Category: Small to Medium Organisation
Company: Traditional Credit Union
State: Northern Territory
Summary: Traditional Credit Union (TCU) was developed by a group of Aboriginal Elders to provide financial services to residents of remote Indigenous Communities in the Northern Territory who were disadvantaged by a lack of banking and other financial services.
TCU was incorporated as a credit union on the 5th December 1994 and opened its first branch in Milingimbi (500km east of Darwin) in early 1995.TCU now employs more than 65 staff throughout its 13 Arnhemland branches and 85% of those staff are aboriginal.
Diversity and inclusion strategies are weaved into the very fibre of the organization as it has successfully embraced two governance systems , Australian banking regulations and Yolngu culture.
TCU, Mission is to provide culturally appropriate, quality financial services to the Indigenous community and organisations in remote Australia.
Local people are employed who speak the language of their community to work in the branches.TCU believes it is not enough to only provide the banking service to the community and has a much broader agenda to provide employment and education to members in the communities it