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Police Credit Union – Annual Report 2020/21

CEO, Costa Anastasiou shares another successful year of performance from Police Credit Union with the release of the 2020/2021 Annual Report…

Police Credit Union has again achieved an excellent year of performance across all measures despite difficult operating conditions. These strong consistent results include a record 93.8% Member Satisfaction Rating, a 2.86% increase in total assets to $1.2 billion and a prudent profit after tax result of $6.5 million for the period to 30 June 2021.

As a member-owned credit union, we reinvest 100% of profits back into our organisation to continually put our Members first, by delivering market-leading, and highly competitive financial products and services.

Our core values of superior service, honesty, integrity, and financial prudence continue to guide us well, just as they did in 1970 when the Credit Union was first formed by police to assist fellow colleagues with their banking needs. This values-based approach is crucially important as we navigate a challenging future and continue to deliver member value. 

Our innovative, resilient, and sustainable culture allows us to remain as committed as ever in providing a secure banking environment for our Members, whilst continually supporting our emergency services and important wider community and environmental initiatives.

View the full 2020-2021 Police Credit Union Ltd Annual Report