Established in 1972, the Central Murray Credit Union (CMCU) is situated on the banks of the Murray River dividing Victoria and New South Wales. Central Murray Credit Union started with the aim to assist low-income earners neglected by other financial institutions and today it is the first choice in providing banking services to individuals and businesses within its area of operations. Unlike other banking service providers which reduce personal services and further alienate regional Australia, CMCU continues with assured personal service and community based decision-making processes.
Today its branches are located in Yarrawonga, Cobram and Tungamah. Its board is elected by and is accountable to its members.
The products and services offered by the credit union are exclusively available in Australia to specific individuals or corporations that satisfy membership criteria. Central Murray Credit Union offers various types of loans, saving accounts, insurances, foreign currency exchange, traveler’s checks, international money transfers and complete financial planning services.
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