Teachers Mutual Bank has expanded the reach of its third-party offering by entering into a new partnership with mortgage aggregator nMB.
Teachers Mutual Bank products will now be available to over 300 nMB brokers across Australia.
Mark Middleton, national manager of the third-party distribution at Teachers Mutual, says the aggregator’s national presence and outstanding industry reputation will be a true asset to the bank’s growth in the broking channel.
“We are thrilled to partner with nMB and are looking forward to helping them to grow their business within the Australian education sector,” he said.
Gerald Foley, managing director of nMB, said the new partnership will provide another genuine alternative to the mainstream banks and broaden brokers’ ability to look after more clients.
“Teachers Mutual Bank joining our lender panel will enable nMB brokers to specialise and actively market within the large and important education sector,” he said.
[Related: Teachers Mutual slashes mortgage rates]