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
From the genesis of the Australian Credit Union Movement in the 1940s to the 1970s, the number of credit unions in Australia grew at a steady pace. Since then while the membership of credit unions and