Queensland Co-operative Credit Union League (QCUL)
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QLD
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1964 - 1992
The Queensland Credit Union League (QCUL) was formed in 1964. "Co-operative" was added to the name in 1978. QCUL was created in order to provide banking services for the Queensland movement, fidelity insurance and promotion. The league had a problem with membership take-up in the early years as many Queensland credit unions were skeptical. Some thought they were doing pretty well without the support of the league.

By 1974, QCUL was in the words of Gary Lewis, “firmly established”, thanks to a hardworking group of volunteers “inspired by credit union philosophy and the support of helpful employer and union groups, NSWCUL, CUNA, CUNA Mutual and the 66,000 Queenslanders who by 1974 were members of credit unions”. From the mid 70’s QCUL began to again have difficulties even as the credit union membership itself grew. Some of the problems were unique to Queensland but some were found all over Australia. Eventually, with new powerful computing technology available and federal financial regulation, a revamped national league made sense and a new all-encompassing peak body (Cuscal) was created in 1992, rendering QCUL obsolete.

Our extensive QCUL collection includes annual reports, governance documents, a full set of board meeting minutes, correspondence, newsletters, educational material and oral history recordings.

Queensland Co-operative Credit Union League Chairman, Tom Watson, addresses the Credit Bill Symposium, ca. 1980s