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MYCU Merger News for Members

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My Credit Union to join forces with Beyond Bank Australia through a proposed merger.

Mergers have been an important part of the history, growth and financial strength of My Credit Union and its forerunners since the 1960s. Through mergers our predecessor organisations have united to become My Credit Union, a stronger and more resilient institution. Mindful of the need to meet high fixed costs whilst continually striving to deliver great value, service and the best contemporary technology, the Board of My Credit Union have sought to identify a strong mutual partner to go forward with in the next phase of growth.

We are now at an exciting point where the Board has identified a suitable merger partner, one that shares our values and commitment to members. Combining with Beyond Bank Australia, a mutual bank with a strong financial position, will allow us to provide you with the increased value and customer focused services you deserve now and into the future.

Members can soon expect mail and email advice of the proposed merger. A preview of the letter can be seen here

[Updated 1 Aug 2017]

 

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