Home About Us Summerland Why Credit Unions Are Better
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Our customers are members of the credit union and are also the owners of our business. Everything we do is for the ultimate benefit of our members. We are a mutual financial cooperative. From the perspective of a modern organisation like Summerland Credit Union, mutuality can readily be defined as a business being owned by its members, run by members, for the benefit of members. However, an even better definition of mutuality is simply “people helping one another”.

Unlike the banks, we make our decisions to benefit our members, not shareholders through the stock exchange. Profits are returned to our members through fairer fees and improved service levels. We value our place in the community and strive to enhance our region through involvement in, and sponsorship of, a wide range of local groups, organisations and events.

Government GuaranteeSummerland holds a banking licence and we also have the Federal Government's 100% Guarantee  providing protection for deposits held with us. See us for details.

As a member of our credit union, you are a part owner in the organisation, with an equal say. You are able to have a direct say by voting at our Annual General Meeting and also by voting in elections for our Board of Directors.

 

Find out how to become a Summerland member.

 

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