Credit Union Australia

Credit Union Australia (CUA) is a customer-owned financial cooperative providing a variety of banking services through a not-for-profit alternative with more than 70 locations across Australia.

History:
What is now CUA actually has its roots in a handful of credit unions begun in the late 1940s. The Catholic Thrift and Loan Co-op, Postal Workers Co-op Credit Society, and Thrift and Loan Credit Union  as well as others grew and merged over the course of two decades until the Queensland Postal Cooperative Credit Union was formed in 1966.

From there, the organization continued to expand by offering new products and innovative services, such as a traveling field office to reach outlying areas.
Since changing the name to Credit Union Australia in 1980, the institution has merged with other groups (more than 160 in all) to form the largest member-owned financial services group in the country.

Products and Services:
The following products and services are being offered by the credit union:

Transaction and Savings Accounts
Home and Personal Loans
Online Banking
Health and Life Insurance
Credit Cards
Financial Planning
Business Checking and Savings Accounts
Commercial Lending Services

Organizational Structure:
With CUA’s size, it’s important that a trusted group of individuals guides the direction of the institution, which is why an eight-person Board of Directors is elected by the membership to work with the CEO to ensure the organization stays true to its vision for new and prospective members. This includes the provision of services to meet the needs of more than 380,000 people while managing over $8.2 billion in assets.
Contact Details:
If you would like to know more about Credit Union Australia, inquire by phone or mail at:
Credit Union Australia Limited
GPO Box 100
Brisbane QLD 4001
General: 133 282

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Last Updated on : 27th June 2013

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