History of AWA

On October 16, 1969, during International Credit Union Week a group of Alcoa employees met to consider the formation of a Credit Union.

So began the history of the Point Henry Credit Co-operative Ltd., based on-site at Point Henry in Geelong, Victoria offering financial services to Alcoa employees and their families.

In 1990, the Point Henry Credit Co-operative opened an office on site at Portland Aluminium and began offering its services to its employees and their families.

In February 2002 the Board of Directors approved a change of name to AWA Credit Union in an attempt to better reflect the spread of members and to recognise the focus being placed on the potential membership base in Western Australia.

In 2004 AWA began offering its services to Alcoa employees based in Western Australia and in December of that year opened a new branch in Mandurah.

In 2006 AWA undertook a merger with Yennora Credit Union which further expanded its services to the employees of the Alcoa Yennora Plant in Sydney and their family members.

2011 saw another successful merger for AWA. On 1 August a merger took place with Geelong & District Credit Co-operative Society which coincided with the opening of our 5th branch in Malop Street, Geelong.

In 2015 AWA formed an alliance with Bendigo/Adelaide Bank Limited along with three other like-minded Financial Institutions to form the Alliance Bank Group.

From humble beginnings AWA has now grown to the point where it has in excess of 4,000 members and operations that span Australia.

To learn more about The Alliance Bank group visit www.alliancebankgroup.com.au.

Bendigo and Adelaide Bank

AWA Mutual Limited ACN 087 651 652 (AWA) is an agent of Bendigo and Adelaide Bank Limited (Bendigo Bank) ACN 068 049 178 AFSL/Australian Credit Licence 237879 in the distribution of AWA Alliance Bank branded products and services. AWA also has arrangements with other third parties as detailed in the Financial Services Guide.

AWA Alliance Bank branded deposits and loans are deposits and loans of Bendigo Bank. This website provides general advice only and information has been prepared without taking into account your objectives, financial situation or needs. We recommend that you seek independent advice before making any decisions based on this information. Consider the relevant disclosure documents, which includes terms and conditions for the various AWA Alliance Bank products and services as this information is relevant when deciding whether to acquire or hold an AWA Alliance Bank product. AWA Alliance Bank is a trade mark of Bendigo Bank.