ABACUS - Australian Mutuals

Information on the Government's guarantee of credit union & building society deposits.

Australian credit unions and mutual building societies - facts & figures at a glance.

UPDATED - Deposits with Credit Unions and Mutual Building Societies are covered by the recently announced Government guarantee. Mutual ADIs are highly capitalised and have no exposure to the complex financial products or sub-prime issues - we are safe and secure.

Abacus is the peak body for credit unions, mutual building societies & friendly societies. Abacus represents Australia's customer-owned financial service providers, collectively providing services to over six million Australians and supporting communities across the country.