As a credit union, we are committed to lower fees and charges for members.
We{re a member-owned, community-focussed credit union and we want to be an organisation that develops value for the community and its people through everything we do. By engaging with people about issues that matter to them and where we can make the greatest impact in our communities. Social media or as we like to refer to it as - our community, is one way for us to have these conversations.
Credit unions are financial institutions, but we are not banks. While we meet the same regulatory standards as some of the biggest banks, we are {authorised deposit taking institutions{ and are regulated under the Banking Act, Corporations Act and the Australian Prudential Regulatory Authority.
There are many reasons why credit unions are different to other financial institutions, but the main difference is that you become a member when you join. Every member is a shareholder, with an equal say in how the credit union is run.
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