Over the past 40 years, through a series of mergers and amalgamations of Australian credit unions a substantial financial organisation emerged that is solely run for its members.  That organisation is now known as CUA (formerly Credit Unions of Australia).  With more than 380,000 members and operations extending across all States, CUA is Australia’s largest credit union.

A credit union does not have shareholders and it is not on the Stock Exchange so it’s not driven to maximizing profits.  A credit union is owned by members and it run for the benefit of its members.  Readmore