About us

Teachers Mutual Bank Limited is one of the largest customer owned banks in Australia. We are passionate about helping our members secure their financial futures through exceptional member support and superior banking products.

We’re proudly Australian with more than 200,000 members and over $8 billion in assets. We have four divisions: Firefighters Mutual Bank, Health Professionals Bank, Teachers Mutual Bank and UniBank. No matter how much we grow, we will continue to stay true to our roots.

Our history

For more than 50 years Teachers Mutual Bank (formerly Teachers Credit Union) has provided key financial services for those in the education sector. In 2015 the Bank merged with University Credit Society Limited, in 2016 it merged with Fire Brigades Employees Credit Union Limited, and in 2019 it launched Health Professionals Bank.

Today, Teachers Mutual Bank Limited has four divisions that provide financial services to people working in key sectors essential to our society - education, emergency services, and health.

As a mutual bank, we operate on a ‘one member, one share’ model and reinvest profits back into our business to improve the services we offer.

We aspire to be Australia’s most socially responsible bank. As part of this we are committed to leading standards of social responsibility, community investment and responsible banking practices.

Read more about our commitment to social responsibility

The broader Teachers Mutual Group also includes the Tertiary Travel¹ company.