*Based in Maleny, Maleny Credit Union (MCU Ltd trading as) is the holder of Australian Financial Services Licence 246921 and is an authorised deposit taking institution (ADI) regulated by the Australian Prudential Regulatory Authority (APRA). Under Depositor Priority Legislation, investors are afforded the same protection that extends to banks.
From humble beginnings Maleny Credit Union has been successfully operating as a community based credit union since 1984. With approximately 3500 owner members, Maleny Credit Union’s total assets have grown to approx $43.5 million. Maleny Credit Union offers its members a range of services including on-call savings accounts, term deposits, lending services, insurance, financial planning service, free car search service and non-cash payment facilities including VISA debit cards, multi currency cash passport, internet banking, electronic funds transfer, BPAY and cheque facilities: personal cheques and our Financial Institution Cheques (similar to Bank Cheques).
The MCU Board of Directors are committed to long-term sustainability and believe the credit union has social and environmental obligations in addition to providing sound financial services and management.
MCU practices socially responsible investment by:
- advancing loans to members for environmentally sustainable purposes;
- facilitating members donations to local, national and global organisations;
- assisting micro finance groups where possible.
While a relatively small organisation, Maleny Credit Union actively partners with other organisations to drive a more proactive community approach to sustainability.
Over the past 10 years Maleny Credit Union has been the recipient of many awards for our products and services. We have won awards such as gold, silver and bronze in Money Magazines’ Best of the Best Awards.