The credit union difference

Unlike most other financial service providers, Queenslanders (a trading name of Queensland Country Credit Union) is a credit union, which means our customers are also our owners. On joining Queensland Country, each customer purchases a $10 share, which entitles them to vote at the organisation’s Annual General Meetings and, in doing so, participate in the election of the Board of Directors.

It is this unique business model that sets us apart from our main competitors and ensures that the institution remains focused on Member needs rather than pursuing higher shareholder returns.

Queensland Country is an Authorised Deposit-taking Institution (ADI), regulated by the Banking Act 1959 and supervised by the Australian Prudential Regulation Authority (APRA). As a result of the regulatory environment in which all credit unions operate, Australia has one of the strongest mutual banking sectors in the world.

Our participation in the Australian financial services arena is about more than simply providing banking services. It is about community, social responsibility and collective strength.