Socially Responsible Products

Feel good building your wealth. You can bank on us for socially responsible home loans and deposits.

Socially Responsible Products

All of our mortgage and deposit products are certified by the Responsible Investment Association Australasia (RIAA).

Investing for the future

At Teachers Mutual Bank we understand the importance of money. When it is invested responsibly, it can make a world of difference to the world around us.

That’s why social responsibility is built into our very foundations.  As a member, you can expect your investments to be handled ethically and responsibly so your money can be used with our world’s best interests at heart.

Responsible Investment Association Australasia (RIAA) Certification means that every savings account we open and every mortgage we offer is a Certified Responsible investment product.

It’s not just what we do, it’s what we don’t do

We apply strict social responsibility criteria when it comes to investing and lending our members’ money. This means we don’t invest in businesses whose main purpose is:

  • alcohol
  • armaments
  • correctional facilities
  • cryptocurrency
  • deforestation or gross environmental degradation
  • gambling
  • fossil fuels
  • military activities
  • political activities
  • pornography
  • slavery
  • tobacco
  • uranium

Want to ensure every dollar you deposit is used in a responsible way?

Learn about our savings accounts

Be confident your home  loan is  a responsible investment

Learn about our range of responsible investment mortgages

Want to learn more?

What are the benefits for members?

  • There are no additional costs or changes - the products remain the same
  • Third party verification means our responsible investment credentials can be trusted, and that we are a leader.
  • The deposits you give us is not used to fund various damaging industries such as fossil fuels
  • The money we lend you for your mortgage does not come from damaging industries.
  • Continue to benefit from cost competitive, low rates

About RIAA Certification

Retail mortgages and deposits have been certified by RIAA according to the strict operational and disclosure practices required under the Responsible Investment Certification Program. See www.responsibleinvestment.org for details.

RIAA’s Responsible Investment Certification Program (RICP) provides investors with standardised and consistent information allowing them to compare and contrast the investment options that have been assessed and verified as responsible or ethical.

RIAA’s Certification Symbol Trade Mark provides consumers and industry alike with a quality mark of Australia and New Zealand’s standard for responsible investing products and advice.

The Symbol signifies that the Investment Product has implemented a detailed responsible investment process for all investment decisions, clearly discloses what that process is, has been audited by an external party to verify the investment process, and has met the strict disclosure requirements of the program.

About RIAA

The Responsible Investment Association Australasia champions responsible investing and a sustainable financial system in Australia and New Zealand. RIAA is dedicated to ensuring capital is aligned with achieving a healthy society, environment and economy. With over 240 members managing more than $9 trillion in assets globally, RIAA is the largest and most active network of people and organisations engaged in responsible, ethical and impact investing across Australia and New Zealand. More information can be found on their website.

The Banks’ products are listed on RIAA’s Responsible Returns website

About Teachers Mutual Bank

We know how important it is to work in the education sector. That’s why we’re committed to financially empowering everyone in it. We’re driven by a people-first attitude and help our members on their life’s financial journeys as a long-term, professional banking partner, while upholding the values that support their communities.

Teachers Mutual Bank, originating over 50 years ago, is the only dedicated bank servicing the education sector. As one of the largest mutual banks in Australia, we have over 183,000 members, and more than $6 billion in assets.

It’s our commitment to responsible practices and investments that sets us apart. We invest profits back into our members, the education industry, the planet and the people on it. We lead by example and are committed to being a responsible business, as we believe it is the way business should be run, and that it should be driven by ethics.