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October 23, 2008

Mutual ADI’s as social enterprises

In one of the final sessions at the Abacus Convention in Darwin there were 4 presentations by 3 credit unions and a building society of their efforts to engage with their community.

Two of the credit unions cited their objective of creating sustainable communities and describing their credit union as a social enterprise, a profit-making business for a social purpose.

Savings & Loans have a wide range of community programs and partnerships.

mecu have a commitment to the United Nations Environment Programme Finance Initiative and spoke about their work on housing affordability.

Bonus link: The Australian Credit Union Archives

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Posted 23rd October 2008 by David Jacobson in Mutuals