About us

The Code Compliance Committee supports credit unions, mutual banks and mutual building societies to achieve service standards Australians can trust. We do this in three ways:

Monitoring compliance

We monitor compliance with the Customer Owned Banking Code of Practice. This Code is essentially a set of promises outlining how Australia’s customer owned banks should behave in their dealings with customers.

Investigations

We investigate allegations that a customer owned bank has breached its obligations under the Code. If a breach has occurred, we work with the customer owned bank to ensure the breach does not happen again.

Engaging with stakeholders

We engage with stakeholders around Australia to share our experience of Code compliance and influence positive changes in industry. This work includes:

Back to the top