Bank First
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OVERALL |
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Owned |
AUS |
Rating |
N/A |
Mutual bank
Founded in 1972. Today, they have more than 85,000 customers and over $1.5 billion in assets. Changed its name from Victoria Teachers Mutual Bank to Bank First in 2017.
Victoria Teachers Ltd | AUS | website |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
Victoria Teachers Ltd | ||||
Banks play a critical role in enabling and sustaining fossil fuel projects. This bank has no current record of funding fossil fuels and has provided a position statement: "The Mutual Bank does not directly invest in listed or unlisted shares. The Mutual Bank also does not invest in fossil fuels and has no plans to do so."
Source: Market Forces (2016)
This company is a member of the Customer Owned Banking Association. Unlike banks, profits are not paid to external shareholders, but put back into better products and services for customers and their local communities.
Source: COBA (2018) |
Company Details
Type | Customer-owned |
Contact Details
Address | VIC, Australia |
Phone | 1300 654 822 |
info@bankfirst.com.au | |
Website | www.bankfirst.com.au |