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What the AMBL-TMBL merger means for workers

We have learned this week that Australian Mutual Bank Limited (AMBL) and Teachers Mutual Bank Limited (TMBL) are exploring a merger.

The process remains subject to due diligence, regulatory approval, and approval from members, with completion anticipated in 2026.

As workers at AMBL and TMBL, you may have questions and concerns about what this merger means for your jobs, conditions, and entitlements. The FSU has written to both organisations seeking further information on the impact for staff and will keep you updated as we learn more.

In the meantime, if you have questions or concerns, please reply to this email.

For urgent advice or assistance, call our Member Rights Centre on 1300 366 378 or email [email protected]

The FSU is here to support you through this process, ensure your rights are protected, and advocate for your job security.

If you’re not yet a member, join today to make sure you have the benefit of union protection and representation.

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Authorised by Julia Angrisano, Finance Sector Union of Australia, Level 13, 380 La Trobe Street, Melbourne, VIC 3000.
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