About us
We are a strong, sustainable bank that puts members first. Find out more about what inspires us,
what we stand for, and the people who make it happen.
About us
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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 220,000 members and over $9 billion in assets. We have five divisions: Teachers Mutual Bank, Health Professionals Bank, Firefighters Mutual Bank, UniBank and our digital bank, Hiver Bank. 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 2015-2016 the Bank merged with University Credit Society Limited and Fire Brigades Employees Credit Union Limited. In 2019 the Bank launched Health Professionals Bank and in 2021 it launched Hiver Bank.
Today, Teachers Mutual Bank Limited has five divisions that provide financial services to essential workers in the education, emergency services, and healthcare sectors.
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 are a world leading socially responsible bank. Our bank is a force for good. Social responsibility drives everything we do – our business practices, our people, and our products.