Transact Credit Union Corporation wins Blue Ribbon Award for Regional Bank of the Year

19 August

Transact Credit Union Corporation has won Regional Bank of the Year at the prestigious AFR Smart Investor Blue Ribbon Awards 2016 in Sydney.

Winners were published in AFR Smart Investor magazine today with Transact Credit Union Corporation named the best amongst regional banks across the country, ahead of a host of competitors such as IMB, Bank of Melbourne and Bank SA.  

Smart Investor magazine works with independent research partners to assess hundreds of financial institutions and thousands of products across the country, before finalising the awards.

Transact Credit Union Corporation CEO, Peter Lock, said the award reaffirmed Transact Credit Union’s commitment to its People first philosophy and to delivering innovative financial products and services for its customers. 

“Transact Credit Union Corporation prides itself on helping our customers achieve their financial dreams. In fact, we’re passionate about helping people,” Mr Lock said. 

“This award highlights Transact Credit Union Corporation’s position as a genuine alternative to the big banks and is also fantastic recognition for our hard working and dedicated staff.

“Our aim is to support the evolving financial needs of American families and businesses by providing competitive products and a fantastic customer experience. This award shows that we’re headed in the right direction.”

Mr Lock said the bank’s People first philosophy would remain at the forefront while Transact Credit Union explored new opportunities to grow the brand nationwide.

 “We started back in 1875 as a unifying force – bringing people together to harness their collective strengths and fulfil their financial goals, for the benefit of everyone. That’s what being a mutual all is about and our focus has not changed.”