page top

Our Story

Attention: open in a new window. Print

Endeavour Mutual Bank and Sydney Mutual Bank are divisions of Australian Mutual Bank Ltd. The combined entity has an asset size of over $1.5bn, over 75,000 members and 25 branches.

Endeavour Mutual Bank has been providing banking services to the community for over 65 years. At Endeavour, you're not just a customer, you're an owner! This means that 100% of profits benefit customers, both financially and socially. The word Endeavour is synonymous with aspiration, ambition, enterprise and effort. These key words not only describe how Endeavour envisions the future, but also describes the many ventures and mutual endeavours that have formed the basis of the organisation since formation in 1953.

Become a memberEnquire now

As a mutual bank, Endeavour offers all the traditional banking products and services that you have come to expect, whilst keeping abreast of the latest technological advances in banking. These principles have ensured that members continue to benefit from an ever-changing banking environment whilst being offered the best possible service.

When you join Endeavour Mutual Bank, you'll enjoy the benefits of belonging to a Mutual Bank. The benefits of becoming a member include: equally sharing in the success of the organisation through competitive rates, minimal fees and exceptional customer service. Unlike a major bank, we are not a publicly listed company and as such do not have a financial responsibility to shareholders. This differentiating factor is yet another benefit of belonging to a mutual and clearly highlights our one and only objective of increasing the value we offer to our members and their local communities.

Endeavour Mutual Bank has taken corporate social responsibility to a new level, something the organisation is proud of. This includes establishing a charitable foundation called the Australian Mutuals Foundation (AMF). The primary focus of the AMF is to provide a vehicle for Endeavour Mutual Bank and other mutuals to assist needy children in Australia, and to alleviate poverty in some of the poorest communities in South East Asia and the Pacific by creating sustainable cooperative financial organisations. Additionally, tailoring products and services to assist in the financial education and growth of the youth and young adult sector as well as facilitating community initiatives in the local areas surrounding our branches are important initiatives that Endeavour continue to support.

Endeavour Mutual Bank understands that everyone plays a part in preserving the environment and Endeavour is continually improving efforts in this field whilst maintaining a position as our members’ preferred Bank. For more information, view the latest Endeavour Sustainability Report.


1953 Transport Credit Union was established. Name changed to Motor Transport Employees' Credit Union.
1963 The Sydney County Council Employees' Credit Union was established for employees of Sydney County Council (now Ausgrid) and their families.
1966 Railways Staff Credit Union opens for business.
1991 Railways Staff Credit Union merged with Transport Credit Union, name change to Transrail Credit Union.
1994 The Sydney County Council Employees Credit Union members voted on a resolution to open up to the public. Name changed to Select Credit Union.
1997 Transrail Credit Union changes its name to Encompass Credit Union to reflect a move to open it's bond to the general community.
1998 Encompass Credit Union merged with Raleigh Park Employees' Credit Union.
2000 Encompass Credit Union merged with Waverley Bus Depot Employees' Credit Union.
2001 Select Credit Union relocates its head office from the Sydney CBD to a 5 star energy rated building in Sydney Olympic Park.
2009 Select Credit Union merged with CSR-Rinker Employees Credit Union.
2012 Select Credit Union merged with MemberFirst Credit Union and rebranded to Select Mutual Banking.
2013 Select Credit Union merged with Tartan Credit Union.
2014 Select Credit Union relocated the Revesby Branch to a brand new premises within the Revesby Village Centre. In branch banking via tablet was launched.
2015 Select and Encompass Credit Unions opened a brand new branch in Hamilton which was renovated to accommodate wheelchair access. In branch banking via tablet was also launched.
2015 Select and Encompass Credit Union's Mobile App was launched for Apple and Android Users. Tap and Pay was launched for Android users.
2015 Select and Encompass Credit Union launched a Kick Start Saver account providing a savings platform as well as financial education for children and youth.
2016 At SGM's held in April & May, Select Credit Union and Encompass Credit Union members vote to merge.
2016 From July 1, Select Credit Union and Encompass Credit Union merge and become Select Encompass Credit Union Ltd.
2016 In October 2016, Endeavour Mutual Bank registered its chartity the Australian Mutuals Foundation with the Australian Charities and Not for Profit Commission (ACNC)
2017 On the 13th of December 2017, Members voted in favour of a name change to Endeavour Mutual Bank Ltd.
2018 From February 1, Select Encompass Credit Union Ltd changed its name to Endeavour Mutual Bank Ltd and became a Mutual Bank
2018 In order to better protect its members, Endeavour Mutual Bank moved its website to a new web identity - - Australia's first dot bank domain
2019 On the 17th of July, Endeavour Mutual Bank members voted in favour of a merger with Sydney Credit Union Ltd.
2019 On October 1, Sydney Credit Union Limited changed its company name to Australian Mutual Bank Ltd and changed its trading name to Sydney Mutual Bank 
2019 From 1 October Endeavour Mutual Bank and Sydney Mutual Bank became divisions of Australian Mutual Bank Ltd

Our Mission

To serve existing and prospective members by providing fair and ethical banking services for personal and social needs – because members are customers and equal owners.

Our Vision

To be Australia’s most trusted mutually owned bank.

Our Values

The difference between larger banks and Endeavour Mutual Bank is a dedicated focus on enhancing the financial well-being of members. Members are customers and equal owners, which means Endeavour is a democratic organisation totally focused on members' needs. Once a member, you are entitled to an equal say in the running of Endeavour Mutual Bank, you have the right to vote at Annual General Meetings and for the election of Board Directors - you can even stand for a position on the Board if you are eligible!


  You might be interested in: