The Mutual Bank recognises their team as the key to success

The Mutual Bank recognises their team as the key to success

According to The Mutual Bank’s CEO, Geoff Seccombe their success comes down to one thing – their growing team.

“Our people are the reason behind the growth and success of The Mutual Bank,” he said

“Our commitment to the training and development of our staff enables us to deliver best-practice service to our members.”

Geoff said the member-owned bank has continued to grow and develop its team.

“Pursuing continuous improvement in the products and services we deliver to members, we have recently inducted several new employees,” he said.

“We also progressed several of our staff members into leadership roles.

“Congratulations to the following staff who have stepped into new management roles in the past 12 months: Nicole Richardson, Heidi Brimble, John Digby, Danielle Latham, and Shane Baker.

“There’s also been progression of staff to a supervisor level and staff transitioning into new departments and we congratulate all of them for taking on these new responsibilities.”

Following a delay due to COVID restrictions, The Mutual Bank’s Annual General Meeting was held on December 16.

In the 2020/2021 financial year the member-owned bank posted a profit after income tax of $3.5 million, up 3.9 per cent on the previous year.

Loans funded increased by 28 per cent to $220 million bringing the total loans and advances to $680 million, an increase of 10.8 per cent. Total assets are up 7.4 per cent to $902 million and members equity is $56 million, up 6.7 per cent.

IMAGE | Nicole Richardson, Heidi Brimble, Danielle Latham, Shane Baker and John Digby (left-right).

The Mutual Bank

Your partner in business, The Mutual Bank specialises in supporting local business owners to achieve their goals with effective banking solutions. Member-owned and local to the Hunter Region, The Mutual Bank has been #heretohelp local people since 1888.

The Mutual Bank’s branches are open six days a week offering a full range of banking services in Dungog, East Maitland, Edgeworth, Maitland, Mayfield, Raymond Terrace, and Rutherford. Talk to us… or 1300 688 825.

Trending Articles

Advertise with us

Affordable and engaging advertising to a business community

Submit an article

Tell your story to the Hunter business community

Does your business need a little help with its marketing?

Marketing strategies

This website uses cookies
We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services.