Bank First

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Bank First

Industry	Banking
Founded	1972
Headquarters	Hawthorn East, Victoria
Area served	Australia
Key people	, (CEO) , (Chair)
Products	Retail Banking Insurance Wealth Management
Total assets	A$2.69[1] billion (2019)
Website	Bank First

Bank First, formerly known as Victoria Teachers Mutual Bank, is an Australian financial institution with more than 110,000 customers, and over $2.69 billion in assets. Based in the state of Victoria, it is one of a handful focussing on the education and healthcare communities, but still offering service to the wider community. Services provided by the bank include everyday banking, loans, insurance, and financial planning.

As a mutual bank, Bank First is owned by its customers and not external shareholders. Each customer owns an equal share of the organisation, and profits are reinvested into the bank and its target communities, rather than external shareholders.^[2][3]

The bank was renamed Bank First from Victoria Teachers Mutual Bank in December 2017.

References[]

External links[]

• Bank First