Teachers Mutual Bank term deposits

Teachers Mutual Bank also offers personal loans · Provider overview →

As of 18 September 2026, Teachers Mutual Bank has two term deposit products tracked by BankMate, over 17 terms from 3 months to 3 years. Its highest rate is 5.25% p.a. on the Term Deposit for 13 months, 45th of 590 12-month deposits — a term deposit rate means nothing without its term, so each deposit is ranked only against others of the same term. Its rates last changed on 6 May 2026.

Best rate: 5.25%; 13 months · Term Deposit
Market rank: #45; of 590 12-month deposits
Terms: 17; 2 products
Last change: 6 May 2026; 2 changes on record

Rates over time

Best 12-month rate per product

RBA cash rate
Market average · 12-month deposits

What changed

2 changes since 9 Apr 2026

6 May 2026
Term Deposit · 8 terms up 0.20 to 0.40The day of the RBA rise to 4.35%
- 4-month 4.40 → 4.80
- 4-month 4.40 → 4.80
- 7-month 4.40 → 4.60
- 7-month 4.40 → 4.60
- 8-month 4.75 → 5.00
- 8-month 4.75 → 5.00
- 13-month 5.00 → 5.25
- 13-month 5.00 → 5.25
mixed
6 May 2026
Term Deposit for Customers · 8 terms up 0.20 to 0.40The day of the RBA rise to 4.35%
- 4-month 4.40 → 4.80
- 4-month 4.40 → 4.80
- 7-month 4.40 → 4.60
- 7-month 4.40 → 4.60
- 8-month 4.75 → 5.00
- 8-month 4.75 → 5.00
- 13-month 5.00 → 5.25
- 13-month 5.00 → 5.25
mixed

Term deposits

Best rate per product, by term · ranked within each term

Term Deposit
interest at maturity or annually or quarterly · from $1,000 · 17 terms
3 mo 4.80%6 mo 4.60%9 mo 5.00%1 yr 5.25%2 yr 4.00%3 yr 4.00%17 mo 4.00%18 mo 4.00%
5.25%#45 of 590
Term Deposit for Customers
interest at maturity or annually or quarterly · from $1,000 · 17 terms
3 mo 4.80%6 mo 4.60%9 mo 5.00%1 yr 5.25%2 yr 4.00%3 yr 4.00%17 mo 4.00%18 mo 4.00%
5.25%#45 of 590

Rank compares deposits within the same headline term, as the Term deposit report does. Compare all term deposits

Notes on Teachers Mutual Bank term deposits

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