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Co-op Money New Zealand Wins Appeal Against Registrar’s Decision

AUCKLAND, 20 November 2017: Co-op Money NZ, the industry organisation representing co-operatively owned credit unions and mutual building societies in New Zealand today announced that it has won its appeal against the decision of the Registrar of Friendly Societies and Credit Unions. The successful appeal in the High Court means that Co-op Money NZ can [...]

2017-11-20T16:42:31+12:00November 20th, 2017|

NZ Credit Union Baywide reports healthy growth in year to June 2017

There were plenty of satisfied smiles at NZ Credit Union Baywide's annual meeting last week in Havelock North with reported ongoing progress with its core-banking system upgrade which has seen a 6 per cent growth in assets to $312 million and a healthy financial position with reserves of $39.9m. Chief executive Gavin Earle said the [...]

2019-03-19T09:26:18+12:00November 9th, 2017|

Nine NZ credit unions shift to Oracle Flexcube for core banking

NZCU Baywide is the second of nine New Zealand credit unions to shift to Oracle's core banking offering, Flexcube This week at the credit unions annual meeting in Havelock North, CEO Gavin Earle said the year to June 2017 has been one of investing in core infrastructure technology while balancing this commitment with growth, profitability [...]

2019-03-19T09:26:18+12:00November 1st, 2017|

Credit Unions celebrate International Credit Union Day® 2017

AUCKLAND, 19 OCTOBER 2017: Co-op Money NZ, the industry voice representing co-operatively owned credit unions and mutual building societies in New Zealand, is celebrating this year’s International Credit Union (ICU) Day® on 19 October 2017. “Since 1948, ICU Day has been celebrated annually on the third Thursday of October. Each year this international event provides [...]

2019-03-19T09:26:18+12:00October 19th, 2017|

ACU launch new banking platform

Co-op Money NZ and ACU, a Māori based credit union started by the MUMA (Manukau Urban Māori Authority) 28 years ago, are proud to announce today that ACU is the first Māori financial institution to launch a tier one banking platform for its 15,000 members. ACU branches are located in South Auckland and other parts [...]

2017-08-24T10:24:33+12:00August 24th, 2017|

Aotearoa Credit Union goes live on Oracle FSS Flexcube core banking system

Aotearoa Credit Union (ACU), a Māori financial institution in New Zealand, has implemented Oracle FSS’s Flexcube core banking system. ACU, started by the MUMA (Manukau Urban Māori Authority) 28 years ago, is the first Māori financial institution to launch a “tier one” banking platform for its 15,000 members. ACU branches are located in South Auckland and other [...]

2017-08-24T10:23:00+12:00August 24th, 2017|

Diana Clement: Don’t be taken for an expensive ride

Owning a car signals adulthood and taking out your first car loan is a rite of passage for many young people - although a cynic might tack on the words "lifelong debt". Up to 70 per cent of all vehicles sold in New Zealand are bought with some kind of financing attached, according to the [...]

2019-03-19T09:26:18+12:00June 20th, 2017|