Bank First

Bank First, Victoria Teachers Mutual Bank
Mutual Bank in Victoria

Bank First (formerly Victoria Teachers Mutual Bank) is an Australian customer-owned financial institution with about 110,000 members and 230 employees. It offers a wide array of award-winning products and services including transaction and savings accounts, term deposits, Visa debit cards, low rate and low fee credit cards, school and preschool accounts, car loans for new, used and eco-friendly vehicles, flexible and competitive personal and home loans as well as insurance and superannuation products, financial planning, travel money, foreign exchange, internet banking and mobile banking app for iOS and Android. Bank First is a trading name of Victoria Teachers Limited. It was previously known as Victoria Teachers Mutual Bank and changed its name to Bank First in 2017. It is headquartered in Hawthorn East, an affluent suburb of Melbourne. The company was established in 1972 and today it is one of Australia's leading mutual banks with $2.9 billion in assets, $2.2 billion in loans and $2.6 billion in deposits as at 30 June 2020.

Credit Ratings:
Moody's: Baa1/P-2/Stable

Car Loans (promotional variable interest rates)
Green car loan - 5.29 % p.a.
New car loan - 5.79 % p.a.
Used car loan - 6.79 % p.a.
(Rates as of September 1, 2021)

Bank First Awards:
CANSTAR (Outstanding Value)
Low Fee - Visa Classic Credit Card
Low Rate - Visa Platinum Credit Card
Senior Transactor - Pension Account
Flexible Saver - Online Saver Account

Money Magazine
Consumer Finance Awards:
Credit Card Issuer of the Year

Mozo Experts Choice
Low Rate Platinum Credit Card
No Annual Fee Credit Card

Head office address:
117 Camberwell Road
Hawthorn East, Victoria 3123
PO Box 338 Camberwell VIC 3124

Phone number: 1300 654 822
Overseas Call: +61 3 9834 8560
Opening hours: Monday to Friday, 8 am - 5 pm
BSB number: 704 191
ABN: 44 087 651 769
Australian Credit Licence: 240960

Number of Employees: 225
Number of Members: 107,970

Bank First Branches:
Moonee Ponds
126 Puckle Street
Moonee Ponds VIC 3039

Opening hours:
Monday - Friday, 10:00 am - 3:00 pm
Saturday, Sunday - Closed