Progress update on our merger with Pulse Credit Union Limited Talk to us Phone us Email us Breadcrumbs Health Professionals Bank About Us In the media 2021 Progress update on our merger with Pulse Credit Union Limited 5 August 2021 5 August 2021 Our proposed merger with Pulse Credit Union Limited in Victoria is progressing well. We have received approval from the regulator, APRA, to present the merger proposal to the Pulse Credit Union Limited Members, encouraging them to vote in a Special General Meeting that will be held on Tuesday 7 September 2021. The proposed merger can proceed if at least 75% of Members voting support the proposal recommended by the Board of Directors. Our Members will not be required to vote. Teachers Mutual Bank Limited CEO, Steve James, said: “The proposed merger with Pulse Credit Union Limited creates an opportunity for us to grow further and provide exceptional service and value to additional loyal mutual banking members based in Victoria.”