The short answer is, responsibly.
Whether your money is in an everyday transaction account, savings account or term deposit, it is invested safely, responsibly, for performance and in ways that also help protect our planet and the people who live on it. We don’t offer this approach to banking because it's fashionable, but because investing customers' money responsibly is the right thing to do.
The money you invest with bankmecu is used to fund loans to other bankmecu customers. Surplus funds are invested securely in other Australian Approved Deposit Taking Institutions, which are also regulated under the Australian Banking Act 1959 by the Australian Prudential Regulation Authority (APRA).
Our responsible approach to investing customers' money safely in home and consumer finance means that bankmecu enjoys one of the lowest levels of bad debt or impaired loans amongst any financial institution in Australia.
bankmecu produces one of the worlds most highly respected Sustainability Reports. Transparency, corporate ethics and a commitment to reporting on our performance as a financial institution are all key aspects of the way we go about our business on behalf of our customers.