Just how safe is your money?
Financial matters have been in the news more this year than any other this decade. One newspaper recently asked the question “How safe is my bank?”
This question followed the recent debate on whether or not Kiwi Bank would be sold. Their customers felt frustrated and confused because they were absolutely powerless to influence anything - as mere customers, they had no say.
On the other hand, approximately 180,000 Credit Union customers throughout New Zealand are very happy.
They know their bank can never be sold to an overseas company, Eric Watson or the Government.
You see, as customers, they are also shareholders and control the Credit Union. They make all the policy decisions and elect the board of directors.
So if you are looking for a real locally-owned banking option, look no further than NZCU Auckland.
Their point of difference, as a non-profit bank, is a philosophy of “people helping people”.
Their fees, charges and interest rates are much lower than other options, yet their investment rates can be amongst the best.
They have all the banking, savings and loans services you would expect from a serious player in the market.
Overall, Credit Unions control over $770 million in assets in New Zealand and US$1.18 trillion worldwide!
NZCU Auckland doesn’t lend to companies or get involved with property development or other risky businesses. They spread their lending across thousands of people like you, trying to give everyone a fair deal.
In addition to a generous business philosophy, NZCU Auckland also puts part of its sur- pluses back into the local community. Whether it’s a sports club, hospital, service club or other good causes, money is given directly to local groups.
Next time you read that a financial institution fails, or see the huge interest rate on your credit or store card statement, call any of their four branches and do something for yourself and your community.
For further information, check out the website: www.nzcuauckland. co.nz or phone 6209236.
Financial security: Great location, friendly staff and fairer prices.