MCU

• Ian Rogers

The MCU board on Wednesday told members it “has unanimously resolved to engage in a merger with Queensland Country Bank. read more

• Ian Rogers

MCU Ltd is facing legal action from Ezifin over an aborted takeover bid. read more

• Ian Rogers

A second fintech has been thwarted at its attempt to engineer access to an ADI licence via a takeover of Maleny Credit Union. A merger with another mutual ADI is the likely fall-back for one of Austra.. read more

• Banking Day staff

A Supreme Court of Queensland judge has set August 2nd as the latest date on which members of MCU Ltd (Maleny Credit Union) may seek final approval of the Scheme of Arrangement to transfer its ADI bus.. read more

• Ian Rogers

Firstmac and 86400 are counting on a speedy, post-election green light for their entry into the banking industry, with fully-fledged banking licences anticipated. read more

• Banking Day staff

The Australian Taxation Office copped a hiding yesterday from Kate Carnell, the Australian Small Business and Family Enterprise Ombudsman, over its debt collection practices. read more

• Bernard Kellerman

Australia's largest credit union, CUA, is continuing its push into digital banking with a new personal banker instant messaging app. read more

• Banking Day staff

In the six weeks after the Commonwealth Government's notifiable data breach scheme came into force, it received 63 reports of data breaches. read more

• Ian Rogers

Nova Credit Union's members are today likely to confirm a step toward a union with Bendigo and Adelaide Bank under the latter's Alliance Bank model. The bank drew four credit unions under its wing in.. read more

• John Kavanagh

Maleny Credit Union may be the next mutual to join Bendigo and Adelaide Bank's Alliance Bank partnership, with a proposal under consideration to make the change next year. read more