Media Centre

Media releases and news about credit unions and mutual building societies in New Zealand published by New Zealand Association of Credit Unions.

Credit union movement receives cooperative awards

15/08/14 New Zealand Association of Credit Unions (NZACU), the industry body that represents 22 cooperatively owned credit unions and mutual building societies throughout New Zealand, was recognised last night by Cooperative Business New Zealand at its inaugural Annual Service Awards event. >Learn more

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Global CU Leaders Honored in Australia

4/08/14 The world's credit union movement leaders Rob Nicholls and Michael Koisen received World Council of Credit Unions' Distinguished Service Award, the industry's top global honor, at the 2014 World Credit Union Conference closing ceremonies in Gold Coast, Australia, on Wednesday. ...

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World Credit Union body recognises NZ director

1/08/14 New Zealand Association of Credit Unions (NZACU) director, Rob Nicholls, has been honoured with a prestigious international award from the World Council of Credit Unions, the international body representing more than 208 million people in 103 countries across the globe. > Read the full story

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Credit Union Industry Dedication Honoured at National Awards

31/07/14 A number of dedicated New Zealand credit union staff and directors were honoured recently with an Individual Recognition Award at the credit union industry awards dinner held at MovieWorld on the Gold Coast on Tuesday 29 July 2014 >Read the full story

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New freedom for credit unions

28/07/14 Credit unions are "delighted" by incoming law changes that will reduce their costs, increase flexibility, and help them compete with the big banks.  >Read the full story

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Credit union rules to change

24/07/14 Commerce Minister Craig Foss says changes are underway to give credit unions improved legal status and promote innovation, efficiency and accountability in the industry >learn more

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Save, spend, enjoy

19/05/14 Henry Lynch is chief executive of the New Zealand Association of Credit Unions, which represents 22 financial co-operatives with over 200,000 members. The Sunday Star Times' 'Face Value' asks him his thoughts and experiences with regards to personal financial management...>learn more

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New law for credit unions, finance companies

5/12/13 Parliament has passed a law described as a "complete waste of time" which introduces a licencing regime for non-bank deposit takers (NBDTs).  The Non-bank Deposit Takers Act 2013, which is expected to come into force in May 2014, covers finance companies, building societies, and...

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It's in your interest to get better return from banks

3/12/13 Many Kiwis have money languishing in accounts paying less than 1 per cent. With little more than a few minutes' work they could be picking up 4 per cent with ease on instant access savings and well over 5 per cent for 12 months.  Learn more >

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Call for 'mum and dad' RBNZ supervision

9/10/13 The industry body representing 23 member credit unions and building societies said a recent Reserve Bank of New Zealand report partially opened the door for ‘bank-like’ credit unions and building societies to directly report to the central bank.  Learn more >

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