Governance

NZCU South is a nonprofit organization that strives for service over profitability.

NZCU South is nonprofit, however we are not a charity and must make sound financial decisions. We operate under a Trust Deed and are governed by the Friendly Societies and Credit Unions Act 1982.

As a mutual financial organisation, NZCU South is democratically governed by its Board which is elected from and by its customer-owners.

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