Illawarra District Hospitals and Ambulance Employees Credit Union Ltd Candelo had assets of $41,000 and their members totalled 180. Was formed in 1956 and transferred to ICC Mutual Credit Union Ltd in December 1982 at the same time as Wollongong City Council Credit Union. Following the transfer, the name was changed to Southern Counties Credit Union. The statistics at the time of transfer were as follows: assets $2,675,000, membership 1400. Was formed in 1964 and transferred to ICC Mutual Credit Union Ltd in December 1982. Wollongong City Council Employees Credit Union Ltd Following the transfer, the name was subsequently changed to ICC Mutual Credit Union Ltd. Bega Valley Credit Union had assets of $500,000 and 450 members at the time of transfer. The Bega Valley Credit Union Ltd transferred to Illawarra County Council Staff Credit Union Ltd in May 1980. In 1974 the credit union expanded to cover other local councils and the name was then changed to Bega Valley Credit Union Ltd. Was formed in 1963 as Bega Valley County Council Employees Credit Union Ltd. However the most significant membership rule change was that of the transfers of engagements of the following Credit Unions: Bega Valley Credit Union Ltd This rule remained unchanged until September 1971, when members approved a change allowing family members to join. The initial rules for the Illawarra County Council Staff Credit Union provided that only employees of the Council could join the Credit Union. The first loan was for the sum of $80.00 for the purchase of a vacuum cleaner.Īt the February 1965 meeting of the Board of Directors, this Credit Union with its 33 members, became affiliated with the New South Wales Credit Union League, (now Cuscal), whose assistance during the years, and particularly in our infancy, has been invaluable. The first Loans Committee was elected at the January meeting. At the formation meeting, Mr Syer had promised payroll deductions for credit union members, and these commenced on the 22nd day of January, 1965.
#ALASKA HORIZON CREDIT UNION FULL#
It should be noted that the Aldermen and Officers of the Illawarra County Council had given their full support and assistance to the Credit Union at its inception and continued to contribute to its success. At this meeting, the Credit Union Rules, which had previously been drafted, were adopted. Mr Syer read a letter of congratulations from the Hon.
The then Chairman of the Illawarra County Council, Alderman F Finch, was present, together with the County Clerk, Mr M J Syer. Council granted permission for a meeting to be called and on the 20th day of November, 1964, the formation meeting of the Credit Union was held.
In 1964, Stan Arneil, who was the Government appointed organiser of Credit Unions at that time, visited Wollongong and spoke to various employees of the Illawarra County Council regarding the possibility of forming a Credit Union.
0 kommentar(er)
