Teachers Mutual Bank in ProBono News executive briefing

11 September 2014

Pro Bono News has featured Teachers Mutual Bank as part of their Executive Briefing series, speaking to CSR Strategist Corin Millais on mutuals, the finance sector and what sets TMB apart.

A small mutual bank for teachers is emerging as a strong voice in the global sustainability space.

Teachers Mutual Bank, established in 1966, has over 159,000 members and $4 billion in assets. With a mutual structure where members are shareholders, it provides financial products and services exclusively for teachers, their families and the education sector.

The organisation was earlier this year named as a 2014 World’s Most Ethical Company by the Ethisphere Institute, a US-based independent centre of research promoting best practices in corporate ethics and governance. It was one of three globally awarded Australian organisations to be recognised for continuing to raise the bar on ethical leadership and corporate behaviour.

The team is lead by the Head of Corporate Social Responsibility Corin Millais, who has held previous sustainability roles with Mirvac, Westfield, Greenpeace and the Climate Institute.

Read Pro Bono News, EXECUTIVE INSIGHT: Small, Mutual and With Profit for Impact, 10 Sep

Latest news

03 June 2026

Applications open for round five of The Bunya Fund

The Bunya Fund has opened applications for its fifth round, offering in kind grants to support early-stage co-operatives and mutuals.
03 June 2026

The BCCM contributes Australian perspective at the United Nations

The symposium brought together global leaders to examine the role of co‑operative financial institutions in building inclusive and equitable economies.
25 May 2026

Seven truths about co-operatives and mutuals in a changing economy

The Social Value of Mutuals, developed with Mutuo, argues that corporate diversity is a systemic economic asset for nation states.