What was CUFSAL?

Many people working in mutual banks and credit unions today would know of CUSCAL but what about CUFSAL? CUFSAL is an acronym for Credit Union Financial Services Australia Limited and was created in 1985 by the Australian Federation of Credit Union Leagues (AFCUL). It was established as a national presence for credit unions in the Australian and in...

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Before WOCCU There Was CUNA International

In the September 1970 issue of Credit Union Quest, the journal of the NSW Credit Union League, there was a small announcement on Page 6 titled “World Body” which is reproduced here.                                                                     A further article in Credit Union Quest in December of 1970 noted that “The World Council was form...

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International Credit Union Day 2021 #ICUDay

Thursday 21 October, 2021 is the 73rd annual International Credit Union Day! The celebrations are an initiative of the World Council of Credit Unions (WOCCU) and CUNA. The latter instituted the first ICU Day in 1948 and decided that it should be marked annually on the third Thursday in October. WOCCU says that for ICU Day, “The ultimate goal is to...

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Margaret Barrett and Credit Unions

Margaret Barrett’s association with credit unions in Australia began in 1954 and never ceased. She was Assistant to the General Manager of the Australian Federation of Credit Union Leagues (AFCUL) and Voluntary Secretary at the Australian Credit Union Historical Co-operative (ACUHC), the forerunner to Australian Mutuals History. The first associat...

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What is the Mondragon Co-operative Corporation (MCC)?

Former Australian politician and co-operative historian Race Mathews has written a lot about Mondragon in articles and in his books Jobs of Our Own and Of Labour and Liberty. The latter was produced with the help of records held by Australian Mutuals History. In a 2003[i] essay he wrote: The great complex of industrial, retail, financial, civil e...

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The Life of Queensland Community Credit Union

Queensland Community Credit Union operated out of Toowong in Brisbane for 42 years. They remained quite small and managed to fly under the radar. For example, the profile on them in the June 1999 edition of Directions magazine notes that: “Less than a year ago, Queensland Community Credit Union was operating from a grand old Queenslander in suburb...

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Keith Young's Missionary Zeal

Ken Miller was one of the most influential leaders in Australian credit union history and this was partly thanks to his writing, which includes his book A Reluctant Volunteer (1998). Therefore we have recourse to his words quite often as part of our research. Recently, we were taken aback when we discovered the high praise he heaped on Keith Young...

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Keith Mannix: Developing Credit Unions

Keith Mannix had a big influence on the development of the Australian credit union movment in the last quarter of the 20th century. He had important positions with the NSW Credit Union League (NSWCUL) and the NSW Credit Union Savings Board. He was also appointed to the first Board of the Australian Financial Institutions’ Commission and was a Regio...

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