Bankable Resources

Resources Credit Union was formed in May 1961 when workers at the Water Conservation and Irrigation Commission in Northern Sydney agreed to form the Irrigation Commission Credit Union. After a year of operation they had 227 members.

Its name was changed to Resources Credit Union in 1983 after mergers with Burroughs Employees Credit Union and Housing Commission Credit Union.

On Resources’ 35^th anniversary, Australian Credit Unions Magazine interviewed General Manager, Oleg Rozmeta, who said, “what attracted me to credit unions 25 years ago and maintains my enthusiasm now is their unique cooperative and business philosophy. The simple idea of ordinary people agreeing to pool their savings to make loans to their fellow members with equitable benefits to all is as agreeable now as it was then.

“The tremendous financial strength of Resources results from the loyalty of its members which in turn is due to the commitment of the board, management and staff maintaining old fashioned credit union values, whilst providing contemporary financial services in a rapidly changing market place”.

In June 2001, Connexus magazine, which was started by Abacus (now COBA), published an article celebrating the 40^th birthday of Resources Credit Union.

Marketing and Business Development Manager, Paul Kriss, enjoyed the 40^th birthday celebrations immensely saying, “it was great to have the opportunity to say thank you to all the members who have made our credit union the strong financial institution that it is today. Our long-standing members could never have imagined that a small meeting in their lunch room could amount to the successful credit union that we have today”.

Resources Credit Union merged with Industries Mutual Credit Union in 2011 becoming My Credit Union.  My Credit Union merged with Beyond Bank in 2018.