Governance - NZCU Auckland

“NZCU Auckland is a public-benefit organization that strives for service over profitability.”

NZCU Auckland is a financial co-operative; however we are not a charity and must make sound financial decisions. We operate under a Trust Deed and are governed by the Friendly Societies and Credit Unions Act 1982.

 

NZCU Auckland has a guarantee under the New Zealand Retail Deposit Guarantee Scheme covering all deposits.

 

As a mutual financial organisation, NZCU Auckland is democratically governed by its Board which is elected by its customer-owners.