Credit Union SA

Credit Union SA
Credit union
Industry Banking
Headquarters Adelaide, South Australia, Australia
Products Retail banking
Members 50,000
Website creditunionsa.com.au/

Credit Union SA is a South Australian Credit Union headquartered in Adelaide, with branches in metropolitan and Regional South Australia. Credit Union SA is South Australia's third largest Credit Union, with over 50,000 members and more than $1 billion 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 also provides the $5,000 First Home Buyers Grant [2].


History

Credit Union SA was formed on 1 October 2009 by a merger between former South Australian credit unions Satisfac and Powerstate.[[3][4][5] 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.[6][7][8]

In March 2012, Grant Strawbridge was appointed CEO of Credit Union SA.[9]

Community

Credit Union SA is a supporter of the South Australian education community[10][11] and assists schools by providing funding through their School Community Rewards program. [12]

Credit Union SA has also formed a partnership with St John’s Youth Youth Services in support of at risk young people.[13][14]

Along with several other South Australian credit unions, Credit Union SA is a naming rights sponsor of the Adelaide Christmas Pageant.[15][16][17]

Awards

Special Fixed Rate Car Loan

  • 2017 Mozo Expert's Choice Awards Car Loan
  • 2016 Mozo Expert's Choice Awards Car Loan
  • 2016 Mozo Expert's Choice Awards Secured Personal Loan

Education Community Credit Card

  • 2017 Mozo Expert's Choice Awards Balance Transfer Credit Card
  • 2017 Mozo Expert's Choice Awards Low Rate Credit Card
  • 2017 Mozo Expert's Choice Awards No Annual Fee Credit Card

Education Community Special Fixed Rate Personal Loan

  • 2017 Mozo Expert's Choice Awards Car Loan
  • 2017 Mozo Expert's Choice Awards Secured Personal Loan


References

  1. "Credit Union SA positioned for further growth after reaching $1 billion assets milestone". Credit Union SA.
  2. "Credit Union SA announces market-leading $5,000 cash back to help first home buyers". Credit Union SA.
  3. "Knowledge, Power & Responsibility". Credit Union SA. Retrieved 26 July 2013.
  4. Booth, Meredith. "Satisfac, Powerstate Seek Merger Nod". Adelaide Now. Retrieved 26 July 2013.
  5. "Powerstate, Satisfac Credit Unions Consider Merger". Adelaide Now. Archived from the original on 26 July 2013. Retrieved 26 July 2013.
  6. "Knowledge Counts". Credit Union SA. Retrieved 26 July 2013.
  7. "Satisfac Direct Credit Union Ltd". My CU History. Retrieved 26 July 2013.
  8. "Powerstate Limited". My CU History. Retrieved 26 July 2013.
  9. "Credit Union SA Appoints Strawbridge to CEO Role". In Business. Archived from the original on 26 July 2013. Retrieved 26 July 2013.
  10. Hood, Lucy. "South Australia's best public teachers recognised in awards ceremony". Adelaide Now. Retrieved 26 July 2013.
  11. Holderhead, Sheradyn. "Recognise and Reward Our Top Teachers". Adelaide Now. Retrieved 26 July 2013.
  12. "Credit Union SA's School Community Rewards program helps Reynella East College students get back to nature". Credit Union SA. Retrieved 26 July 2013.
  13. "News Review". Messenger Press. Archived from the original on 26 July 2013. Retrieved 26 July 2013.
  14. "Credit Union SA to Impart Budget Planning for Homeless Youth". Adelaide Now. Retrieved 26 July 2013.
  15. "Pageant Partners". Credit Union Christmas Pageant. Archived from the original on 11 August 2013. Retrieved 26 July 2013.
  16. Leo, Jessica. "Credit Union chiefs put their best clown feet forward for the Christmas Pageant". Adelaide Now. Retrieved 26 July 2013.
  17. "Pageant Trail Celebrates 80 Year Milestone". South Australian Tourism Commission.
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