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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.

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Presentation on theme: "We’re banking on Thriving Neighbourhoods Simone Douglas Community Development Manager mecu Limited ABN 21 087 651 607 AFSL / Australian Credit Licence."— Presentation transcript:

1 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

2 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.

3 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

4 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

5 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

6 “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

7 Customer profits in action bankmecu Conservation Landbank

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9 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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12 customer owned responsible bank

13 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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