Prudential disclosures

View our latest reports

On this page you can view our Capital Disclosures and Remuneration Disclosure. You can also view our latest Workplace Gender Equality report and where to find out more information about securitisation reporting.

Prudential Disclosures

As an Authorised Deposit-Taking Institution (ADI), Community First Credit Union Limited is regulated by the Australian Prudential Regulation Authority (APRA). The primary role of APRA in relation to ADI's is to ensure the stability of the financial industry, principally managed through the strict regulation of capital adequacy requirements.

Capital is the cornerstone of an ADI's financial strength. It supports an ADI's operations by providing a buffer to absorb unanticipated losses from its activities and, in the event of problems, enables the ADI to continue to operate in a sound and viable manner while the problems are being addressed or resolved. New disclosure requirements commencing from the June 2013 quarter require information about the credit union's capital to be displayed on the website. This disclosure will show Community First's assets and their appropriate risk weight under the international capital framework standard (Basel III). The minimum Capital Adequacy Ratio required under APS is 8%.

Securitisation Reporting

easystreet Trust No.1 is a securitisation programme established by the Credit Union for the purpose of establishing Australian Dollar, Prime, Full Document Residential Mortgages which may be utilised to supplement the Credit Unions Liquidity & Funding requirements. Community First Credit Union Ltd, as an information Provider to the Reserve Bank of Australia is required to make certain data publicly available to users who require it to evaluate Asset Backed Securities for professional or academic research purposes. If you would like to make an enquiry or arrange access to the data, please email financeteam@communityfirst.com.au .

Workplace Gender Equality

In accordance with the requirements of the Workplace Gender Equality Act 2012 (Act), we wish to advise that, on 12 August 2021, Community First Credit Union lodged its annual public report with the Workplace Gender Equality Agency (Agency).

View the report