Member Deposits
$Millions
Amount of money placed with Savings & Loans by our members in either an at-call, savings, cheque or investment accounts.
Assets Under Management
$Millions
The total of all Savings & Loans’ assets (including securitised assets from 2006).
Loan Balances
$Millions
Total amount of money owed to the Credit Union by our members as at 30 June, from personal loans, secured loans, credit or debit cards (includes securitised loans from 2006).
Profit After Tax
$Millions
The amount of money the Credit Union generates from operating our products and services minus the cost of providing those products and services including all taxes.
Capital Adequacy
%
An industry ratio which measures the strength of a lending institution. Savings & Loans is well above APRA’s (Australian Prudential Regulation Authority’s) minimum requirement, which is 8%.
Loan Write-Offs
$Millions
Total amount of loans where Savings & Loans was unable to recover the debt and which is therefore written off from our books as a cost.
Reserves
$Millions
Accumulated profits held by Savings & Loans to ensure our ability to grow safely.
Expense to Income Ratio
%
An industry measure of the efficiency of an organisation, the lower the ratio the more efficient. It measures the cost of running the Credit Union against the income we generate.