mecu
 From left: Chairman of mecu John Baistow, CEO of mecu Phylip Doughty, Chairman of EPA Mick Bourke and Deputy Premier and former Minister for the Environment, John Thwaites |
"Managing the risk we pose to the environment is a natural extension of the socially responsible way credit unions have conducted themselves since the first credit society was organised in 1864 by a group of workers in Germany."
John Baistow, Chairman, mecu (2003 Annual Report)
mecu is the result of a merger between Members Australia Credit Union and Education Credit Union. It is Victoria's largest credit union, with over 50 years of combined experience. It has more than 100,000 members, assets exceeding $1.3 billion and a workforce of more than 220 people. In line with its purpose and values, mecu aims to become the pre-eminent socially responsible banking brand in Australia.
In March 2004 mecu became the first Australian credit union to sign up to the UNEP FI Statement.
Corporate social responsibility
What corporate social responsibility means to mecu
For mecu, corporate social responsibility (CSR) is about creating long-term member value, through the management of social and environmental risks. By using its influence as a financial institution, mecu believes it can raise awareness for some of the pressing social and environmental issues of the community, thereby contributing to making sustainability meaningful for the people that use its products and services.
For further information visit the mecu's website. 
