Fire Service Credit Union was originally formed when four members of the SA Fire Brigade dipped into their own pockets to assist another SA Fire Brigade member to pay his debts. This desire to help their fellow members influenced the formation of the Credit Union and the South Australian Fire Brigade Employees Credit Union Cooperative Ltd was incorporated on 29 August 1972.
In 1983, the name was changed to Fire Service Credit Union Ltd but the original bond – firefighters – has changed very little. Today, membership is still restricted to members of the Emergency Services, and their families. Membership has grown to over 3,000 members who all enjoy the benefit of our quality products and exceptional customer service.
Like all Credit Unions, Fire Service Credit Union is a financial cooperative. The primary purpose of Credit Unions is not to maximize profits, but rather to contribute to the economic and social well-being of their members. We do this by encouraging savings and offering loans and other financials services that enable people to conduct their affairs with dignity and at the lowest possible cost.
Our role as part of the emergency services ‘family’ also enables us to support a number of organizations who in turn contribute to the social well-being of our members – for example, Fire Service Fund, World Police and Fire Games, Fire Fighters Club, and Australian Professional Firefighters Foundation.
When you join Fire Service Credit Union you automatically become an equal owner, or shareholder, of the Credit Union with equal voting entitlements in the processes that elect the people responsible for governing your Credit Union’s affairs.