Merger with Country First Credit Union
October 2015Share This Story
We are pleased to announce that we plan to merge with Country First Credit Union which is located in Griffith, NSW and has around 3000 members and assets of $29 million.
We have signed a Memorandum of Understanding and have now commenced the due diligence process.
The merger will offer an expanded range of services to members across Australia, in excess of $4 billion in assets under management and a stronger position in the national financial services market.
As a customer owned organisation, we are both committed to members, staff and the local community and together we will have an even greater capacity to develop financial solutions that offer the best value to members.
The proposed merger will build on our commitment to regional Australia and provide a very clear alternative in the market.
Both organisations have strong relationships with local communities and we look forward to expanding and developing community programs once the merger is finalised.