Built for firefighters. Owned by firefighters.
Member-owned from day one
Since 1968, Firefighters Mutual Bank has existed for one simple reason: to give Australia’s firefighters a fairer, more supportive way to bank.
We started as the Fire Board (NSW) Employees Credit Union - a small, member owned community built on a powerful belief: If firefighters banked together and backed one another, they could build a fairer kind of bank. One that understood their lives. One that put people before profit.
That belief still guides us today. We now support all emergency service workers and their families, and we remain proudly member owned. That means we don’t answer to external shareholders. We answer to emergency service workers and their families - the people who are a part of the bank and rely on it every day.
Firefighters Mutual Bank is part of Teachers Mutual Bank Limited - one of Australia’s largest member-owned banks. Alongside Teachers Mutual Bank, Australian Mutual Bank, Health Professionals Bank and UniBank, we proudly serve more than 280,000 members across healthcare, education and emergency services.
GOOD RATES ARE JUST THE START
Save on fees
$0 monthly fees on savings and transaction accounts, so more of your money stays yours.
Better terms
Home loan assessments with no minimum employment period required for permanent and regular part-time teachers.
Real People
Mobile bankers who meet you at work, at home or over the phone, plus an Australian-based call centre, staffed by people who take the time to listen.
Real Support
Pause-for-cause repayment relief when you need it most, including during parental leave.
THE POWER OF MUTUAL BANKING
You own us
When you join as a member, you don’t just bank with us – you own a share of the bank. One member. One equal share.
Your voice counts
As a member, you have a say. You get to vote on key decisions and help shape the future of Teachers Mutual Bank.
We invest in you
Because we don’t pay dividends to external shareholders, we put profits back where they belong – into better rates and improved products and services for members.
We invest in what matters to you
Supporting teachers goes beyond banking. Our profits also help fund scholarships, grants and programs that back teachers to develop, grow and lead.
We bank responsibly
As a certified B Corporation1, we’re committed to responsible banking. That means we don’t lend to industries that harm people or the planet - including fossil fuels, tobacco or gambling.
And it all comes full circle
Members’ savings help fund loans for other teachers. Their repayments strengthen the bank and support members in return. Instead of flowing to outside investors, money stays within the teaching community – creating a virtuous cycle that benefits everyone.
Joining is easy
Eligibility criteria
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Be an Australian citizen or permanent resident.
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Be either:
- Employed in, retired from, or volunteer in the Australian emergency services sector.
- Immediate family to a Firefighters Mutual Bank member.
Not sure if you can join? Let’s talk.
What you need to apply
- An Australian residential address
- Identification documents with your full name, date of birth and address, such as a birth certificate or driver’s licence or passport, AND Medicare card
- Tax File Number
If you’re setting up an account for a child, here’s what you need to know:
Quick tip: To open a membership or account for a child, parents or guardians must already be members of the Bank.
For children under 13
- As the child’s parent or legal guardian, you’ll need to open the account for them.
- You’ll need to provide the child’s birth certificate or passport.
- The child can’t be an account signatory yet — but once they turn 13, they can.
- When they turn 18, they will become responsible for managing their own account.
For children aged 13–17
- The account can be opened by a parent or guardian or by the child themself.
- If the child is opening the account, they’ll need to show either a birth certificate or a passport.
- Children 13 and older can be added as a signatory, as well as parents and guardians.
- When they turn 18, they will become responsible for managing their own account.
Earn up to ~MSA_PUT_250000_Combi~
Deposit $100 or more and make no withdrawals each month to get your bonus rate2,3.
REACH YOUR GOALS FASTER WITH MOMENTUM SAVER
Deposit $100 or more and make no withdrawals each month to get your bonus rate2,3.
- 58 is correct as of 2 June 2025. Deposit Bank – Developed Capital Markets as defined on bcorporation.net
- Deposits over $5,000,000 (in aggregate across all your savings accounts) are subject to acceptance at the bank's discretion. The interest rate(s) applicable are dependent on the relevant interest rate tier(s) based on account balance.
- Bonus Interest - Bonus interest is earned for each month you deposit a minimum of $100 and make no withdrawals during the calendar month, and the account has a credit balance. Deposits must be made into your Momentum Saver account before 5pm Sydney time on the last day of the month.