The Endeavour Story
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Endeavour Mutual Bank has been providing banking services to the community for over 60 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. 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.
History
| 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. |
| 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 - www.endeavour.bank - Australia's first dot bank domain |
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!
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