Tag: mutual bank

Australians urged to switch up their banking on International Credit Union Day

Australians urged to switch up their banking on International Credit Union Day

By on October 19, 2017 in Editor's Pick, Media Releases, News with 0 Comments

The Business Council of Co-operatives and Mutuals is urging Australians to mark International Credit Union Day by looking for a better deal on their banking. “Competitive rates are business as usual for the nearly 80 credit unions and mutual banks across the land,” says the CEO of the Business Council of Co-ops and Mutuals, Melina […]




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RACQ bank launch shows way forward for competition: BCCM

RACQ bank launch shows way forward for competition: BCCM

By on September 25, 2017 in Editor's Pick, Media Releases with 0 Comments

The creation of an innovative full-service bank spun out of the RACQ shows the way forward to greater competition for the banking sector, says the CEO of the Business Council of Co-ops and Mutuals, Melina Morrison. “It shows what Australians can do with the mutual model when they have access to capital,” says Ms Morrison. […]




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Teachers Mutual Bank tech plan could shake up Australian banking

Teachers Mutual Bank tech plan could shake up Australian banking

By on December 16, 2016 in Editor's Pick with 0 Comments

In a move that has the potential to significantly reduce operating costs across the mutual banking sector, Teachers Mutual Bank will share its new technology services with other mutuals. The reduction in costs will benefit customer-members and put mutuals in a strong position to take on the big four banks. The CIO of Teachers Mutual David […]




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Mutual banks sign up to fintech accelerator program

Mutual banks sign up to fintech accelerator program

By on July 12, 2016 in Editor's Pick, News with 0 Comments

Seven mutual banks have signed up to a new fintech accelerator program run by professional services firm KPMG. The 12 week mLabs program will connect the mutuals with 14 start-up companies in an attempt to promote innovation. Beyond Bank, CUA, Greater Bank, Heritage, IMB (Illawarra Mutual Bank), Police Bank, and Teachers Bank have agreed to work closely […]




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