Victoria Teachers Mutual Bank - financial results 2015/2016
Thursday, 24 November 2016 08:00
Victoria Teachers Mutual Bank has again delivered solid results and has consistently grown over the past financial year, given the historically low interest rate environment. Sound management of the organisation ensured customer benefit was returned through competitive rates, lower fees and a range of services, complemented by high service levels.
Victoria Teachers Mutual Bank - financial results 2013/2014
Friday, 03 October 2014 00:00
Victoria Teachers Mutual Bank has yet again delivered strong financial results over the past financial year, whilst delivering value to customers. In a competitive market, the Mutual Bank grew deposits by 7.9% and loans by 5%. Total assets increased to $1.92b (8.2% growth) and total equity to $150.8m (9.4%). There was also continued strengthening of the capital base, with a capital adequacy ratio of 15.24%, providing a sound balance sheet to support the growth of the business. A net profit result of $13m was delivered for the financial year.
Victoria Teachers Mutual Bank supports new banking competition poll
Monday, 03 March 2014 00:00
Victoria Teachers Mutual Bank has called on policy-makers to take note of new research that shows more than three-quarters of Australians believe the big four banks have an unfair advantage which should be addressed by the Financial System Inquiry (FSI).
Bank of the Year 2013 - Roy Morgan Customer Satisfaction Awards
Friday, 21 February 2014 00:00
Victoria Teachers Mutual Bank has been awarded the Bank of the Year 2013 at the Roy Morgan Customer Satisfaction Awards now for the second consecutive year.
Avoid an online shopping hangover this Christmas
Monday, 02 December 2013 00:00
Consumers are being urged to take simple steps online and on mobile phones when buying presents this Christmas.
Better credit card deals for Christmas
Thursday, 28 November 2013 00:00
The Customer Owned Banking Association has challenged consumers to make sure they’re not missing out on the best Christmas credit card deal.
Victoria Teachers Mutual Bank congratulates winners of the ResourceSmart Schools' Awards
Tuesday, 19 November 2013 00:00
Victoria Teachers Mutual Bank was delighted to attend Sustainability Victoria's ResourceSmart Schools' Awards event on Friday 8 November where the hard work of Victorian teachers and students was celebrated.
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