Traditional Credit Union wins Deadly Award

16 October 2009

Darwin-based Traditional Credit Union (TCU) has won the 2009 Deadly Award for Contribution to Employment.

The Deadly Awards recognise the top achievers in the Aboriginal and Torres Strait Islander Community. There were more than 8,000 nominations and 80 finalists for this year’s awards.

Other winners the 15th annual Deadlys include musicians Jessica Mauboy and Gurrumul Yunupingu and footballers Jonathan Thurston, Michael O’Loughlin and Jamal Idris.

TCU is Australia’s only Aboriginal-owned banking institution and is the only Authorised Deposit-taking Institution (ADI) based in the Northern Territory. TCU has 13 branches across the Top End of the NT.

TCU remote branch co-ordinator Mallery Thorne accepted the Deadly Award at last night’s ceremony at the Sydney Opera House Concert Hall.

“Everyone here at TCU is so proud to win a Deadly,” said TCU chief executive officer Cathy Hunt. “We are up on stage with the stars of the indigenous community.”

TCU last night also won the National Diversity@Work Award for Employment & Inclusion of Indigenous Australians.

“This is the second year running that we have won this National Diversity@Work Award, so we are being recognised for doing a good job and doing it consistently,” Hunt said.

“TCU successfully operates in two very different worlds. We hold a banking licence in the strictest regulatory framework in the financial sector and we meet the needs of a disadvantaged customer base where English is the second language.

“As an ADI, TCU is subject to the same strict regulatory framework that applies to banks. ADIs are subject to intense supervision and strict prudential standards on capital, liquidity, risk management and governance. TCU’s deposits are covered by the Federal Government’s deposit guarantee,” Hunt said.

Contact: Cathy Hunt 08 8999 0701 or 0429 095 966

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