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Credit Union SA

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Credit Union SA
Company typeCredit union
IndustryBanking
Headquarters
Adelaide, South Australia
,
Australia
ProductsRetail banking
Members50,000
Websitecreditunionsa.com.au/

Credit Union SA is a South Australian Credit Union headquartered in Adelaide, with branches in metropolitan and Regional South Australia. Credit Union is South Australia's third largest Credit Union, with over 50,000 members and more than $800 million in assets.[1] Credit Union SA offers a range of financial services to South Australians, including transaction and saving accounts, fixed term investments, home loans, personal loans, credit cards and insurance. Credit Union SA is a partner of the rediATM network.[2]

Credit Union SA is a supporter of the South Australian education community.[3][4] Credit Union has also formed a partnership with youth homelessness prevention organisation St John's Youth Services.[5][6]

History

Credit Union SA was formed on 1 October 2009 by a merger between former South Australian credit unions Satisfac and Powerstate.[7][8][9] These credit unions had their origins in the education and industrial sectors respectively. Both Credit Unions have roots in the South Australian community, with Satisfac dating to the 1950s.[10][11][12]

In March 2012, Grant Strawbridge was appointed CEO of Credit Union SA.[13]

Christmas pageant

Credit Union SA, along with several other South Australian credit unions, is a naming rights sponsor of the Adelaide Christmas Pageant.[14][15][16] The Credit Union Christmas Pageant is said to be the largest event of its kind in the world.[17]

Unique products

Credit Union SA is one of twelve financial institutions in Australia that offer the Australian Government's First Home Saver Account.

References

  1. ^ "Credit Union SA announces two senior appointments to its management team". Advantage SA. Retrieved 29 July 2013.
  2. ^ "RediATM Partners". RediATM Network.
  3. ^ Hood, Lucy. "South Australia's best public teachers recognised in awards ceremony". Adelaide Now. Retrieved 26 July 2013.
  4. ^ Holderhead, Sheradyn. "Recognise and Reward Our Top Teachers". Adelaide Now. Retrieved 26 July 2013.
  5. ^ "News Review". Messenger Press. Retrieved 26 July 2013.
  6. ^ "Credit Union SA to Impart Budget Planning for Homeless Youth". Adelaide Now. Retrieved 26 July 2013.
  7. ^ "Knowledge, Power & Responsibility". Credit Union SA. Retrieved 26 July 2013.
  8. ^ Booth, Meredith. "Satisfac, Powerstate Seek Merger Nod". Adelaide Now. Retrieved 26 July 2013.
  9. ^ "Powerstate, Satisfac Credit Unions Consider Merger". Adelaide Now. Retrieved 26 July 2013.
  10. ^ "Knowledge Counts". Credit Union SA. Retrieved 26 July 2013.
  11. ^ "Satisfac Direct Credit Union Ltd". My CU History. Retrieved 26 July 2013.
  12. ^ "Powerstate Limited". My CU History. Retrieved 26 July 2013.
  13. ^ "Credit Union SA Appoints Strawbridge to CEO Role". In Business. Retrieved 26 July 2013.
  14. ^ "Pageant Partners". Credit Union Christmas Pageant. Retrieved 26 July 2013.
  15. ^ Leo, Jessica. "Credit Union chiefs put their best clown feet forward for the Christmas Pageant". Adelaide Now. Retrieved 26 July 2013.
  16. ^ "Pageant Trail Celebrates 80 Year Milestone". South Australian Tourism Commission.
  17. ^ Adelaide Christmas Pageant
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