Corporate governance


The Board of Credit Union Australia Ltd (CUA) is responsible for the corporate governance of CUA and its controlled entities (the CUA Group). CUA is an Authorised Deposit-taking Institution (ADI) supervised by the Australian Prudential Regulation Authority (APRA) under the Banking Act 1959. CUA is also supervised by the Australian Securities & Investments Commission (ASIC) under the Corporations Act 2001 and has been granted an Australian Financial Services Licence and an Australian Credit Licence.

CUA Board and Way of working

The Board is responsible for developing and guiding a viable, mutually owned business that will fulfil CUA’s mission.

CUA Board members

CUA’s Board is elected by and is accountable to our members. It is responsible for the overall governance and strategic direction of our business.

CUA Executive Management

Annual reports

The CUA Constitution

Meeting of Members

Learn more about the 2017 Annual General Meeting to be held on Tuesday, 14 November in Brisbane

Prudential Disclosures

As part of Prudential Standard APS 330, the group is required to publicly disclose information on risk, management practices and capital adequacy.

Exchange and refund member share

To make it easier and simpler to do business with us, we removed the consideration on your share when becoming a member of CUA.

Credit rating

CUA’s credit rating information is restricted to viewing by wholesale clients only.

Customer owned banking code of practice

Credit unions, mutual banks and mutual building societies are customer-owned financial institutions committed to putting their customers first.

General Information & Terms and Conditions

Financial Claims Scheme

The Australian Government provides a guarantee on deposits of up to $250,000 per customer at Australian banks, building societies and credit unions.