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.
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. We don’t directly invest in or lend money to industries that pollute the planet, and the money borrowed from us is not sourced from polluting industries. These exclusions are embedded in our lending and investment practices, in our Board approved Lending Risk, Treasury Credit Risk, Wholesale funding and Risk Appetite policies, and apply to 12 industries, including Alcohol, Gambling, Fossil Fuels, Tobacco, and ‘Industries that create environmental degradation, human rights abuses and labour rights violations’.
ESG (Environmental Social and Governance) criteria
We invest our members’ money responsibly and ethically.
We don’t directly invest in or lend money to industries that pollute the planet, and the money borrowed from us does not come from polluting industries.
ESG exclusions are embedded in our lending and investment practices, in our Board approved Lending Risk, Treasury Credit Risk and Wholesale funding policies.
What are the benefits for members?
- There are no additional costs or changes - the products remain the same
- 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 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 230,000 members, and more than $10 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.
