Companion Credit Union

Companion Credit Union is a credit union based in and serving Hunter Region, Australia. It was established in 1974 by a group of Hunter Region coal miners who decided that the financial affairs of the workers in their industry were at the mercy of banks, loan sharks and extremely high interest rates.

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Companion Credit Union - History
... After initial talks with the Credit Union League in Sydney, the League approved the commencement of a new Credit Union, provided they got at least 500 members ... This was a large hurdle to overcome but on the 6th January 1975 the'Northern Mineworkers Credit Union opened its doors for the first time ... As the credit union grew more branches opened up to service members ...

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