Membership

Why become a member?

Who is eligible to join?

What are the different types of membership?

What are my obligations as a member?

Are there cross-credits or exemptions?

Subscription Rates

Membership Application Form

Why become a member? (back to top)

Credit Unions who are members of the New Zealand Association of Credit Unions have all agreed as a condition of their membership, to ensure that their own Rules provide that their directors and senior managers must all be members of CUINZ.

As a director or senior executive in a financial institution, under pending legislation you will be required to pass a positive assurance check of being a “fit and proper” person with proven personal qualities of honesty, good reputation, integrity, financial soundness, competence and capability, credibility and best practice.

Membership of the Institute, and being subject to its Code of Ethics and Continuing Professional Development requirements, is the best way to satisfy this “fit and proper” requirement.

Who is eligible to join? (back to top)

Every director and manager in a Credit Union can apply for membership of the Institute.

Any employee of a Credit Union can apply for membership of the Institute provided their application has the written support of the Board of their Credit Union.

A supporter of the Credit Union Movement who has demonstrated a keen interest in the Movement can apply for membership of the Institute provided their application has the written support of the Board of their Credit Union.

What are the different types of membership? (back to top)

CUINZ has three categories of membership:

Associate – every person who is eligible to join can become an Associate.

Member – a person who is eligible to join and has completed the Certificate in Credit Union Governance or has completed the Advanced Module - Roles and Responsibilities of Credit Union Directors plus an equivalent relevant qualification is eligible to become a (full) member.

Fellow – members who have rendered distinguished service, completed the Advanced Certificate of Credit Union Governance or another equivalent relevant qualification is eligible to become a (full) member.

What are my obligations as a member? (back to top)

Persons applying to become members of the Institute undertake:

• to comply with the Institute’s Code of Ethics;
• to adhere to the rules and bylaws of the Institute;
• to allow their details to be published on the public register of financial intermediaries;
• to undertake minimum annual hours of Continuing Professional Development Development (CPD)

Are there cross-credits or exemptions? (back to top)

CUINZ recognises that some people may have either suitable business and commercial qualifications or extensive business experience and can apply for a cross-credit or exemption. Application forms can be downloaded from the CUINZ subsite of CU Insight (https://extranet.nzacu.org.nz/cuinz).

Subscription Rates (back to top)

The subscription rates of CUINZ for the year to June have been set as follows:

A subscription surcharge of $100 applies where a member is a director or manager of a Credit Union which is not affiliated to the New Zealand Association of Credit Unions.

Payment of subscriptions can be made either by cheques, direct credit or a charge to your credit union.

Membership Application Form (back to top)

A membership application form is provided in pdf format. Click on the link below to display the form in a new window.

CUINZ Membership Application Form