Over 50 years and still going strong A lot has changed since we opened in 1966, but our commitment to supporting the Australian education sector remains stronger than ever. See where it all began Talk to us Phone us Email us Breadcrumbs Teachers Mutual Bank About us About us Teachers Mutual Bank is Australia's third largest mutual, supporting teachers and their families. Overview Our values Our story Member news Governance Careers Media Customer owned banking Reports and disclosures Overview Introducing a bank built for you For over 50 years Teachers Mutual Bank has provided key financial services to Australian educators. Now, Teachers Mutual Bank Limited is one of Australia’s largest mutual banks, comprising four brands: Firefighters Mutual Bank, Health Professionals Bank, Teachers Mutual Bank and UniBank. With over 200,000 members and more than $7 billion in assets, Teachers Mutual Bank Limited is one of Australia’s largest mutual banks. Teachers Mutual Bank Limited continues to be passionate about assisting members secure their financial futures through superior member support and banking products. Teachers Mutual Bank Limited is a market leader in member advocacy in the Australian banking sector, and is also committed to strong standards of corporate responsibility through community investment and ethical business as one of the World’s Most Ethical Companies*. *‘World’s Most Ethical Companies’ Award, from Ethisphere Institute (awarded consecutively 2014–2019). Our values History Back in 1966 Teachers Credit Union was established by teachers, for teachers. Since our humble beginnings, we've grown from 29 members and $644 in deposits, to over 200,000 members and more than $7 billion in assets. Not bad when you think that our very first meetings were held in a tennis shed! Learn more Key staff Board of Directors Management Members Committee Maree O'Halloran Chairperson Linda Green Deputy Chairperson Tyrone Carlin Director Michelene Collopy Director William Ford Director John Kouimanos Director Jennifer Leete Director Michael O'Neill Director Steve James Chief Executive Officer Brad Hedgman Deputy Chief Executive Officer and Company Secretary Neil Kenzler Chief Risk Officer (AML/CTF Officer) Glenn Sargeant Chief Financial Officer & Acting Chief Information Officer Craig McMahon Chief Operations Officer Helen O'Reilly Chief Human Resources Officer Gerard Smith Chief Sales and Marketing Officer Fiona Floyd Chief Information Officer Graham Green Chairperson Kay Smith Deputy Chairperson Phil Blight Committee Member David Croucher Committee Member Les Kent Committee Member Judy MacGraw Committee Member Bernie Williams Committee Member Steve Bonnor Committee Member Working at Teachers Mutual Bank I love working at Teachers Mutual Bank. They genuinely care about all of their staff. Ben, NSW Joined TMB in 2003 Careers Community We believe it is teachers who make communities stronger and futures brighter. Sustainability isn’t just part of our business, it’s how we do business. We believe sustainability should influence every aspect of our planning, programming and implementation. We are committed to creating a better world for our members, the teaching community, the planet and the people on it. Learn more Our values Our values We started our journey with a foundation based on partnership, education, strength, commitment, integrity and sustainability. Over time, our journey has seen us through changes in the banking industry and we’ve responded by becoming braver, bolder and more competitive – but our core beliefs have never wavered. Instead, those beliefs have taken a new shape, a set of concrete values. Three words embracing what we have always stood for and what we truly believe. Advocacy. Passion. Sustainability. Advocacy We aim to be everything you want in a bank, every time. We will be there for you at every step of your financial journey, helping you make the most of every dollar you earn and supporting you to reach your financial goals sooner. We are proud to offer products and services that have been carefully designed to be relevant for teachers. Because in the end, we know that if we do things right by you, you’ll probably let others know. Passion We are passionate about being the best of the best – and putting you first in everything we do. You can sense that passion when you talk to us, no matter whether it’s face-to-face or over the phone. We’re a team of extremely committed people eager to deliver exceptional service and products for teachers, their families and employees in the education sector. Sustainability We are 100% committed to doing what’s right – that extends from how we run our business and how we relate to our members to how we treat the environment. Whether it’s employing skilled, ethical staff, delivering product innovations or through initiatives to help the community, schools and environment, we’re absolutely focused on providing a better future for our members and the wider community. Our story We've been passionate about teachers and their families since 1966 Back in 1966 Teachers Credit Union was established by teachers, for teachers. Our success was born out of a dream and a vision to give teachers and their families better financial options. Read our story Celebrating our 50th anniversary Member news Member news 2019 October We're updating our Internet Banking [16 October] RBA rate cut October 2019 [11 October] September Vote in our 2019 Board election [26 September] August Advance