5 April 2012

QT Mutual Bank North Lakes branch manager Natasha Walmsley has taken the plunge for the mutual bank and signed up for the Credit Union Foundation Australia’s (CUFA) Cambodia Leadership Challenge.

The program, run from June 4 to 17 this year, will involve a six day cycling challenge in addition to seven days of activities to support CUFA’s in-country project work.

The final stage of the challenge requires participants to complete 100 hours of voluntary work in the local community once they have returned home.

02 April 2012

Experienced consultant and company director Jan Bowe has been appointed as QT Mutual Bank’s newest Director, bringing the Bank’s Board to an equal membership of four women and four men.

With women accounting for just over 15 percent of Australia’s senior executive and board-level positions, the average proportion of women on boards of the Big Four banks is still only 23.8 percent – more than 26 percent less than QT Mutual Bank.

1 April 2012

QT Mutual Bank has proven its strength since becoming Queensland’s first mutual bank six months ago, with an increase in membership and new product innovations bolstering their position as a worthy alternative to the big banks.

The rediATM Prosperity Survey asked over 1500 banking customers, including QT Mutual Bank’s member base, about their overall prosperity. The study found health (22%), family wellbeing (20%) and love/partnership (16%) were the most important measures of prosperity, over a desire for home ownership (11%).

With the Australian mutuals sector growing faster than the big banks, QTMB Chief Executive Officer Mike Murphy said mutuals were the best positioned financial institutions to meet these trends and expectations of customers.