Recently we have been looking at some of the courageous groups that started credit unions in the 1990s – a time when conventional wisdom said it was a bad idea. While they each were only short-lived,
Gary Lewis described Francis Leo (Lee) Nash as a “pioneer” of the Australian credit union movement in his ground-breaking study, People Before Profit: The Credit Union Movement in Australia (1996). A
In the 1990s there was a small movement to begin new credit unions. This was going against the grain as while membership numbers were increasing credit unions were amalgamating in order to stay