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To the best of our abilities and resources, we contribute to the wellbeing of our communities and provide a helping hand to those who need it.
As part of Australian Mutual Bank’s commitment to social responsibility and in support of the ideals that the mutual industry was built upon, Australian Mutual Bank is very proud to have established and launched the Australian Mutuals Foundation (AMF) in 2016.
The AMF is a registered charity with the Australian Charities and Not-for-profits Commission, and is a major partner of the charity for children, Barnardos.
The AMF now has twelve credit union, mutual bank and related supplier supporters. During 2022/23 Australian Mutual Bank donated $250,000 to the Australian Mutuals Foundation.
Through Barnardos Australia, the AMF’s domestic activities will provide financial support for programs that assist children and youth who are at risk of abuse or neglect, or who are disadvantaged by lack of housing, medical care or education.
Barnardos is Australia’s leading child protection charity providing foster care and children’s family and youth services. Barnardos Australia believes that many children become abused and neglected when parents do not have the resources to raise children. They are often stressed by poverty, social isolation, mental illness, violence in families or drug and alcohol usage. Barnardos programs directly improve the lives of abused and neglected children.
From the 1 January 2017, the AMF has agreed to fund various Barnardos activities with $100,000 per year. This commitment would not be possible without the financial support from Australian Mutual Bank. The AMF is now one of the Major Partners of Barnardos Australia.
The AMF’s international activities are intended to provide financial support to programs that encourage the growth of sustainable cooperative financial systems, using the cooperative credit union model, for developing countries in South East Asia and the South Pacific.
The credit union cooperative model aims to provide a structure for the provision of basic banking services, and education in the value of regular saving and the wise use of credit. The AMF plans to provide financial support to activities conducted by the Asian Confederation of Credit Unions (ACCU). ACCU represents credit unions/co-operatives and have over 30 million members.
The AMF is pleased to support the Asian Confederation of Credit Unions in taking action on climate change initiatives. Climate change presents significant educational challenges in understanding its causes and consequences, and AMF has partnered with the ACCU to produce a guide for Credit Unions on climate action. The guide is a compilation of programs and projects that Credit Unions can undertake to counter the impact of climate change.
Click here to download the guide
For more information on the Australian Mutuals Foundation including how to donate, visit www.australianmf.org.au.
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