Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Australian CUs new code makes 10 key promises
WARWICK, Australia (7/15/09)--A new Code of Practice for Australian credit unions will specify how credit unions should deal with their members. The new Mutual Banking Code of Practice was developed for Australian credit unions and building societies by industry trade association Abacus-Australian Mutuals (Weekly Trader July 15). The new code was broken down into 10 key promises all accredited credit unions and mutual building societies must follow. They are:
* We will be fair and ethical in our dealings with you. * We will focus on our members. * We will give you clear information about products and services. * We will be responsible lenders. * We will deliver high customer service and standards. * We will deal fairly with any complaints. * We will recognize member rights as owners. * We will comply with our legal and industry obligations. * We will recognize our impact on the wider community. * We will support and promote this Mutual Banking Code of Practice.


RSS print
News Now LiveWire
The Hill reports House Republicans plan to delay Aug. recess to stay in D.C. until they have enough votes to pass bill on border crisis.
17 hours ago
The FHLBs of Des Moines and Seattle announce they have entered into an exclusivity arrangement regarding potential merger of the 2 entities.
17 hours ago
SunCorp and @AlloyaCorp have announced their intent to merge.
19 hours ago
.@TheNCUA bars former employee of Southwest Communities FCU,Melissa Rosing,from work at any federally insured FI. http://t.co/owtVnPxVZT
20 hours ago
Fryzel added @TheNCUA is fed. governmt, thereby will B criticized, but always tried 2 do what is right. McWatters still 2 B sworn in.2of2
22 hours ago