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Mortgage Business
Bank completes merger with credit union By Annie Kane 04 May 2021
A mutual bank has welcomed 3,000 new members after completing its merger with a credit co-operative.
Firefighters Mutual Bank, a division of Teachers Mutual Bank Ltd, has welcomed the new members after finalising the data transfer to formalise its merger with Firefighters Credit Co-operative Ltd.
All of the former Firefighters Credit Co-operative members are therefore now part of Firefighters Mutual Bank and have access to its range of products and services.
This includes a wider range than was available under the co-operative, including the ability to apply for fixed rate loans and credit cards, access to a mobile banking app, free and unlimited ATM withdrawals, and access to its new payments platform (NPP).
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