About us
We are a world-leading, socially responsible bank
About us
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Teachers Mutual Bank Limited is one of the largest customer owned banks in Australia, with over 220,000 Members and $10 billion in assets.
We’re a bank for good, for those who do good.
We serve Australians working in education, emergency services and healthcare through our five divisions: Teachers Mutual Bank, Firefighters Mutual Bank, Health Professionals Bank, UniBank and Hiver – our digital bank.
Our members contribute so much to society and they deserve a bank that makes a positive social impact.
We run our bank for people, planet and profit
We are not like other banks - profit for purpose is our business model and we are 100% owned by our members.
Instead of profits being distributed to institutional shareholders and investors via dividends, our profits are re-invested into our organisation for the benefit of members, community and society.
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, Teachers Mutual Bank merged with University Credit Society Limited and Fire Brigades Employees Credit Union Limited. In 2019, we launched Health Professionals Bank, and in 2021 we launched Hiver.