Sydney Mutual Bank
They’re a new bank. But they’re over 50 years old.
Although Sydney Mutual Bank was launched on 1 October 2019, they have been helping the people of Sydney and beyond with their finances since the early 1960s.
For over five decades they operated as a credit union, offering the same services a bank does. In 2019 they swapped from a credit union to a bank and changed their name from Sydney Credit Union to Sydney Mutual Bank. What hasn’t changed, and their intention is that it never does, is that they are a ‘mutual organisation’. Every person who banks with them is an equal owner and they exist solely to benefit them; not to profit from them.
Their mission is to make their customers ‘members for life’. They balance the efficiency of new technology with the personal touch of highly trained and motivated, professional staff.