we’re banking on thriving neighbourhoods simone douglas community development manager mecu limited...
TRANSCRIPT
We’re banking on Thriving Neighbourhoods
Simone DouglasCommunity Development Manager
mecu Limited ABN 21 087 651 607 AFSL / Australian Credit Licence Number 238431 trading as bankmecu
We’re a bank that does things differently.
Owned by customers not investors
We’re the only Australian bank in the Global Alliance for Banking on Values
Our customers were $20.1m better off in 2012 compared to banking with the big four*
Customer satisfaction has been over 93% for the past 8 years
*Source: bankmecu's Cannex Valuation report June 2012. Canstar Cannex provides fact-based data and ratings to Australian consumers and financial institutions.
Australia’s first customer owned bank.
Australia wide with 25 Service Centres
More than 116,000 shareholder customers
Over $3 billion dollars in assets
Over 55 years in business
We give back to the community. Just like you.
We're committed to building stronger communities
We invest up to 4% of our after-tax profits in community projects that make a difference
The key to making a profit and impact is actually to make a positive impact in such a way that generates
profit.
Obvious? Yes.
Commonplace? No, not at all.
However, a new and positive post GFC trend is seeing the emergence of corporations that exist to create profits
by also creating social and environmental benefit
a new narrative – rethinking capitalism
a new narrative – rethinking capitalism
“Not all profit is equal. Profits involving a social purpose
represent a higher form of capitalism, one that creates a
positive cycle of company and community prosperity”
Michael Porter & Mark Kramer
Harvard Business Review January 2011
Customer profits in action bankmecu Conservation Landbank
The key to making a profit and impact is actually to make a positive impact in such a way that generates
profit.
Obvious? Yes.
Commonplace? No, not at all.
However, a new and positive post GFC trend is seeing the emergence of corporations that exist to create profits
by also creating social and environmental benefit
a new narrative – rethinking capitalism
customer owned responsible bank
When it comes to Thriving Neighbourhoods,our commitment stretches beyond what you’ve heard here today.If you’d like to learn more, please drop by our stand, or visit bankmecu.com.au