Colin Smith Memorial Fund


Colin Smith Memorial Fund

Established in 1986 the Colin Smith Memorial Fund was formed to ensure that Colin Smith’s efforts in the creation of a lively New Zealand credit union movement were never forgotten.

He certainly was a remarkable individual with a passion for the credit union principles of “people helping people”. He tirelessly spread the message about credit unions until his death in in 1986. 

The Colin Smith Memorial Fund is registered as a Charity and ensures that New Zealand credit unions have access to funds to make a real difference in their communities. It’s all about helping people help themselves through the credit union model.

Some of the funds raised have gone towards those who have experienced hardship through some form of disaster – more recently the fund has contributed to those affected by the Pike River Coal Mine Disaster and the devastating Christchurch earthquake.

We really appreciated your help and kindness especially in this tough time in our life. This will make a big difference and help our family. In behalf of my family we would like to say thank you very very much for your help....May God bless you all…”

Marife Mautoatasi, grateful NZCU South member and recipient of a hardship grant following the Christchurch earthquake.

Funds also go towards sponsoring credit union staff; this enables them to undertake initiatives to extend their credit union reach within their communities. Initiatives  include:

  • Money management and coaching programmes for members of credit unions
  • Community gardens
  • Financial Literacy Toolkits

Fund Raising Activities

To enable these community focused credit union initiatives, the trustees of the fund raise monies by offering various promotional products, arranging a variety of activities and conducting an Annual Auction at the NZACU Annual Conference.




International Co-operative Alliance