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As the Board of Directors of Sydney Credit Union has previously announced, we have been in discussions with Endeavour Mutual Bank to create a stronger mutual financial institution that is able to deliver enhanced services and rates. This involves two important changes to Sydney Credit Union, both of which are aimed exclusively at benefiting our members.

A proposed total transfer of business by Endeavour Mutual Bank to Sydney Credit Union.

A proposed change of trading name from Sydney Credit Union to Sydney Mutual Bank.

The proposals are detailed in the links below:

All necessary regulatory approvals have been obtained from the relevant authorities including the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC).

The proposed changes have the unanimous support of Sydney Credit Union's Executive and Board of Directors, which recommends that you vote in favour of the merger and name change.

Information Evenings

To give you the opportunity to meet with us to ask questions and gain a better understanding of what you can expect from the proposed merger, we have scheduled two information evenings prior to the Special General Meeting.

6:00 pm, Monday 8 July 2019, The York, 99 York Street Sydney

6:00 pm, Wednesday 10 July 2019, 19 Second Avenue, Blacktown

To reserve your place, please call: (02) 9678 2138 or email: sgm@scu.net.au.

Voting by proxy

You can appoint a proxy to attend and vote at the meeting on your behalf. Your proxy does not have to be a member of Sydney Credit Union.

A Proxy Form can be obtained by clicking here or contacting SCU:

  • By Post: The Secretary, Sydney Credit Union, PO Box 444, BLACKTOWN NSW 2148
  • By email: sgm@scu.net.au
  • By telephone: (02) 9678 2138
  • By fax: (02) 9094 2284

The Appointment of Proxy Form includes instructions on how to vote using a proxy. Please read these instructions carefully.

To be valid, your Appointment of Proxy form must reach Sydney Credit Union no later than 48 hours before the start of the Special General Meeting.