Co-op Money NZ 'not going to become a bank'

The member-owned credit union and building society industry body is dismissing claims it is "well down the road" on an application to became a registered bank.

Hamish McNicol
Mon, 23 Mar 2015

Co-op Money NZ, the industry body which represents member-owned credit unions and building societies, is ruling out applying to be a registered trading bank.

The sector voice, formerly called the New Zealand Association of Credit Unions, represents collective assets of more than $1.4 billion.

Its

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