News Centre

Read the latest media releases, announcements and social responsibility news from Teachers Mutual Bank Limited.

Interest rates under review following RBA announcement

 

Following today’s RBA announcement to decrease the official cash rate by 0.25% from 4.35% to 4.10%, we have placed our deposit and lending rates under review. If we decide to implement any changes, we’ll provide an update as soon as possible.

Our bank is proudly member-owned. Our members working in the education, health and emergency services professions can be assured that we will strive to offer great value products and services, while balancing the needs of all our members, be they depositors or borrowers when making a decision on any interest rate moves.