Facts and Figures

The history and origins of Australian Central go back to the 1960's with the establishment of independent Credit Unions by small groups of ABC employees, and Postal Technicians in Adelaide, and in Whyalla, BHP employees.

From small voluntary beginnings Australian Central has grown into a successful member-owned financial institution with:

• Over 180,000 members and clients across Australia
• Employing over 500 staff
• With 32 banking and advice centres – 27 across SA, 4 in the NT and an Advice   Centre in WA
• Managing assets and funds under advice in excess of $3 billion dollars
• Profits in 2008/09 of $7.5 million

As a mutually owned and operated financial institution all profits are reinvested to improve products and services, in providing competitive pricing and in supporting the communities in which we work and life.

For full information about or our size, performance and profitabillity please click here.
 

A new era
 

Australian Central has entered an exciting new era through our merger with another successful credit union, Savings & Loans, which came into effect on 1 December 2009 following member approval in November.

With 350,000 members and $7.4 billion in assets and advice under management, the new credit union has the size and strength to create a genuine, member-owned alternative to the major banks.

Although we’ll soon have a new name and logo, our commitment to members and the community remains as strong as ever.