CUA Mortgage Company
CUA Mortgage Company is one of the largest credit unions in Australia. Because it is a credit union, the owners of CUA Mortgage Company are not external shareholders. The owners of CUA Mortgage Company are its members. With the mission of helping its members change for the better, CUA Mortgage Company is fully dedicated to providing only the best financial services to its valued members. Credit Union Australia (CUA) is the official corporate name of CUA Mortgage Company.
CUA Mortgage Company has several branches and outlets in Melbourne, Northern New South Wales, Queensland, and Sydney. Brisbane, the site of the first ever CUA Mortgage Company branch, remains to be the location of the credit union's headquarters.
CUA Mortgage Company History
The history of CUA Mortgage Company dates back to 1966 when the staff members of the General Post Office in Brisbane founded the Queensland Postal Co-operative Credit Union. Upon its establishment, the credit union developed a line of financial products that include line of credit and term deposits. When the credit union started opening branches in Queensland, it changed its name to Credit Union Australia (CUA). The series of initiatives carried on by CUA Mortgage Company did not stop with the changing of its name. To extend its assistance to the people of Australia, the credit union also developed services for insurance and financial planning.
CUA Mortgage Company adapted to the latest advancements in technology by introducing a 24-hour ATM service that attracted even more members. Aside from the 24-hour ATM service, CUA Mortgage Company also introduced telephone banking and online banking to its valued members. CUA Mortgage Company formed mergers with Metropolitan Credit Unio n,CPS Credit Society, and Australian National Credit Union between the late 1990s and early 2000s.
CUA Mortgage Company Home Loans
- Home Loans with Variable Interest Rates - involves an adjustable amount of interest rates
- Home Loans with Fixed Interest Rates - involves a set amount of interest rates
- Interest Only Home Loans - features the repayment option of paying off first the interest
- Line of Credit Loans - includes the investment package and debt reduction offer