Originally established in 1971 as the Woolworths Employees' Credit Union (WECU), the institution has a long history of serving the financial needs of Woolworths employees. In 2021, WECU merged with Australian Mutual Bank Ltd and now operates as a dedicated division under the name Woolworths Team Bank. As a mutual bank, it is owned by its members rather than shareholders, with a mission to provide competitive banking products, including savings accounts, loans, and insurance, while returning profits to members through better rates and services.

Founded in

Australia