Thursday, 1 October, 2015 - 06:12
Teachers Mutual poised to grow
Teachers Mutual Bank had a 15.4 per cent uptick in net profit in the 12 months to June 30 after strong growth in deposits and its loan book.
Teachers Mutual Bank (formerly the New South Wales Teachers Credit Union) is one of the largest mutual banks in Australia.
Membership is open to serving and retired teachers, university students undertaking education degrees and diplomas that will qualify them as registered school teachers, other employees in the Australian education sector, and immediate family members of people who fit the primary criteria.
Teachers Mutual Bank is a longstanding supporter of many education programs, and has made a significant contribution to public education.
