Connect Credit Union of Tasmania Ltd (CCUT) was created in 1998 by the merger of Teachers Police & Nurses Credit Union of Tasmania and Savings and Loans Credit Union Cooperative. In October 2005, the company launched a new trading name Connect Financial. The legal entity and name remained unchanged. As at 30 June 2007, CCUT had total assets of $889 million, loans of $790.4 million, deposits of $492.9 million, total equity of $52.9 million, and 159 employees.
In 2007, Connect Credit Union merged with Island State Credit Union to form MyState Financial Credit Union of Tasmania Ltd (today known as MyState Bank).
Head office address:
Level 9, 39 Murray Street
Hobart, Tasmania 7000
Australia