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NZ Association of Credit Unions - Latest News [Page 1]
Credit union first to receive Non-Bank Deposit Taker Licence
Thursday, 6 November 2014, 4:20 pm | NZ Association of Credit Unions
NZCU Steelsands, a credit union based at New Zealand Steel Ltd at Glenbrook, is the first Non-Bank Deposit Taker (NBDT) to be licensed by the Reserve Bank of New Zealand. The Non-bank Deposit Takers Act 2013, which became effective on 1 May 2014, ... More >>
Credit Union Association’s High Court victory
Friday, 31 October 2014, 10:25 am | NZ Association of Credit Unions
New Zealand Association of Credit Unions (NZACU) High Court victory to change its name to 'Co-op Money NZ' is a win for all co-operatives. The Co-operative Bank filed for a temporary injunction against the NZACU in June after NZACU announced it intended ... More >>
Local beginnings bring global change
Wednesday, 15 October 2014, 12:30 pm | NZ Association of Credit Unions
The concept of local social responsibility providing an impetus for global change is being celebrated this week as credit unions throughout the country recognise International Credit Union Day on Thursday 16th October. Credit unions are recognised as a force ... More >>
Credit unions in the political spotlight
Friday, 29 August 2014, 4:15 pm | NZ Association of Credit Unions
Dirty politics was put aside last night as senior politicians outlined their universal support for growing the cooperatively owned credit union and mutual building society sector in New Zealand. More >>
Credit Union Movement Receives Cooperative Awards
Friday, 15 August 2014, 11:06 am | NZ Association of Credit Unions
New Zealand Association of Credit Unions (NZACU), the industry body that represents 22 cooperatively owned credit unions and mutual building societies throughout New Zealand, was recognised last night by Cooperative Business New Zealand at its inaugural ... More >>
Credit Union Industry Dedication Honoured at National Awards
Thursday, 31 July 2014, 10:06 am | NZ Association of Credit Unions
A number of dedicated New Zealand credit union staff and directors were honoured recently with an Individual Recognition Award at the credit union industry awards dinner held at MovieWorld on the Gold Coast on Tuesday 29 July 2014. Paul Eves, Chair ... More >>
Sustainability focus of International Day of Co-operatives
Monday, 7 July 2014, 10:51 am | NZ Association of Credit Unions
The 92nd ‘International Day of Co-operatives’ was celebrated around the world on Saturday 5th July, with this year’s theme “Co-operative enterprises achieve sustainable development for all”. More >>
NZACU to become Co-op Money NZ
Thursday, 5 June 2014, 1:17 pm | NZ Association of Credit Unions
The industry association representing co-operatively owned credit unions and building societies, the New Zealand Association of Credit Unions (NZACU) , has announced today that its board has given approval for NZACU to begin trading as ‘Co-op Money NZ’ ... More >>
Cooperative Business Approach Delivers Again
Tuesday, 13 May 2014, 1:29 pm | NZ Association of Credit Unions
The real life application of a cooperative business model is helping New Zealand’s credit unions keep up with, and even be ahead of the pack, in what is a sophisticated and very competitive financial services market. More >>
Bill Will Bring Welcome Protection For Vulnerable Consumers
Friday, 11 April 2014, 10:39 am | NZ Association of Credit Unions
The industry organisation representing credit unions and building societies in New Zealand is delighted that the Credit Contracts and Financial Services Law Reform Bill passed its second reading in Parliament yesterday, and says it will bring much ... More >>
Credit union members to inject millions into local economies
Thursday, 28 November 2013, 2:21 pm | NZ Association of Credit Unions
Credit union members will be injecting over $16m into their local economies in the next few weeks leading up to Christmas, and the great news is that none of it will be charged to credit cards, says the New Zealand Association of Credit Unions (NZACU) ... More >>
Reserve Bank report opens the door for Credit Union change
Tuesday, 8 October 2013, 3:50 pm | NZ Association of Credit Unions
A recent Reserve Bank of New Zealand 79 page report partially opens the door for ‘bank-like’ credit unions and building societies to directly report to the Reserve Bank and states “there is potentially a stronger case for a separate continuous ... More >>
Credit Union Industry Dedication Honoured at Industry Awards
Tuesday, 24 September 2013, 5:00 pm | NZ Association of Credit Unions
A number of dedicated credit union staff and one long serving credit union director were honoured recently with an Individual Recognition Award at the credit union industry awards dinner held at the Novotel Auckland Airport Hotel on Saturday 21st September ... More >>
Cross Party Support Welcome for Credit Law Changes
Tuesday, 24 September 2013, 9:48 am | NZ Association of Credit Unions
The industry organisation representing credit unions and building societies in New Zealand is pleased the Credit Contracts and Financial Services Law Reform Bill has passed its first reading with cross party support to allow it to progress to the ... More >>
Credit Unions Applaud Consumer Credit Law Reform Bill
Tuesday, 23 April 2013, 9:17 am | NZ Association of Credit Unions
23 April 2013 FOR IMMEDIATE RELEASE Credit Unions Applaud Consumer Credit Law Reform Bill The industry organisation representing credit unions and mutual building societies in New Zealand applauds the changes introduced last week by Consumer Affairs Minister ... More >>
Savings Message Getting Through … But Kiwis Still Struggling
Tuesday, 4 December 2012, 1:30 pm | NZ Association of Credit Unions
4 December 2012 FOR IMMEDIATE RELEASE Savings Message Getting Through … But Kiwis Still Struggling More Kiwis have switched on to Christmas savings this year, but financial pressure means they’ll be tightening their belts and spending less, says ... More >>
Credit Unions Help Members Take Control
Tuesday, 16 October 2012, 8:04 pm | NZ Association of Credit Unions
Credit Unions Help Members Take Control on International Credit Union Day With New MasterCard® Product More >>
NZACU picks Wynyard Group for Anti-Money Laundering solution
Tuesday, 18 September 2012, 9:08 am | NZ Association of Credit Unions
Wynyard Group has won a multi-year contract with the credit union industry body, New Zealand Association of Credit Unions (NZACU), to supply its advanced financial crime detection solution to 20 of its credit union and building society member organisations. More >>
Credit Union Reforms Celebrated in Money Week
Friday, 7 September 2012, 10:44 am | NZ Association of Credit Unions
In a week where New Zealanders are celebrating Money Week, credit unions have another reason to celebrate. Government reforms to archaic credit union legislation are being welcomed as “a step in the right direction,” by the New Zealand Association of ... More >>
NZ Association of Credit Unions and Finzsoft Collaborate
Monday, 2 April 2012, 4:34 pm | NZ Association of Credit Unions
The New Zealand Association of Credit Unions (NZACU) has formed a joint venture with Finzsoft Solutions Ltd to form NZ Bureau Ltd, an IT infrastructure technology company providing services to NZACU and Finzsoft for the benefit of their New Zealand clients ... More >>
