AUCKLAND, New Zealand – Eleven credit unions down under are now participating in a new Internet banking product that allows their members to go online to do a number of banking services. The service was developed by the New Zealand Association of Credit Unions (NZACU). The new system allows participating credit unions to do their own branding, according NZACU Manager of IS Operations Paul James. “The set-up is very similar to phone banking AccessTeller.T which NZACU offered its members earlier. Credit unions will find that it has a fast page turnover and it is more functional and expandable. Essentially, it equates to huge future potential,” James said. Depending on the services selected, credit unions on the system can allow their members to delete, or amend automatic payments, transfer money to other members or from one account to another. Transfers to other financial institutions or external payments are also available. Constant access for members to their statements is another feature. Statements may also be generated by types of transactions. A member can review all his automated teller activities for a specific period. Members from any of the credit unions participating can log on directly at their credit union’s site or log on from NZACU’s site.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.