About PowerState Credit Union
A division of Credit Union SA Ltd, Powerstate is a South Australian, financial co-operative owned and operated by its members. Formed in 1970 as the ETSA Employees Credit Union, Powerstate now has approximately 31,000 members. Powerstate provides all members with a company share, allowing them a say at Annual General Meetings, and the credit union is regulated by the Australian Prudential Regulatory Authority, meaning that it must comply with the same standards as banks. Powerstate offers home loans, personal loans, car loans, savings accounts, investment solutions, insurance, a visa card, a MasterCard, financial planning and foreign exchange services.