Banking built for health professionals
Our story
Founded in 2019, Health Professionals Bank was created to give Australia’s health workers a better way to bank.
The idea was simple: if health professionals banked together, they could build something that is better and fairer than the big banks. A bank that benefits health professionals instead of external shareholders.
We’re proudly member-owned. That means we answer to our members – health professionals and their families – not external investors. And it shapes everything we do. That’s why we design our products, policies and support around what health professionals really need.
- Home loan assessments that take into account your regular overtime, allowances and bonuses.
- Information on salary sacrificing your home loan repayments which may support in tax savings.
- Mobile Bankers who meet you at work, at home or over the phone.
- An Australian-based call centre, staffed by real people who take the time to listen.
- $0 monthly fees on savings and transaction accounts, so more of your money stays yours.
Health Professionals Bank is part of Teachers Mutual Bank Limited - one of Australia’s largest member-owned banks.
Alongside Teachers Mutual Bank, Australian Mutual Bank, Firefighters Mutual Bank and UniBank, we proudly serve more than 280,000 members across healthcare, education and emergency services.
Milestones
2019
Health Professionals Bank is established as a division of Teachers Mutual Bank Limited. Its mission is to provide a better way of banking for Australia’s health professionals.
2021
Pulse Credit Union is merged into the bank, strengthening the focus on health professionals.
2022
We achieve B Corp Certification for the first time.
2023
We embark on our first Reconciliation Action Plan (RAP), a formal step towards reconciliation.
2025
We re-certify as a B Corp and open a new head office in the heart of Sydney's CBD.
Putting members first. That's member-owned banking.
Over 4.5 million Australians bank with mutual banks, credit unions and building societies; organisations that reinvest profits into better banking for their customers and their communities.
As one of the largest mutual banks in Australia, we played a part in the development of the Customer Owned Banking Code of Practice, reinforcing our commitment to:
- the benefits of mutuality
- community involvement
- fairer fees and
- outstanding customer or member service.
Credentials and recognition
Our commitment to responsible banking is reflected in the accreditations that support our purpose of Banking for Good. Since 2014, we’ve earned over 60 recognitions for sustainability and ESG performance.
Do work that makes a difference
Purpose-led work. People-first culture. You’ll be part of a team that supports essential workers, values fairness and collaboration, and takes pride in doing work that genuinely makes a difference.
Latest updates
- One of only 60 banks globally to be Certified by B Corp as of 11 March 2026
- National Winners 2024 - Banksia Foundation banksiafdn.com/national-winners-2024 Large Business Sustainable Leadership Award by the Banksia Foundation The Banksia Foundation was established in 1989 by a group of passionate people, recognising community members for their positive contributions to social and environmental sustainability initiatives. The Large Business Sustainability Leadership Award celebrates exceptional commitment and achievements in integrating sustainable practices across its operations (including governance).
- GoodCompany Awards | GoodCompany | Australia Named to the Good Company Awards (previously known as Best Workplaces to Give Back) These awards recognise the Top 40 companies in Australia that exemplify giving back via donating, volunteering, fundraising, charity gift cards, and other pro-social behaviours.
- https://www.responsibleinvestment.org/research-and-resources/type/benchmark-reports Responsible Investment Leaders are recognised by the Responsible Investment Association Australasia (RIAA). RI leaders are named in the RIAA Benchmark report Benchmark Report