1959 into a full service financial institution with eight branches covering Central Queensland.
Our roots stem from a group of committed residents in Park Avenue, Rockhampton who worked to establish a financial society that would benefit the people in the local area. Strong emphasis was placed on the basic principle of co-operation which is the hallmark of Banks. By saving together and pooling funds, they could lend back to one another at interest rates all could afford.
This led to the establishment of the Park Avenue Parish Credit Co-operative Society Ltd which grew and changed its name to Park Avenue Community Bank Ltd in 1969. A strong loyal customership base was established and the Bank grew to operate from a humble premises and to employ one full time staff member.
In 1979 we opened customership up to all people in Central Queensland, and not just Park Avenue residents. This led to significant growth and in 1981 amalgamated with North Rockhampton Bank Ltd and changed our name to Capricornia Bank Ltd.
The following years saw steady growth and the introduction of several new products and services inline with technological advances such as the roll out of ATMs, Online Banking, quick deposit facilities, insurance, bonds, investment shares and a financial planning service.
Reflecting this growth, in 2009 we changed our name to The Capricornian Ltd to help engage people who do not fully understand the full services of a bank.
The Capricornian has been proudly serving the people of Central Queensland for over 65 years, and in 2025 we moved to bank status and officially became known as The Capricornian Ltd trading as The Capricornian Bank. This name change will not change our focus on customers, who will remain at the forefront of everything we do as a customer owned organisation.