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Published byLester Chambers Modified over 9 years ago
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We’re banking on Thriving Neighbourhoods Simone Douglas Community Development Manager mecu Limited ABN 21 087 651 607 AFSL / Australian Credit Licence Number 238431 trading as bankmecu
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We’re a bank that does things differently. Owned by customers not investors We’re the only Australian bank in the Global Alliance for Banking on Values Our customers were $20.1m better off in 2012 compared to banking with the big four* Customer satisfaction has been over 93% for the past 8 years *Source: bankmecu's Cannex Valuation report June 2012. Canstar Cannex provides fact-based data and ratings to Australian consumers and financial institutions.
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Australia’s first customer owned bank. Australia wide with 25 Service Centres More than 116,000 shareholder customers Over $3 billion dollars in assets Over 55 years in business
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We give back to the community. Just like you. We're committed to building stronger communities We invest up to 4% of our after-tax profits in community projects that make a difference
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The key to making a profit and impact is actually to make a positive impact in such a way that generates profit. Obvious? Yes. Commonplace? No, not at all. However, a new and positive post GFC trend is seeing the emergence of corporations that exist to create profits by also creating social and environmental benefit a new narrative – rethinking capitalism
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“Not all profit is equal. Profits involving a social purpose represent a higher form of capitalism, one that creates a positive cycle of company and community prosperity” Michael Porter & Mark Kramer Harvard Business Review January 2011
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Customer profits in action bankmecu Conservation Landbank
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The key to making a profit and impact is actually to make a positive impact in such a way that generates profit. Obvious? Yes. Commonplace? No, not at all. However, a new and positive post GFC trend is seeing the emergence of corporations that exist to create profits by also creating social and environmental benefit a new narrative – rethinking capitalism
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customer owned responsible bank
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When it comes to Thriving Neighbourhoods, our commitment stretches beyond what you’ve heard here today. If you’d like to learn more, please drop by our stand, or visit bankmecu.com.au
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