Sydney Mutual Bank began as Sydney Credit Union (SCU) in 1963. Offering an alternative to banks for City of Sydney council members, it quickly expanded to offer services to 12 other councils, then in later years merged with several other credit unions, as well as Endeavour Mutual Bank.
With its head office in Blacktown, Sydney Mutual Bank has a network of 25 branches, including several in Sydney’s western suburbs.
Sydney Mutual Bank is owned by its members, so profits go back into the business and are passed onto members through lower fees and rates.
