Yesterday, members joined Australian Mutual Bank leadership for in-person Q&A sessions at our Parramatta and Bankstown branches to learn more about the proposed merger with Teachers Mutual Bank Limited.
The sessions were led by CEO Mark Worthington and Board Chair Fiona Bennett, who shared details about the proposed merger and what it could mean for members, before opening the floor for questions and discussion.
Members were keen to understand the economies of scale expected to be achieved through the merger, including how a larger combined organisation could support long-term sustainability and value for members. Questions were also raised about board composition in the merged bank, interest rates, and how members can vote on the proposal.
Members were pleased to hear that the Australian Mutual Bank brand will be retained and that there will be no forced redundancies as a result of the merger. This was particularly welcomed by members, who expressed reassurance around continuity and staff stability.
The sessions provided an opportunity for open and transparent dialogue, allowing members to hear directly from the leadership team and seek clarity on the topics most important to them.
Members are encouraged to visit the Merger Hub on our website for more information. If you haven’t already, please remember to cast your vote to have your say on the proposed merger. Online voting closes at the Special General Meeting (SGM) on 11 March 2026.
