Savings & Loans Credit Union (SA) Limited is a South Australian Credit Union headquartered in Adelaide, with branches in metropolitan and Regional South Australia. Founded in 1949 with its base in Adelaide, the modern unit was formed on 1 October 2009 as a result of a merger between two former South Australian credit unions Satisfac and Powerstate. Today Credit Unin SA operates as a subsidiary of Australian Central Credit Union Ltd. Credit Union SA is South Australia's third largest credit union, with seven branches, over $800 million in assets and just under 50,000 Members. Its membership is open to all South Australian residents. With its head office in King William, it currently has branches in Edwardstown, Golden Grove, Morphett Vale, Sefton Park, Grenfell Street and Port Augusta. The company offers savings and investment accounts along with home and personal loans. It is one of the twelve financial institutions in Australia that offer the Australian Government's First Home Saver Account. It provides both Visa credit and debit cards. Its insurance products cover home insurance, vehicle insurance, and personal insurance. Its business banking services encompass savings and transaction accounts, business loans, merchant facilities, planning solutions, and business insurance options. Credit Union SA Ltd also offers financial planning services, such as investments, superannuation, life insurance and income insurance. Credit Union SA additionally offers share trading solutions to its members. Credit Union SA - Australian Finance Directory
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