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Bundoora, Australia - December 30, 2019. Bundoora, Australia – December 30, 2019. (Source: Shutterstock)

Australia’s credit unions, mutual banks and building societies are providing a variety of services to people affected by the country’s brushfires—ranging from delayed loan payments to additional time off for volunteer firefighters.

“Australia’s customer-owned banking sector has a long history of supporting its customers and communities in times of need,” Michael Lawrence, CEO of the Customer Owned Bank Association (COBA) said.

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David Baumann


Credit Union Times

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