QT Mutual Bank Limited (formerly Queensland Teachers Credit Union), established in 1965, is one of the first mutual banks in Australia. It provides a wide range of financial products and services to more than 60,000 members through a network of 14 branches across Queensland. QTMB offers transaction and savings accounts, investment accounts, home and personal loans, car loans, credit cards, insurance products, financial planning, foreign exchange, online banking and other services. CANSTAR awarded a five star rating to the Teachers' Life fixed rate home loans, and awarded the Mortgage Saver, a competitive variable home loan a Rising Star rating. The company was previously known as Queensland Teachers Credit Union and changed its name to QT Mutual Bank in 2011. In April 2016, QT Mutual Bank announced the merge with RACQ, Queensland's largest club and peak motoring body as well as Queensland’s largest motor insurer and second largest home insurer. As of June 30, 2016, the Bank had $1.434 billion in total assets, $1.3 billion in deposits and $1.2 billion in gross loans and advances.

 Credit Rating (as of January 2017)

  Short term Long term Outlook
Moody’s P-2 A3 Stable
Standard & Poor’s A-2 BBB+ Stable

Head office address:
454 St Pauls Terrace
Fortitude Valley
Brisbane QLD 4006, Australia
Phone number: 13 29 30
International Call: + 61-7-3842-6222
BSB: 804 002
Opening Hours: Monday to Friday, 9.15am - 4.45pm
Website: www.qtmb.com.au

QT Mutual Bank branches:

Shop 115-116 Level 1
Cairns Central Shopping Centre
Corner of Mcleod and Spence Street, Cairns QLD 4870
Opening Hours: Monday - Friday: 9:15am - 4:45pm

Shop 97/98 Capalaba Park Shopping Centre
Cnr. Mt Cotton Road & Redland Bay Road
Capalaba Qld 4157

Shop 7, Green Square North Tower
515 St Pauls Terrace
Fortitude Valley, Brisbane

Gold Coast branch
56 Scarborough Street
Southport Central Shopping Centre, Southport

Greenslopes branch
Shop 4, Greenslopes Mall
720 Logan Road

Indooroopilly branch
Shop 3037, Indooroopilly Shopping Centre
Musgrave Road

Shop E8, 1 North Lakes Drive
Outside Westfield North Lakes Shopping Centre
North Lakes 4509

Shop 33, Orion Springfield Central
1 Main Street,Springfield Central Qld 4300

Shop 35, Centro Springwood
cnr Rochedale Rd and Fitzgerald Ave, Springwood

Shop E3/E4, Stafford City Shopping Centre
400 Stafford Road

Strathpine branch
Shop 106, Strathpine Centre, 295 Gympie Road

Shop 20 (near Myers), Grand Central Shopping Centre
Corner of Margaret St and Dent St, Toowoomba

Shop 108, Stockland Townsville
Ross River Road, Townsville

Shop 7, the Village
1932 Logan Road Upper Mount Gravatt 4122