We’re proud to announce the successful merger of RACQ with QT Mutual Bank on 24 November 2016

Our vision is to create a new force in banking for Queenslanders, bringing together two mutual, member-focused organisations that are committed to an attractive retail bank offering to provide even more benefits to members. Importantly, members of both mutuals can be confident they have joined with another organisation that is:

  • strongly member-driven 
  • value focused, and 
  • committed to serving the Queensland community. 

The transformation has begun

Our banking journey has begun and we look forward to delivering some exciting developments in the near future, including enhancements to our digital and product offering. We are also pleased to announce we have extended our banking contact centre hours as promised to allow you to talk to someone at any time.


How we got here

Meet the winner of our $15,000 RACQ travel voucher

Congratulations to Miss Melanie Packer of Stones Corner who won the $15,000 RACQ travel voucher! 

Notified on the 18 November, Melanie stated, “I thought I was getting a call to say something was wrong with my account, so it was a super nice surprise”. 

On Monday 5 December, Melanie was presented with her voucher by Steve Targett and an RACQ travel pack that included her own personal booking agent. 

During the morning, Melanie explained her shock and realisation of the win and how she intends to spend her voucher, “a trip to Europe for my 30th birthday in 2018 and flights to Vancouver to visit my brother,” she mentioned are on her bucket list. 

Thank you to the QT Mutual Bank Fortitude Valley branch for allowing the marketing team to host the presentation. 

Happy and safe travels and congratulations again to Melanie.


About QT Mutual Bank

QT Mutual Bank is a member-owned bank that has been putting members first for over 50 years. Today, they help almost 60,000 teachers and their families manage over $1.37 billion in assets.

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Contact us

Bank-related enquiries contact QT Mutual Bank 24/7 on 13 29 30.

PO BOX 929, Fortitude Valley, QLD, 4006

Contact QT Mutual Bank

Media release

Two Queensland greats are bringing mutual strength and trust to banking.

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We’ll keep our members informed every step of the way, but if you have any questions, please check our FAQ's.

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