13 12 21
Phone enquiries are available 8am to 7pm, weekdays and
9am to 3pm, Saturday.
Our offices are open 9am to 5pm, weekdays.
Our journey started based on partnership, education and integrity. Over time, we’ve become braver, bolder and more competitive – but our core beliefs have never wavered.
Back in 1966 Teachers Credit Union was established by teachers, for teachers and we’ve been passionate about teachers and their families since. Since our humble beginnings, we’ve grown from 29 members and $644 in deposits, to over 174,000 members and more than $5.3 billion in assets. Not bad when you think that our very first meetings were held in a tennis shed!
Our success was born out of a dream and a vision to give teachers and their families better financial options. For three years the founding members worked tirelessly to gain approval to launch the Credit Union. With volunteers processing work it wasn’t long before teachers used their lunch hours to bank with us. Our members saw this as same day service and thus began our strong service ethic.
"We didn't know what we were getting involved in, but we knew we were doing the right thing!"
Building on 47 years of success as a mutual financial institution, we asked members to support our proposal to change our name. After an overwhelming response at both our AGM and through proxy votes in November 2011, and gaining APRA approval in early 2012, we became Teachers Mutual Bank in April 2012.
Becoming a mutual bank will allow us to strengthen our competitiveness in the financial services market. This means we can create better products and services, reduce our costs and pass the savings directly on to you.
We may have changed to Teachers Mutual Bank, but our philosophy hasn’t. We’re committed to helping you save money, build wealth and enjoy financial wellbeing throughout your lifetime. We never forget that it’s our members who benefit from our financial performance. That’s why we have always put you first.
We focus on five pillars of sustainable business practices being:
We’re advocates for you. We’re here to give teachers and their families better options and ultimately, a better way of life. So while some things have changed, one thing will always stay the same. And that’s our unwavering commitment to our members.
*View our awards and
Tennis Shed, Hornsby 1966 - 1969
Burwood Road, Burwood 1969 - 1970
Phillip Street House, Parramatta 1970 - 1973
Phillip Street Office, Parramatta 1973 - 1976
Parramatta Road, Homebush 1976 - 1988
Beames Avenue, Rooty Hill 1984 - Now
Powell Street, Homebush 1988 - Now
Trenerry Street, ACT 2007 - Now
Donald street, Hamilton 2009 - Now
Royal Street, East Perth 2008 - Now