Teachers Mutual Bank, formerly NSW Teachers Credit Union, was formed in 1966 to provide teachers with a low-cost, convenient and efficient banking products and services. Teachers Mutual Bank was built on the values of quality, integrity and co-operation and to this day, continues to demonstrate these core values in their support of the education community. The credit union manages over $2 billion in deposits and has more than 150,000 members throughout Australia. All profits generated are returned to members in the form of exceptional personal service and a value-for-money approach to fees and interest rates. Teachers Mutual Bank also offers a full range of retail financial products which include car loans, credit cards, home loans, personal loans, savings accounts and even term deposit and investment products.
Teachers Mutual Bank Savings Accounts
1.20%*
0.10%
$6*
$67*
Mighty Saver
1.75%
1.75%
$9
$98
Online Savings Account
2.75%
2.75%
$15
$155
Pension Advantage Account
Savings Accounts calculator
Use our savings account calculator to see how much you can earn under different investment scenarios.
Your monthly interest earned would be
at interest rate 2.75 %
Total interest earned
$154
Total amount
$6,354
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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.