Today, 22 January 2026, Australia observes a National Day of Mourning to honour the lives lost and all those affected by the recent tragedy at Bondi. The national theme, “Light will win – a gathering of unity and remembrance,” encourages communities across the country to pause, reflect, and come together with empathy.
This day invites us to acknowledge the impact such events can have on individuals and communities. Simple actions, listening, checking in on someone, lighting a candle, or observing a moment of silence, can help create a sense of connection and support.
At The Mutual Bank, our purpose is grounded in people. We believe communities grow stronger when we lead with empathy, support one another, and choose kindness in small, meaningful ways.
In the spirit of this important day, The Mutual Bank will undertake an act of kindness to support our community, by making a donation to Lifeline Hunter to assist their ongoing work in providing vital crisis support across our region.
If you’re feeling the emotional weight of recent events, consider reaching out to a trusted person or a support service. Lifeline Hunter (13 11 14) offers confidential assistance to anyone who needs to talk.
A nationwide minute of silence will be observed at 7:01pm AEDT, and Australians are invited to participate in whatever way feels meaningful, through quiet reflection, acts of kindness, or displaying a candle in remembrance.
As a community minded organisation, The Mutual Bank remains committed to compassion, respect, and unity – today and every day.
We’re making saving simpler. Members can open a Term Deposit online in Internet Banking, anytime it suits. No branch visit, no paperwork. Just log in, choose your term, and start earning!
Why our Members love Term Deposits
Certainty: Lock in a higher interest rate for a fixed term.
Simplicity: One application, one confirmation, clear timelines.
Focus: Put funds aside and watch your savings grow.
It’s as easy as logging in to Internet Banking and following the prompts.
Not yet a Member of The Mutual Bank?
Join online in minutes, then once your Internet Banking is established you can log in to open your Term Deposit.
We’ve been proud to see our products recognised, including Term Deposit Account Of The Year (Customer Owned Bank) at the 2025 WeMoney Banking Awards, reflecting our focus on Member value and service.
Ready to get started?
Open a Term Deposit online in Internet Banking today.
Any advice or information on this site does not take into account your personal objectives, financial situation, or needs and you should consider whether it is appropriate for you. Please review our Product Disclosure Statement, Target Market Determinations, Terms and Conditions, Financial Services Guide, and Credit Guide before deciding to acquire a product.
We’re excited to announce a new partnership with two of the biggest names in women’s rugby league - Yasmin Clydsdale and Olivia Higgins.
Both are standout players in the National Rugby League Women’s (NRLW) competition, playing for the Newcastle Knights after being raised in the Hunter. They are proud Jillaroos representatives, and now they’re joining The Mutual Bank family.
We’re proud to champion women in sport and strengthen our connection to the communities we serve.
Yasmin, captain of the Newcastle Knights, is a force on the field in the second row. Her sporting journey includes representing Australia in Rugby Union before making her mark in rugby league at the Roosters, Knights and representing NSW in the Sky Blues and Australia in the Jillaroos. Raised in Cardiff South and now living in Scone, Yasmin is a qualified high school teacher who is currently devoting all her energy to sport. She’s also a co-founder of Future Fierce Academy, a program dedicated to empowering female players of all ages.
Olivia, also a three-time NRLW premiership winner alongside Yasmin and NSW and Australian representative, brings her own impressive credentials. Olivia made her test debut in 2024 and was part of the winning national side again this year. A Raymond Terrace local and former All Saints Maitland student, Olivia now teaches at Newcastle High and shares Yasmin’s passion for developing the next generation of players as her business partner in Future Fierce Academy.
We’re thrilled to have Yasmin and Olivia represent The Mutual Bank and can’t wait to share some exciting promotions and content featuring the duo in the coming months.
