Teachers Mutual dumps Hiver, considers branch closures 28 October 2024 6:38AM Latest news Ian Rogers With cost-cutting front of mind, Teachers Mutual Bank will withdraw its Hiver brand from the market, and even look at closing branches. read more
Briefs: Teachers new CEO, Westpac pressed on climate disclosures, BNK appoints CFO 18 October 2023 4:55AM Latest news Former Westpac and Commonwealth Bank executive Anthony Hughes has been appointed chief executive of Teachers Mutual Bank. read more
Teachers Mutual off the pace 16 October 2023 4:24AM Latest news John Kavanagh Teachers Mutual Bank struggled to keep pace with increased competition in the home loan and retail deposit markets in the year to June, and was hit by system errors for the second year in a row. read more
Teachers' veteran CEO to retire 24 May 2023 5:44AM Latest news John Kavanagh Steve James is stepping down from his role as chief executive of Teachers Mutual Bank, after 44 years at the credit union turned mutual bank – 18 of them as CEO. read more
Briefs: MogoPlus stress predictor, TicToc an accredited data recipient, TMB on 'most ethical' list 15 March 2023 4:20AM Latest news Banking Day staff Data services company MogoPlus has launched a stress predictor offering banks insights to manage financial stress. read more
Teachers Mutual's tech investment setbacks 25 October 2022 5:49AM Latest news John Kavanagh Hiver is going nowhere, and five brands feels like it may be four too many for Teachers Mutual Bank. read more
Teachers struggles to bed down new app 05 August 2022 5:32AM Latest news John Kavanagh Teachers Mutual Bank’s new mobile banking app has been plagued with problems that have not been resolved five weeks after the launch. read more
Teachers’ mortgage explosion unlikely to be repeated 14 October 2021 6:35AM Latest news John Kavanagh Teachers Mutual Bank took advantage of strong deposit inflow in the 2020/21 financial year to pursue more aggressive home loan growth, resulting in 20 per cent growth in its mortgage book. read more
Teachers feel roll-up Pulse 03 September 2021 6:02AM Latest news Ian Rogers The proposed merger of Pulse Credit Union and Teachers Mutual Bank highlights the pressure growing commercial and technological challenges are placing on the banking small fry. read more
Teachers, Pulse merger clears APRA 09 August 2021 6:07AM Latest news John Kavanagh APRA has approved the merger of Teachers Mutual Bank and Pulse Credit Union. Pulse has called a special general meeting for September 7 to put the merger proposal to its members. read more
Teachers launches new brand to test digital platform 21 June 2021 6:29AM Latest news John Kavanagh Teachers Mutual Bank is hoping to kill two birds with one stone, with the launch of its new digital-only brand Hiver. read more
Teachers simplifies mortgage portfolio 18 June 2021 6:19AM Latest news John Kavanagh Teachers Mutual Bank Ltd has simplified its home loan range, cutting the number of products from six to three and introducing some new benefits. read more
Financial literacy 2.0 15 April 2021 5:48AM Latest news John Kavanagh Your Financial Wellness has emerged as a leader in the provision of financial literacy and budget planning tools to the mutual banking sector, with eight organisations now using its services. read more
Briefs: Hires at Brighten and Growth Finance, Teachers takes the pledge 12 February 2021 5:35AM Latest news Banking Day staff Stuart Murray has left Resimac, where he was head of lending, to take up the role of head of credit at Brighten Home Loans. read more
TMB’s unusual COVID challenge 15 October 2020 6:28AM Latest news John Kavanagh Teachers Mutual Bank has a very low rate of loan deferrals – 1 per cent currently. read more
Firefighters and Teachers get together 19 August 2020 6:31AM Latest news John Kavanagh Firefighters Credit Co-operative and Teachers Mutual Bank have announced plans to merge. read more
Margins and growth cost Teachers Mutual 24 September 2019 3:45PM Authorised deposit-taking institutions Banking Day staff Investment in the business and a squeeze on interest margins put a dent in the profit of Teachers Mutual Bank. read more
Briefs: TMB switches chair, Metrics tests $300m bond 29 August 2019 3:55PM Briefs Banking Day staff Teachers Mutual Bank has a new chair. read more
Three mutual mergers on track 08 April 2019 2:29PM M&A Banking Day staff A trio of east coast mutual ADI merger proposals are moving along in line with published timetables, each setting up potentially disruptive combinations by the end of this year.Of the three, Perth's P.. read more
Mutual banks model 'sustainable' deposits 31 January 2019 5:07PM Authorised deposit-taking institutions George Lekakis Teachers Mutual Bank and Bank Australia are positioned to boost their respective shares of the deposits market after securing formal certification for the "sustainability" of their savings and term de.. read more