Company Information

Get to know Southern Cross Credit Union

Established in 1966, Southern Cross Credit Union (SCCU) is a customer-owned Authorised Deposit-taking Institution (ADI) with a mission to provide fair and ethical banking services to its members. It has historically focused on serving the Northern Rivers community of New South Wales. In March 2023, Southern Cross Credit Union merged with Regional Australia Bank. While it now operates as a division of the larger entity, it maintains its distinct brand identity, local staff, and branch network, continuing its commitment to community-focused banking.

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Financial BankingPRIMARY
Financial Other Service

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Southern Cross Credit Union

Australia

Founded in

1966 (60 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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ASIC

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.