Over the festive season our Branches and Contact Centre will be closed on the following days:
Christmas Day: Thursday 25 December 2025
Boxing Day: Friday 26 December 2025
Saturday 27 December 2025
New Years Day: Thursday 1 January 2026
Regular hour will apply on all other days
Scheduled Payments:
Scheduled payments for 25 – 27 December 2025, will be processed in advance on Wednesday 24 December.
Scheduled payment for Thursday 1 January 2026, will be processed in advance on Wednesday 31 December 2025.
We thank you for your understanding and wish you a happy and safe festive season.
The Mutual Bank is proud to announce that our Data and Analytics Intern Joseph Hill has won the Student Employability Achievement Award at the University of Newcastle’s 2025 Employability Excellence Awards.
Joseph joined The Mutual Bank in June 2025 and is working in the Data and Analytics team whilst studying a Bachelor of Mathematics / Bachelor of Data Science and quickly became an integral part of our team. From day one, he impressed us with his fresh ideas, positive attitude, and eagerness to learn. His hard work and commitment have now been recognised on a major stage.
This award celebrates students who demonstrate initiative, adaptability, and dedication to developing employability skills through diverse experiences. Joseph’s journey is a shining example of how curiosity and persistence can lead to incredible career opportunities.
We were proud to celebrate alongside Joseph at the awards night and even more excited when the University of Newcastle’s media team visited our Head Office to film a special video highlighting his achievement.
Want to hear Joseph’s story? Watch his video here
Why This Matters for Your Career
At The Mutual Bank, we believe in creating career-ready opportunities for students and graduates. Internships like Joseph’s provide hands-on experience, mentorship, and exposure to real-world projects that help future professionals thrive.
As the University of Newcastle celebrates 60 years of serving our regions, these awards showcase the partnerships and programs that prepare students for life beyond university – through career-ready placements, innovative teaching, and impactful industry engagement. We’re honoured to play a role in this journey.
Explore Careers at The Mutual Bank
Looking for an opportunity to kickstart your career in banking, data analytics, or customer service? Join a team that values growth, innovation, and community impact.
View Current Opportunities
Interested in doing an internship or University placement at The Mutual Bank? > Contact our People and Culture team
Congratulations again, Joseph! You’ve done us proud.
We’re excited to announce a new feature that makes sending money overseas easier than ever for our Members.
You can now make international transfers under $2000 directly through Internet Banking — securely, conveniently and with no fees for self-service transactions.
What’s New?
Through our trusted partner Convera, Members can now access international money transfers online. Whether you're supporting family abroad, paying for overseas goods or services, or managing international business, this feature puts the power in your hands at your convenience.
Self-service convenience: No need to visit a branch, just log in to your Internet Banking to send international transfers. If you need to make a payment more than $2000, please contact us.
More than 30 currencies supported: Including USD, EUR, GBP, NZD, INR, CNY, JPY and more.
No fees for online transfers: Save on costs when you manage transfers yourself in Internet Banking.
Secure and reliable: Backed by Convera’s global network.
Making an international payment is simple:
Log in to Internet Banking.
Go to Send Money > International Transfer.
Choose an existing payee or add a new recipient.
Enter recipient details including bank name, SWIFT/BIC, and account number or IBAN.
5. Select the currency and amount.
Review the exchange rate and enter the purpose of payment.
Submit the transfer—new payees will require second factor authentication (SMS One Time password or your token) for verification.
Optionally, you can add your email to receive a receipt.
To complete a transfer, have the following information ready:
Recipient’s full name and address
Bank name and SWIFT/BIC code
IBAN or account number
Reason for payment
Learn more about International Transfers and read our Frequently Asked Questions.
Important information: The Mutual Bank has entered into contractual arrangements with Convera Australia Pty Ltd (ACN 150 129 749; AFSL 404092) (“Convera”), to assist it in fulfilling certain foreign exchange and payment services, including telegraphic transfers. The relationship relating to the services described is solely between you and The Mutual Bank. If you make or receive an international transfer, the Mutual Bank will receive a commission from Convera.