Credit Unions in Queensland

Following is a list of current and former credit unions in the state of Queensland, the second largest state in Australia. Brisbane is the capital and the largest city of Queensland, with a population of over 2.4 million.

Credit Union Australia (CUA) – The largest credit union in the country by total assets, deposits, loans and number of members. It employs around 1,000 employees and serves over 500,000 members through branches and ATMs across Australia. Today, CUA is known as Great Southern Bank.

ECU Australia Ltd, established in 1973, was acquired by Queensland Country Credit Union (QCCU) in September 2017.

Maleny Credit Union (or MCU Limited), incorporated in 1984, transferred its banking business to Queensland Country Bank in 2021.

Queensland Country Credit Union, founded in 1971, was the second largest credit union in Queensland with 33 branches and service centres. It was rebranded as Queensland Country Bank in 2020.

Queensland Police Credit Union changed its name to QPCU Limited in 2016 and commenced trading as QBANK. As of March 2022, QBANK had more than 25,000 members.

Queensland Professional Credit Union, founded in 1967, operates as a division of Auswide Bank.

Queensland Teachers' Credit Union (QTCU), the fifth largest Australian credit union, changed its name to QT Mutual Bank in October 2011. It became one of Australia's first mutual banks after APRA approved its use.

Queenslanders Credit Union, established in 1963, merged with Queensland Country Credit Union in April 2018.

Railways Credit Union became Move People Driven Banking in 2016 and changed its name to MOVE Bank in May 2018.

The Capricornian Ltd (formerly Capricornia Credit Union) is a deposit taking institution regulated by APRA (Australian Prudential Regulatory Authority). It offers transaction and everyday savings accounts, student and youth access accounts, home, personal and car loans, term deposits, cash management, Visa debit cards, multi-currency cash passport prepaid Mastercard, online banking, international and cheque book services, foreign exchange as well as home, contents, landlords and travel insurance.

The Gympie Credit Union, established in 1968, merged with Warwick Credit Union in 2019.

Warwick Credit Union offers savings and lending products through network of branches in South East Queensland.

Updated as of March 30, 2024