Yes. IMB is a safe and secure investment option as evidenced by the following:
- IMB meets strict, legally-enforceable standards for banks, under the Banking Act with strict oversight by the Australian Prudential Regulation Authority (APRA)
- IMB is well capitalised, in excess of APRA requirements and above the average for banks
- IMB is highly liquid. Our liquidity ratio is comfortably above that required by APRA
- Established in 1880, IMB holds assets of $7.3 billion and services around 217,000 members
- As a mutual, our focus is on our Members, and we are conservative and careful managers of our Members’ money.
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