What it means to be a member

Being a mutually owned organisation means:

• We are owned by our members. Each of our 180,000 plus members have an equal share in Australian Central and, by being a member, can have a say in the management and direction of Australian Central.

• Members have a say in the business. In addition to having access to our products and services, being a member entitles you to have a say in the running of the business by standing to be a Director, electing office bearers and voting on constitutional changes at the AGM.  The rights and obligations of membership are governed by our Constitution which can be downloaded from this site.

• Our profits benefit members. Unlike privately owned businesses our purpose is not to maximise shareholder return in the form of dividends, but rather to maximise the benefits provided to members as a whole.  As such all proceeds are re invested to improve products, services and pricing and to contribute positively to the communities in which we live and work.

Becoming a member is easy. Membership is gained by buying a share for just $2 and is open to any resident of Australia. To become a member, simply visit one of our banking or advice centres or call our National Call Centre on 13 13 21. 

To view a copy of our Member Relationship Charter, please click here.

Mutual banking delivers member-focused, competitive retail financial services – outstanding services and fairer fees. We exist to serve our members, not simply to drive high profits for external shareholders. To read more about mutuality and our promises to you, pleaseclick here.

Switching to Australian Central is easy. Click here to find out more.