| 1966 |
Founding board Members: Joseph Stone (Chairman), Betty Shearman, Bryan Priest, Colin Thomson, Vernon Wildy, Cecil Norgate, Douglas Wale, Bob Dobson (Treasurer), and Dennis Stewart (secretary). The Hornsby Teachers Association Credit Union was formed on 27th September 1966 in response to a group of teachers recognising the need for a mutual financial organisation that understood their needs |
| 1967 |
Name changed to NSW Teachers Credit Union at the first Annual Meeting on 20th September |
| 1969 |
Sheila Davison became our first employee and we had 532 members |
| 1970 |
Ken Miller was appointed General Manager |
| 1974 |
Bill Paying Service introduced |
| 1976 |
Cash withdrawals became available |
| 1977 |
Members’ records were computerised |
| 1980 |
Telecheque was introduced allowing members to call and request a cheque withdrawal |
| 1982 |
Redi-Access Network utilising other Credit Unions' offices for deposits and withdrawals was introduced |
| 1983 |
Redicard, Visa debit card and the Rediteller ATM Network began and teachers were able to direct all their pay to the Credit Union |
| 1984 |
Rooty Hill office opened to service the Western Sydney area |
| 1985 |
Point of Sale (POS) machines and Cheque Books were introduced |
| 1987 |
Ken Miller retired as General Manager. The membership was 58,000. John Prescott was appointed as General Manager |
| 1994 |
Pay for non-Department of Education members was able to be deposited electronically |
| 2001 |
John Prescott retired as General Manager. The membership was 104,785 with assets of $923 million. Stuart Gillies appointed as Chief Executive |
| 2005 |
Stuart Gillies retired as Chief Executive. The membership was 129,617 with assets of $1.5 billion. Steve James appointed as Chief Executive |
| 2006 |
Celebrated our 40th Anniversary |
| 2007 |
Membership exceeds 143,000 with assets exceeding $1.8 billion, office opened in Canberra |
| 2008 |
Membership exceeds 155,000 with assets exceeding $2.4 billion, office opened in Perth.
Merger with TAFE and Community Credit Union |
| 2009 |
Received first place in CHOICE magazine's survey on personal banking satisfaction |
| 2010 |
Our name is officially changed to Teachers Credit Union reflecting our status as a multi-state Credit Union. Assets reach $3 billion in June |
| 2012 |
The Australian Prudential Regulation Authority (APRA) approves our name change to Teachers Mutual Bank effective 1 April 2012 |