RBA Announcement Talk to us Phone us Email us Breadcrumbs Teachers Mutual Bank About us Member news 2022 RBA Announcement 7 June 7 June On Tuesday, 7 June 2022, the Reserve Bank of Australia (RBA) announced that it has increased the official cash rate by 50 basis points to 0.85% p.a. In light of this, we are currently reviewing interest rates on our savings and loan products. Our aim is to always provide value for our Members; both borrowers and depositors; whilst maintaining prudent operational management of the Bank.