notice of Annual General Meeting [13 August] July RBA announcement [19 July] RBA rate cut July 2019 [3 July] June RBA rate cut June 2019 [17 June] February New Docklands Melbourne office [4 February] View more news Read other member news articles and competition winners 2018 2017 2016 2015 2014 Competition winners Governance Governance Teachers Mutual Bank Limited's Board and Executive Management are committed to a high standard of corporate governance. Teachers Mutual Bank Limited is an Authorised Deposit Taking Institution (ADI) regulated under the: Banking Act 1959 by Australian Prudential Regulatory Authority (APRA) and the Corporations Act 2001 by Australian Securities and Investment Commission (ASIC). We comply with all the credit, fair-trading and conduct laws and rules imposed on banks by states, territories and the Federal Government. Read our Constitution Our people Meet our Board of Directors, Management, and Members Committee. Board of Directors Management Members Committee Nominating for a Board of Directors position If you have considered playing a leadership role at Teachers Mutual Bank by serving on the board as an elected Director, there are a number of important steps to take into consideration, one of which is requesting a Nominations Pack. Learn more Nominating for a Members Committee position The structure and composition of our members committee is outlined in the Teachers Mutual Bank constitution. Learn more Audit Committee The Audit Committee plays a key role in assisting the Board to fulfil its corporate governance and oversight responsibilities, particularly in relation to financial reporting, internal audit and external audit. Read the Audit Committee Charter Risk and Compliance Committee The Committee provides assistance to the Board in fulfilling its responsibilities in terms of corporate governance practices, risk management and the quality and integrity of reporting Read the Risk and Compliance Committee Charter Careers Careers At Teachers Mutual Bank we’re all members of the same team. Whether it’s your first job, you’re returning to work or you’re at the peak of your professional career; it’s about making a difference to our members’ lives, the teaching community and the environment. Our culture is clearly defined by education. Our employees are encouraged and supported to further their education, develop a career path and maintain a healthy work/life balance. Our members, community and employees embrace the mutual bank core values of passion, advocacy and sustainability. “We are passionate about supporting our employees to reach their full potential because we know they are the key to our success. We aim to reflect diversity within our organisation by creating an inclusive environment founded on workplace equity. We value the diversity of experience and perspectives among our employees as a source of great strength and we have an ongoing commitment to pay equity and gender equality at all levels of TMBL” – Steve James, CEO If this sounds like you, then we’d love to hear from you. Want to work for us? Learn more about working at Teachers Mutual Bank Applications and interviews Awards and recognition Career opportunities Employee value proposition Employment benefits Media Media centre Teachers Mutual Bank welcomes media enquiries and is happy to assist journalists with information about us or to comment on industry issues. Media releases Read the latest news from Teachers Mutual Bank Media releases 2019 Media releases 2018 Media releases 2017 Media releases 2016 Media releases 2015 Media releases 2014 Media releases 2013 Media releases 2012 Media releases 2011 Read all our releases Our media contacts Gillian Tatt Head of Corporate Affairs phone: (02) 9735 9825 mob: 0448 259 942 Email: firstname.lastname@example.org Meet our Chief Executive Customer owned banking Customer Owned Banking Over 4.5 million Australians are members of mutual banks, credit unions and building societies. We have worked closely with Customer Owned Banking Association (COBA), to develop the Customer Owned Banking Code of Practice. What is the Customer Owned Banking Code of Practice? The Code is an important public statement of the value we place on improving the financial wellbeing of our members and the education community. It reinforces our commitment to: the benefits of mutuality community involvement fairer fees and customer or member, service. How does it affect you? The Customer Owned Banking Code of Practice is how we deliver on our guarantee to serve our members first. Our 10 key promises to you outline how we do this. Our 10 key promises to you We will be fair and ethical in our dealings with you We will focus on our members We will give you clear information about our products and services We will be responsible lenders We will deliver high customer service and standards We will deal fairly with any complaints We will recognise member rights as owners We will comply with our legal and industry obligations We will recognise our impact on the wider community We will support and promote this Code of Practice. Find out more You can download the complete Customer Owned Banking Code of Practice or you can request a copy to be mailed to you. DownloadRequest a copy Reports and disclosures Reports and regulatory disclosures We regularly provide detailed financial and sustainability related information, as well as regulatory disclosures. Reports and regulatory disclosures Credit rating information Back to top.