The Teachers Mutual Bank Limited, previously known as the New South Wales Teachers Credit Union, is one of the leading mutual banks in Australia. It has over 200,000 and controls assets worth over $8 billion. Initially established in 1966, the membership was strictly restricted to public school teachers in New South Wales. The membership of the bank is now spread throughout New South Wales, Australian Capital Territory, Western Australia, Northern Territory, and South Australia. The bank presently has six main branches, three in Sydney and one each in the Hunter Region, the Australian Capital Territory and Western Australia. Following its merger with two credit unions in 2016, three divisional branches were established in Perth, trading as UniBank, and one was established in Sydney, recognised as Firefighters Mutual Bank. The bank offers various Wholesale, Consumer, Wealth Management, Insurance, and Travel Services.