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Our History

WAW Credit Union has its origins in three locally established credit unions.

Our History

Our History

WAW Credit Union has its origins in three locally established Credit Unions — St Patrick's Co-operative Credit Society in Wangaratta, Our Lady's Wangaratta Co-operative Credit Society and the Wodonga Credit Co-operative Society.

Having commenced operations in 1964, both Wangaratta
Societies decided on a merger in November 1970 to form the Wangaratta Credit Co-operative. The Wodonga Credit Co-operative Society commenced in 1961, ceased trading in the late 60s, then recommenced in 1973, operating from the premises of a leading Wodonga business house. In 1978, new premises were established in Stanley Street, Wodonga (the site of the current WAW Credit Union Headquarters).

The Wangaratta and Wodonga Co-operatives amalgamated in December 1976; a new Service Centre was established at Albury in 1979; and the name of the Credit Union was changed in April 1980 to WAW Credit Union Co-operative Limited.

Later mergers saw the addition of the Beechworth and Ovens Credit Union (198
9), Bandiana Credit Union (1998), B-W Albury Credit Union (2002), and Albury Murray Credit Union (2002).

The Board and Management have a great deal of respect for the origins and history of each of the organisations that have come together to form WAW Credit Union, with many of the historical documents and details of their founding members on display at Head Office. Today, WAW is a modern financial institution with a full Banking Licence under the Banking Act and recognised as an Authorised Deposit-taking Institution under Federal Regulations. With thirteen Service Centres (located in Albury, Beechworth, Chiltern, Corryong, Lavington, Moulamein, Myrtleford, Tallangatta, Walla Walla, Walwa, Wangaratta, Wodonga and Yackandandah) and a diverse range of products and services, WAW proudly serves its 30,000 customers throughout the region and around Australia.