History

The idea for the Traditional Credit Union (TCU) was originally developed by a group of Aboriginal Elders to provide financial services to residents of Arnhemland communities who were disadvantaged by a lack of banking and other financial services.

We would not have developed any further if it weren't for grant funding received from the then Government Department ATSIC and the Arnhemland Progress Association. Through the tireless efforts of a number of Aboriginal Elders and the Arnhemland Progress Association we were incorporated as a credit union on the 5th December 1994.

With our first remote branch opened in Milingimbi in 1995 we have grown to a network of twelve branches and one agency throughout the Top End. As a credit union, our members (whether individuals, family groups or organisations) are shareholders and hence the primary focus for us is the needs of our members.

Mission Statement

"Our mission statement is to provide personalised quality financial services for the Indigenous people and organisations in remote communities while respecting and valuing the cultural heritage of Indigenous Australians."

Please download Our Story for further information. Click here to watch our movie.

Our first remote branch in Milingimbi
was opened in 1995

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