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).