NZCU News

Come to our 2019 AGM

Come along to our 2019 AGM and receive a $50* Pak’nSave Voucher for attending.

Date & Time

Thursday 12th December 2019 (doors open 5:30pm, AGM starts 6:00pm)

Venue

Landmark Bar and Function Venue, RSA Panmure (corner of Domain Road and Queens Road, Panmure)

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International Credit Union Day 2019

ICU Day is a chance to showcase the meaningful change the movement brings to members worldwide, this year’s theme was ‘Local Service, Global Reach’ promoting the work of credit unions around the world.

Which NZCU Employees Manager Ahukona Hatalafale, commonly known as Kona, says embodies NZCUE’s philosophy well.

As a sector which now has almost 90,000 credit unions across 117 countries in six different continents, and almost 260 million members, ICU Day which takes place annually every third Thursday of October celebrates the spirit of the global credit union movement.

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Breaking Down Barriers for Members

With the conclusion of Niuean Language Week 2019 on October 19, we talk to NZCU Employees Manager Ahukona Hatalafale, commonly known as Kona.

He promotes the benefits of bilingual staff for Pacific members, understanding and responding to member’s financial needs and his own Niuean heritage.

“I was born on the island of Niue, my family is from the village of Mutalau,” says Kona, who moved to New Zealand from Niue with his mother and siblings at the tender age of four.

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For the members

Times have changed since Tony Kempson joined NZCU Employees 33 years ago, but his trust in the credit union has remained as unwavering as NZCU Employees’ commitment to its members

It all began in 1986 when Tony came into contact with one of the credit union’s oldest members, Collin Taylor, who talked to him about NZCU.

Auckland-born and bred, Tony investigated the cooperative thoroughly before joining and hasn’t looked back since.

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Members vote in favour of incorporation and rule amendments

The 17 members who formed the quorum for NZCU Employees’ Special General Meeting on 25 September 2019, and nine members who cast their votes by post, agreed on the proposed incorporation of the credit union and proposed amendments to the Rules.

The members braved a cold, stormy night to attend the meeting at our Penrose branch and voted in approval of the application for incorporation and to approve the replacement Rules which would come into effect in January 2020.

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Cash your 2019 Entrust Dividend Cheque with NZCU Employees

Updated your preferences to receive your 2019 Entrust dividend via cheque?

NZCU Employees can help cash your cheque for free if you’re a member! Join the credit union to receive this offer- subject to terms and conditions.

Every year in June, Entrust, the community trust that owns 75.1% of listed company Vector, sends payment preference forms to all households and businesses in the Entrust district, connected to Vector’s electricity network.

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Proposed Changes to Rules 2019 – Special General Meeting

This is a notice to members to inform members of a Special General Meeting to be held on the 25th September 2019

The Special General Meeting of New Zealand Employees Credit Union (T/A NZCU Employees) will be held to  vote on the proposed incorporation of the credit union and proposed amendments to the Rules.

The meeting will be help at 591 Great South Road Penrose Branch, doors open at 5:30pm for a 6:00pm start.

 

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Financial Capability

For us and our members at NZCU Employees, financial capability goes deeper than what we know about money.

As a financial cooperative the knowledge helps us make wise judgements about how we use and manage our money in ways that benefit us now and in the future, enable us to reach our goals, provide for our family and, eventually reach retirement in good financial shape. 

 

Because we’re a 100% New Zealand owned financial cooperative it’s our business to serve our members and help them to succeed with their financial goals.

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Safety on the Net

In 2018 Netsafe reported $33 million dollars in scam losses, noting that actual losses would certainly be higher as figures can only represent the losses reported.

We want to make sure that our NZCU Employees members are keeping themselves safe on the net with some tips to catch a scam and keep your money and information safe.

You work hard for your money. You want to spend it on things that matter to you – whether it’s your children’s education, an exciting trip or a new phone.

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Consolidating hope

It’s all too easy to rack up debt before realising the consequences. Going to high interest loan places as a quick fix will leave you worse off than before as the true cost of charges and interest rates in fine print hits you.

NZCU Employees can help consolidate your debt with a personal loan at a very low interest rate, which Maria was able to achieve

When 20-year-old Maria graduated from university after years of scrimping by on a student loan and part-time casual work, she decided to celebrate with friends and family.

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