About NZACU

New Zealand Association of Credit Unions ("NZACU") is a cooperative based financial service industry association representing the interests of the mutual sector - credit unions and building societies - in New Zealand.

With 25 Member organisations, NZACU exists to represent, promote and support our Members and provide cost effective business services.

Our purpose is to help promote, develop and grow cooperatively owned credit unions and buiding societies through training, advice and guidance on all aspects of management - together with a range of banking and insurance products.

Credit unions and mutual building societies are an important option in the New Zealand financial services market and have a long and proud history of serving communities across the country.

By employing the best people, NZACU is able to offer high-quality products and services to meet the needs of its Member organisations.

Who governs the NZACU?

NZACU has a Board of Directors and elections are held at an Annual General Meeting (AGM) for positions on the NZACU Board. The board comprises of representatives from credit unions and includes an independent director.

The day-to-day operations of NZACU are the responsibility of the Chief Executive and team at NZACU.

The NZACU and the International Credit Union Movement

The NZACU is committed to operating according to International Credit Union Operating Principles founded on the philosophy of cooperation and democracy. NZACU is a member of the World Council of Credit Unions (WOCCU) which ensures we have up-to-date information and cooperation from credit union organisations worldwide.