Sector snapshot – Financial Services co-operative and mutual sector

17 June 2026

Data for the organisations below is sourced from the National Mutual Economy Report 2026, BCCM’s annual report on the size and contribution of Australia’s co‑operative and mutual sector, including the Top 100 list for the year to 30 June 2025.

Financial Services co-operatives and mutuals in the Top 100

39 Financial Services mutuals rank among the Top 100. These mutuals have a combined revenue of $14.10 billion and hold $191.12 billion in assets under management.

Top 10 Financial Services co-operative and mutual enterprises by turnover

1. Australian Unity – VIC, $2.60 billion
2. People First Bank – QLD, $1.39 billion
3. Newcastle Greater Mutual Group – NSW, $1.18 billion
4. Great Southern Bank – QLD, $1.10 billion
5. Avant Mutual Group – NSW, $863.3 million
6. Bank Australia – VIC, $703.0 million
7. Beyond Bank Australia – SA, $599.0 million
8. Teachers Mutual Bank Limited – NSW, $574.1 million
9. P&N Group – WA, $508.6 million
10. IMB Bank – NSW, $470.4 million

Download the full Financial Services co-operative and mutual sector snapshot FY2024–25.

Read our other Sector and State Snapshots, watch the NME 2026 video and see past reports.

Read the full 2026 National Mutual Economy (NME) report.