We are the archives of the financial mutuals sector. Our collection includes records of individual mutual banks and credit unions, the people who contributed to the industry and associated organisations.
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The Wallis Report (Financial System Inquiry) handed down in 1997 was a momentous event in Australian financial history. The changes were widely heralded by customer owned banks at the time but perhaps there are some misgivings 30 years on? As part of our ongoing digitisation program, last year we digitised this 17-minute film produced by...
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When Satisfac Direct Credit Union merged with PowerState Credit Union in October 2009 becoming Credit Union SA, it had already served the people of South Australia for 51 years. “Satisfac” is an acronym that stands for South Australian Teachers Institute Savings and Finance Co-operative Society. Initially registered as a “finance co-operative”, it became Satisfac Credit...
Australian Mutuals Archives staff have always been Jacks and Jills of all trades. Shot in 2003 by late tireless archives volunteer John Lee, we bring you video of a gala event celebrating the publication of Select Credit Union 1963-2003 – a history compiled by Australian Mutuals Archives champion, Richard Raxworthy. The video is mostly a...
Earlwood is a suburb in Sydney’s Inner West. Soon to be quite hip perhaps as it’s adjacent to trendy and multicultural Marrickville. Its modern roots stem from a land grant obtained by John Parkes in 1827. Initially known as Parkestown, it became Earlwood in 1918. Earlwood Credit Union Co-operative was instituted in 1954 with a...
On September 7, 1996, NSW Premier Bob Carr opened a new branch of Orana Credit Union in Trangie NSW, amid much pomp and ceremony. This digitised VHS tape of the event shows how important such banking facilities were in regional and rural Australia. As the Regional Banking Investment Alliance (RBIA) shows, it’s still a pressing...
