Connect Credit Union of Tasmania Ltd (CCUT) was created in 1998 after 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 of June 2007, CCUT had total assets of $889.4 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 (now MyState Bank).

Head office address:
Level 9, 39 Murray Street
Hobart, Tasmania 7000