CUA Special General Meeting 18 April 2024

Dear Member, 

The Board of Credit Union Auckland Incorporated (CUA) has been in discussions to join forces with First Credit Union Incorporated (First). We propose to transfer CUA’s business to First using a process called a transfer of engagements. This proposal will help secure the future of your credit union membership, by taking advantage of scale efficiencies and allowing you, our member-owners to continue to receive credit union financial services. 

We firmly believe this proposal is in the best interests of all of our members. Members will be asked to approve the transfer at a Special General Meeting to be held on Thursday, 18 April 2024, and we recommend that all members vote in favour of the transfer.