Press Releases

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 […]

November 20th, 2017|

Credit union industry awards recognise leadership and community contribution

Co-op Money NZ which represents 12 credit unions and 3 mutual building societies in New Zealand recognised some Members’ staff and directors at the industry annual Gala Awards at the Crowne Plaza Hotel, Auckland.

Chief Executive of Co-op Money NZ Henry Lynch says the Gala dinner was attended by credit union board members and staff […]

October 2nd, 2017|

Māori Financial Institution, ACU, Along With Co-op Money NZ Launches New Oracle Core Banking Platform

AUCKLAND, 21 AUGUST 2017: Co-op Money NZ and ACU, a Māori based credit union started by the MUMA (Manukau Urban Māori 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 […]

August 21st, 2017|

Co-op Money NZ welcomes Bill’s First Reading

AUCKLAND, 8th June 2017: Co-op Money NZ is delighted the Friendly Societies and Credit Unions (Regulatory Improvements) Amendment Bill, which will update the law for credit unions and their association, has been read for the first time in Parliament.

MP for Kaikoura, Stuart Smith introduced the Member’s Bill yesterday.  The Bill was supported across the […]

June 8th, 2017|

Credit unions celebrate International Credit Union Day in October

AUCKLAND, 20 OCTOBER 2016: Co-op Money NZ, the industry voice representing co-operatively owned credit unions and mutual building societies in New Zealand, will be celebrating this year’s International Credit Union (ICU) Day on 20 October 2016.

“Since 1948, ICU Day has been celebrated annually on the third Thursday of October.  Each year this international event […]

October 20th, 2016|

Credit union movement in NZ sets a global example by being ahead of the game: World Council of Credit Unions

AUCKLAND, 22 SEPTEMBER 2016: The achievements and progress of credit unions and the credit union movement in New Zealand is an example for countries around the world, according to the World Council of Credit Unions (WOCCU), the global body that builds, champions and helps grow credit unions around the world.

 

“The global credit union movement […]

September 22nd, 2016|

National certificate graduates celebrated at annual Co-op Money NZ Forum

AUCKLAND, 11 MAY 2016: Co-op Money NZ, the industry voice representing co-operatively owned credit unions and mutual building societies in New Zealand, honoured graduates from Member credit unions and mutual building societies at its annual Co-op Money NZ Forum, which was held on Saturday, 30th April 2016 at the Crowne Plaza Hotel in Auckland.

The […]

May 11th, 2016|

Credit unions continue to invest for growth

AUCKLAND, 30 March 2016:  Co-op Money NZ, the industry voice representing co-operatively owned credit unions and mutual building societies in New Zealand, is pleased to announce its continued investment in the infrastructure and capability that underpins the credit union and mutual building society sector.

As part of this ongoing investment in banking and payments infrastructure to support the […]

March 30th, 2016|

Co-op Money NZ chooses Oracle’s FLEXCUBE as core banking solution

AUCKLAND, 18 JANUARY 2016:  Co-op Money NZ, the industry voice representing co-operatively owned credit unions and mutual building societies in New Zealand, has chosen Oracle FLEXCUBE as its core banking system.

The selection of Oracle FLEXCUBE will deliver product flexibility, extensibility and interoperability to its Members, and will provide them with improved accessibility and user […]

January 17th, 2016|

Proposed changes to the Friendly Societies and Credit Unions Act welcomed by Co-op Money NZ

MBIE’s exposure draft of the Regulatory Systems Amendments Bill includes proposed changes to the Friendly Societies and Credit Unions Act, which will bring significant benefits to NZ-owned credit unions and their members. 

AUCKLAND, 21 DECEMBER 2015: Co-op Money NZ, the association representing and assisting co-operatively owned credit unions and mutual building societies in New Zealand, […]

December 20th, 2015|