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 Unions A Viable Alternative
8/05/13
The Aussie-owned banks are currently reporting another round of bumper profits - but imagine if there was a bank that was more interested in helping you get ahead than screwing every last dollar out of you. Credit unions are a viable alternative. Learn more >
Credit Union gets tick on insurance licence
2/04/13
Credit Union Insurance Limited, the insurance business owned by the New Zealand Association of Credit Unions (NZACU), joins just 7 other fully licensed insurers today when it was issued with its full insurance license by the Reserve Bank of New Zealand (RBNZ). Learn more >
Parties agree red tape needs removing
11/03/13
Political parties are pledging to change laws and regulations preventing credit unions from growing and competing with the big banks. Learn more>
Credit unions champing under controls
4/03/13
An international link-up between New Zealand and Canadian credit unions has produced a white paper showing how hamstrung by red tape the movement is in this country. Learn more>
NZ Laws Hamper Credit Unions
11/12/12
Canadian credit union bosses visiting this country are surprised restrictive legislation is being allowed to suppress the economic potential of credit unions. > learn more
Software to shield credit unions
18/09/12
Christchurch-based Jade Software's financial crime detection business, Wynyard Group, has secured a multi-year contract to supply financial crime detection software to 20 New Zealand Association of Credit Unions member credit unions and mutual building societies. > Click here to read full...
Credit unions in push for freer hand
10/09/12
Credit unions and building societies are pushing for legislative reform so they can make a tilt for the lucrative small to medium business market. The first big revision of the Friendly Societies and Credit Union Act 1982 passed into law last week. The most notable change lifts a cap on deposits...
Cooperative business: as foreign as frogs legs?
10/09/12
Cooperative business: as foreign as frogs legs?
They underpin our country’s economy, have a collective turnover of more than $39 billion and significantly contribute to local community employment, yet to many the term ‘cooperative’ is as foreign as frogs legs.
> learn more
Cash to splash on small business
7/09/12
Credit unions and building societies are pushing for legislative reform so they can make a tilt for the lucrative small to medium business (SME) market. The first major revision of the Friendly Societies and Credit Union Act 1982 passed into law last week. >Click here to read full story.
World's credit unions learn from New Zealands systems
19/08/12
Credit unions will next month start offering members a MasterCard debit card with PayPass near-field technology and the ability to link to Google and MasterCard virtual wallets.
> Read the full article