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Showing 11 - 20 of 81 results for "Credit Unions"

New code should apply to all: ABA

HARRISON WORLEY  |  FRIDAY, 7 SEP 2018
... the entire industry, including banks that are not ABA members. According to the association, the standards between credit unions, buildings societies and others should not differ from banks, who will adopt the code in July next year. ABA chief executive ...

Bank customer trust plummets: Research

KARREN VERGARA  |  TUESDAY, 26 JUN 2018
... trust the big four banks. Australians are more likely to trust building societies (15%), mutual banks (17%) and credit unions (18%), it said. COBA chief executive Michael Lawrence said: "We are not surprised to see trust in credit unions, mutual banks ...

Banking body appoints chief executive

JAMIE WILLIAMSON  |  TUESDAY, 7 NOV 2017
... and opportunities for the sector," she said. Likewise, Lawrence is delighted to be joining the industry body for credit unions, mutual banks and building societies. The customer owned banking sector has a great deal to be proud of, particularly its customer ...

Government fintech agenda spotlights microbanking

ALEX BURKE  |  TUESDAY, 9 MAY 2017
... with less than $50 million in capital will be able to use 'bank' to describe their business. Of course, not all credit unions and building societies wish to rebrand as 'banks' but they should be able to use the term given that what they do is 'banking' ...

Treasurer launches new financial system inquiry

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... The Customer Owned Banking Association said fast-tracking the inquiry has been a top priority for mutual banks, credit unions and building societies pushing for a fairer regulatory framework. "Currently, major banks benefit from unfair regulatory capital ...

First client for Rubik Model Bank

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2016
... Temenos' 'front-to-back' technology to develop Rubik Model Bank, a digital banking platform designed for Australian credit unions, mutual and other ADI's. Rubik chief executive Iain Dunstan said the company is pleased to have signed the first client ...

New Spring FG SMSF platform opens

MARK SMITH  |  MONDAY, 27 JUN 2016
... guaranteed cash management accounts from Macquarie Bank and term deposits from more than 20 different Australian banks, credit unions and building societies integrated with Australian Money Market's term deposit platform. Australian shares, options ...

Royal Commission won't hit banks where it hurts

ALEX BURKE  |  FRIDAY, 15 APR 2016
... Degotardi concluded by suggesting that there was no way banks could become "customer-centric," asserting that only credit unions, building societies and mutual banks "put their customers first because that is why they exist."

Consumers ask banks to disclose brand ownership

LAURA MILLAN  |  WEDNESDAY, 20 AUG 2014
... to know that so they can make an informed decision." The Customer Owned Banking Association (COBA), representing credit unions, building societies and mutual banks, is also calling for greater disclosure. The same survey found that 70.4% of respondents ...

Consumers have no loyalty to financial institutions

MARK SMITH  |  MONDAY, 18 AUG 2014
... customers' products. Westpac Group follows with 32.8%, ANZ Group 29.9% and NAB 27.8%. The big four banks outperform Credit Unions (25.7%), Building Societies (27.2%) and the international banks including Citibank (12.6%), HSBC (17.9%) and ING Direct ...