International Credit Union Day is celebrated by the global credit union community on 21 October 2021. It celebrates the spirit of the global credit union movement, promotes its achievements, and raises awareness about the tremendous work that credit unions and other financial co-operatives are doing around the world. This year’s theme is Building financial health for a brighter tomorrow.
Financial co-operatives such as credit unions, building societies and mutual banks were formed when groups of like-minded workers and communities came together to make a difference to the community.
Since its establishment in 1959 as the Public Works Department Staff Co-operative, G&C Mutual Bank has grown to become one of Australia’s strongest mutual banks, and we’re proud to be part of a movement that puts people first.
Putting people first and helping our community are central to G&C Mutual Bank’s ethos. We strive to help our members and be there for them when they need us most. We’ve stood by our members though droughts, fires, recessions, and now the hardships of COVID-19. We’re ready to help our members build a brighter future.
With a proud history of providing key financial services to state government employees and regional communities, we actively support these communities by providing special offers and sponsorships. Our relationship with NSW Ambulance spans over 20 years, most recently as proud sponsor of their employee recognition awards.
We also support the community via the Australian Mutuals Foundation (AMF). AMF supports disadvantaged Australian children and youth in partnership with Barnardos Australia. AMF also assists remote and disadvantaged communities in impoverished Southeast Asian and South Pacific countries to alleviate poverty through the creation of sustainable financial co-operatives via a partnership with the Asian Confederation of Credit Unions.
As a customer owned bank, we make responsible, ethical decisions that benefit our members and the community, and reinvest our profits to provide better products and services. G&C Mutual Bank is an Associate Member Bank of the Global Alliance for Banking on Values (GABV), and as a member-focused, values-driven organisation, we are closely aligned with the GABV’s mission to promote a positive, viable banking model that’s focused on meeting human needs and sustainability.
This International Credit Union Day, we would like to thank all our members and staff members for being part of our community.
Find out more about G&C Mutual Bank’s community activities at our Community News page.