Frequently Asked Questions
Who is Credit Union SA?
Credit Union SA is a South Australian financial institution, with $2.0 billion in assets and over 54,000 members.
Credit Union SA was formed on 1 October 2009 by a merger between former South Australian credit unions Satisfac and Powerstate, which had their origins in the education and industrial sectors respectively. Both organisations were renowned for their local knowledge
As a customer owned banking organisation, we aren't driven by the need to return dividends to shareholders like the major banks. So, we can channel the profits we generate back to our members and broader community.
This is achieved in the form of innovative new products and services, competitive fees and interest rates, high levels of personal service, community development initiatives and project funding.