At SCCU, good governance means doing the right thing – always. We’re committed to being transparent, accountable, and acting with integrity across every part of our organisation. All while honouring our Credit Union ethos to care for our people, customers and community.
We follow clear frameworks to manage risk, compliance, and finance, and we strictly adhere to all relevant laws and regulations. As part of the Customer Owned Banking Code of Practice, we hold ourselves to the highest standards of ethical business and service.
Protecting your data is a top priority. We take a proactive approach to security, including regular testing and monitoring, to make sure your information is safe and handled with responsibility.
We’re an unlisted, Public Company and as a Customer Owned Financial Institution, our customers are our shareholders.
Our Board is made up of five independent, non-executive directors and one executive director. Each board member and their activities are governed by our constitution. The Board is responsible for our corporate governance including monitoring SCCU on behalf of our customers and meets at least eight times per year.
The board operates several committees to ensure responsibilities to our constitution and corporate governance are met.
As a financial institution, our main regulator is the Australian Prudential Regulation Authority (APRA). APRA oversees the banking and financial services industry, including compliance with the Banking Act 1959 (Cth) and APRA’s Prudential Standards.
We are also regulated by:
We conduct internal quarterly audits and the results are reported to the Board. We engage internal and external auditors –
Join our SCCU community along with thousands of customers who love our easy to understand banking services and caring customer approach.
From your first transaction to lifelong investments, with you across all financial life stages.
Years of age
Australian our NZ resident
Confirmed employment
If you'd like a little extra help, call our team on 1300 360 744.
