Teachers Mutual Bank

If you are a student member of the Teachers Federation you are eligible to join Teachers Mututal Bank.

Back in 1966, Teachers Credit Union was established by teachers, for teachers. Since our humble beginnings, we’ve grown from 29 members and $644 in deposits, to over 220,000 members and $9.75 billion in assets. Not bad when you think that our very first meetings were held in a tennis shed!

Our success was born out of a dream and a vision to give teachers and their families better financial options.

At Teachers Mutual Bank we have been helping members make the most of their money and their careers since 1966. With over 220,000 members and $9.75 billion in assets we are dedicated to providing financial products and services exclusively for teachers, their families and the education sector. At Teachers Mutual Bank we exist for the mutual benefit of our members, which means everything we do is to ensure you, our members, have a brighter financial future.

We started our journey with a foundation based on partnership, education, strength, commitment, integrity and sustainability. Over time, our journey has seen us through changes in the banking industry and we’ve responded by becoming braver, bolder and more competitive – but our core beliefs have never wavered.

Instead, those beliefs have taken a new shape, a set of concrete values. Three words embracing what we have always stood for and what we truly believe. Advocacy. Passion. Sustainability.


We aim to be everything you want in a bank, every time. We will be there for you at every step of your financial journey, helping you make the most of every dollar you earn and supporting you to reach your financial goals sooner. We are proud to offer products and services that have been carefully designed to be relevant for teachers. Because in the end, we know that if we do things right by you, you’ll probably let others know.


We are passionate about being the best of the best – and putting you first in everything we do. You can sense that passion when you talk to us, no matter whether it’s face-to-face or over the phone. We’re a team of extremely committed people eager to deliver exceptional service and products for teachers. And because all of our staff are members too, they feel an ownership about the business which shines through as they try to make a difference wherever they can.


We are 100% committed to doing what’s right – that extends from how we run our business and how we relate to our members to how we treat the environment. Whether it’s employing skilled, ethical staff, delivering product innovations or through initiatives to help the community, schools and environment, we’re absolutely focused on providing a better future for our members and the wider community.

Join Teachers Mutual Bank — just purchase a $10 share and you will have access to this banking program. It's designed just for you, to make it easy to manage your hard-earned money. When you join TMB you can reap these benefits and make every dollar count.

Join and TMB will Deposit $10 into your TMB everyday account.

Special membership for student teachers

Click above if you’d like to receive an information packet outlining the benefits of membership.