Victoria Teachers Mutual Bank Revenue and Competitors

When Victoria Teachers Mutual Bank started in 1972, we had 48 customers and $480 in start-up capital. Today, we have more than 100,000 customers and over $2 billion in assets. The founding Members of Victoria Teachers Mutual Bank were educators who wanted to create a better economic life for people working in education, as well as their families. Their goals were to provide superior service, a fair deal, and a strong, secure organisation that puts its customers first. In more than four decades we have never strayed from our commitment to provide value to our Members and the education community. We're the only financial institution in Victoria focusing on people working in education and their families. After all these years, our organisation might have grown, but our values have stayed the same. Victoria Teachers Mutual Bank is a mutual, which means our customers own the organisation. Rather than profits being distributed to shareholders, profits are reinvested into the organisation to add to its strength and security and provide continuing value to customers. Savings and Transaction Accounts, Home and Personal Loans, Financial Planning, Insurance, School and Preschool Banking