Mutual understanding

The IEU has signed a Memorandum of Understanding (MOU) with the Teachers Mutual Bank which formalises a long term relationship.

The bank is to provide sponsorship for a range of IEU professional development and events in 2016 and beyond.

At the IEU’s Environment Conference on 16 October it was announced the bank will be offering five $3000 environment grants to schools. Details of these grants and how to apply will be provided in Newsmonth and at in coming months.

“Teachers Mutual Bank already assists a wide range of our membership working across many sectors. There are obvious connections which can work to the advantage of both organisations ,” IEU General Secretary John Quessy said.

Steve James, CEO of Teachers Mutual Bank said, “This is an exciting development for Teachers Mutual Bank. As the leading bank for people working in education in Australia we exist for the mutual benefit of our members, so there are many synergies between our two organisations, and we‘re delighted to be in partnership with the IEU”.

“We’re really looking forward to welcoming new members from the independent education sector, and helping to ensure they have a brighter financial future.”