March 2026 Interest Rate Changes Talk to us Phone us Email us Breadcrumbs Teachers Mutual Bank About us Member news 2026 Member news March 2026 Interest Rate Changes 26 March 26 March Following the decision by the Reserve Bank of Australia to increase the official cash rate by 0.25% p.a., Teachers Mutual Bank Limited will increase variable interest rates by 0.25% p.a. across its variable home loan and savings products, effective 26 March 2026*. Greg Johnson, Teachers Mutual Bank Limited’s Chief Customer Officer, said: “Today’s announcement will be welcomed by our members with savings, but will add pressure for borrowers already feeling the strain as the price of petrol and other household essentials continue to rise. “Australians are looking for certainty – and as a member-owned bank, we strive to deliver a fair and straightforward experience for all our members.” “For any member who may need additional support, our Member Assist team is here to help with personalised solutions.” Teachers Mutual Bank Limited will also be increasing its rates on variable savings rate products by 0.25% p.a., effective from 26 March 2026*. Teachers Mutual Bank Limited operates Teachers Mutual Bank, Firefighters Mutual Bank, Health Professionals Bank and UniBank. See notice of change of home lending interest rates *For all variable deposit products excluding those products which operate with a monthly bonus interest feature for which the increase will be applied in the following monthly cycle.
