It all comes back to our members

A place where profits go back into creating better products for members Click here »

Financial services built on integrity

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Social responsibility – not corporate profits

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A different kind of banking

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The Mutual Difference - it all comes back to you

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Submissions »

ASIC Consultation Paper 169 - Term Deposits

Abacus provided comments on ASIC's Consultation Paper 169 - Term deposits that are only breakable on 31 days notice: Proposals for relief

pdf Read more here

Corporations Amendment (FOFA) Bill 2011 & Corporations Amendment (Further FOFA Measures) Bill 2011

Abacus provided a further submission to the Parliamentary Joint Committee on Corporations and Financial Services' inquiry into the Corporations Amendment (Future of Financial Advice) Bill 2011 and the Corporations Amendment (Further Future of Financial Advice Measures) Bill 2011.

pdf Read more here

Media Releases »

Customer-owned banking sector offers cheapest credit card rates

New data from Canstar Cannex shows mutuals well ahead of the major banks on offering the cheapest credit cards.

Tired of big bank service? Try a mutual instead

Customers of big banks who are worried about rate cuts or service standards should consider a "mutual" alternative, based on a recent survey by independent group CHOICE.

Mutual banking continues to prove its strength

Quarterly statistics released by APRA once again show the value of the customer-owned banking sector with mutuals growing faster than the Big 4.

Abacus - Australian Mutuals

4.6 million Australians bank with a mutual. To learn more about mutual banking institutions, where it all comes back to you, visit www.comesbacktoyou.com.au.

Abacus is the industry body representing the Australian mutual sector, comprising credit unions, mutual banks, mutual building societies and friendly societies.

To find out more about Abacus, click here.