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Southern Cross Credit Union

Community Banking since 1966 From humble beginnings meeting the financial needs of Tweed Valley banana growers in 1966, we have expanded to become a multi-million dollar business providing financial services to customers right across the Far North Coast of New South Wales and around Australia. The Credit Union Movement The Credit Union movement began in Germany in the 1860's when farmers organised themselves into mutual co-operatives to pool their savings, no matter how small and lend to each other at reasonable rates. Southern Cross Credit Union started in a similar way. In the mid 1960's a local farmer, Mr WG (Bill) Stoddart, felt that the banks of the time were too strict in the way they did business and after watching a television documentary on Credit Unions, he decided to do something about it. He realised that by using "Banana Grower" as a common bond and the name of the Banana Growers Federation as backing, a Credit Union could be formed to help local people with their finances. The Banana Growers Federation (BGF) was a large rural co-operative held in high esteem by the residents of the North Coast of NSW.
Information
  • Company Phone +61 1300 360 744
  • Address Line 1 2-4 Commercial Rd, Murwillumbah NSW
  • City Murwillumbah
  • State New South Wales
  • Country Australia
  • Postcode 2484
  • Industry Others
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