Company Research Report: The Mac (Macarthur Credit Union Ltd)

Company Overview

• Name: The Mac

• Mission of the Company: The Mac aims to be its community's trusted advisor by providing ethical and transparent banking services that put members before profit.

• Founded: Originally founded in 1971 as Clutha Employees Credit Union by a group of local miners and truck drivers. It became Macarthur Credit Union in 1978 and was rebranded as The Mac in 2013.

• Key People in the Company:

• Peter Buckley: Chair of the Board of Directors

• Dave Cadden: CEO

• Paul Brooks: CFO

• Rebecca Brookes: COO

• Craig Oliver: CRO

• Lloyd Pollard: Deputy Chair

• Other board members include Richard Drinnan, Ashley Jennings, Shayley McCracken, Phillip Rankin, and Tony Schesser

• Headquarters: Camden, New South Wales, Australia

• Number of Employees: No information is available

• Revenue: No information is available

• What the Company is Known For: The Mac is known for its friendly, helpful, and supportive banking services that cater to real people, born from and serving the Macarthur and Wollondilly communities.

Products

• Home Loans: Various flexible options, including the Discounted Basic Variable Home Loan, designed to help clients get into their homes faster.

• Car Loans: Financing solutions for purchasing vehicles.

• Personal Loans: Financial support for personal needs.

• Everyday Banking: Includes accounts like the Mini Mac Bonus Saver for children and everyday transactional accounts.

• Business Banking: Solutions catered to business needs.

• Other Services:

• Youth Banking

• Overdraft Loans

• Travel and Foreign Cash Services

• Key Features: Competitive rates, flexible savings products, comprehensive financial services, vast access facilities, and genuine, friendly customer service.

Recent Developments

• Recent Developments: No specific recent developments are mentioned in the available information.

• New Products Launched: No information is available.

• New Features Added to Existing Products: No information is available.

• New Partnerships: No information is available.

Corporate Governance and Ethics

• Vision: To be the trusted advisor and partner in the Macarthur community, focusing on ethical and transparent banking practices.

• Core Values & Promises:

• Deliver services in members' interests.

• Comply with the law and act honestly.

• Offer fit-for-purpose products and services.

• Contribute to the community.

Contact Information

• Contact Number: 1300 622 278

• BSB: 802 388

• Email: mail@themaccu.com.au

Conclusion

The Mac is a member-owned financial institution rooted deeply in the Macarthur community, offering personalized and ethical banking services. With a strong community focus and comprehensive service offerings, The Mac continues to support and empower individuals in its region through ethical banking practices and community engagement.