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Warwick Credit Union HistoryWarwick Gympie Dalby credit union  group is a customer community owned financial institution with an excellent reputation throughout the Credit Union industry and its local regions.

Formed by men and women who believed in the public spirit of putting others first it has worked to provide financial services to retain money in and benefit the entire community. A focus on helping individuals has been the key to success.

Supporting local towns and communities is an integral part of its philosophy. The network developed from commencement in Gympie in 1968, Warwick in 1970, expanding to Killarney in 1983, Allora in 1992, Inglewood in 2002 and Dalby in 2006.

The Credit Union has over 14,000 member customers, directly employs almost 50 staff (and indirectly many others) and has almost $400m in assets.

The credit union offers home, investment, personal, rural and business loans, savings and fixed interest term investment accounts, insurance and a full range of online and card payments including direct credit and debit, cards, Osko fast payments, Google and Apple pays and BPAY.

All profits, most operational spending and considerable sponsorship and investment are kept in local areas to benefit locals.

The credit unions is overseen by a well credentialed board of directors, highly qualified professional management and well trained committed staff are committed to its local identify and values of teamwork, integrity, respect and trust.  

The Credit Union has a full banking licence, is supervised by the Australian Prudential Regulation Authority (APRA) and Australian Securities Investment Commission (ASIC) and holds the government guarantee for deposits up to $250,000 per individual.

 

The Credit Union Story

Throughout Australia there are less than 100 different Credit Unions collectively holding more than $40.0 billion in assets, and providing community banking services to more than 3.5 million Australians.

Credit Unions are different to banks or other financial institutions in that on joining a Credit Union, you become a member which means you become part owner of the Credit Union and are entitled to a say in the running of your Credit Union. You have the right to vote at Annual General Meetings and participate in election of the Board of Directors.

Unlike the banks, the Credit Union makes decisions to benefit our members, profits are returned to members, as opposed to payment of dividends to shareholders.

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