Illawarra Credit Union
in Australia 🇦🇺
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About Illawarra Credit Union in Australia
Illawarra Credit Union is a customer-owned credit union serving members in New South Wales, Australia. Founded in 1972, the credit union has been providing banking services to the Illawarra community for over 50 years. In recent years, Illawarra Credit Union became part of Community First Credit Union, creating a combined organization serving over 85,000 members across Australia while maintaining its commitment to the Illawarra region.
As a customer-owned financial institution, Illawarra Credit Union operates on mutual principles where members are also owners. This structure allows the credit union to reinvest profits into better products, services, and community support rather than distributing them to external shareholders.