Safe and Secure

Compliance with banking regulations

In Australia, Credit Unions, Building Societies and Banks are all regulated as  Authorised Deposit-taking Institutions or ADIs and  are required to meet the same high standards.

Just like the major banks, ADCU meet the same strict, legally-enforceable standards, under the Banking Act and strict oversight by the Australian Prudential Regulation Authority (APRA). APRA’s strict rules on the strategic and operational management of ADIs, liquidity and capital is applied to all banks, credit unions and building societies to the same prudential standards. ADCU complies with all of APRA’s Prudential Standards and are in a strong financial position.

You can find us listed on the APRA website with all the other ADIs under Credit Unions.

Just like the banks, deposits with ADCU are guaranteed under the Government Guarantee Scheme.

What is a credit union?

A credit union is made up of members who each own an equal share of the business and are essentially shareholders.

Unlike banks, credit unions have no external shareholders to pay in the form of dividends, and as such, do not usually seek to maximise and make large profits or capital gains.

This means that instead of paying out profits in the form of dividends to shareholders, we reinvest the profits back into our business, ensuring our members are rewarded with more competitive products, services and fees. 

Find our more about the credit union difference.

Responsible lending

Credit unions are prudent and responsible lenders who provide ethical member owned banking. As such, the credit union industry has the  lowest levels of arrears in the Australian lending market. Our funding base is strong and secure, and drawn mostly from our members’ deposits. As such we have less exposure to the volatile wholesale markets.

Financial strength now and well into the future

Because of our good strategic planning, well executed operational strategies, responsible lending policies and commitment to you, our members, you can be assured that we will remain strong and viable now and well into the future.

Key Performance Indicators

As at 30 June 2011.

Total Assets	Deposits
Net Balance Sheet Loans	Members Equity

More Information

• The ADCU Difference
• Safe and Secure
• History
• Benefits of Membership
• Board of Directors
• Executive Management Team
• It All Comes Back to You
• Publications
• Governance
• Disclosure Documents

Questions?

If you have any questions, please contact us