Members Approve Merger to Establish Australian Mutuals Foundation–CUFA (AMF–CUFA), Launching 1 April 2026

Members of Credit Union Foundation Australia (CUFA) and the Australian Mutuals Foundation (AMF) have formally approved a merger between the two organisations, following Special General Meetings held on 10 March and 11 March respectively.

The merger will give effect to a new organisation – Australian Mutuals Foundation–CUFA (AMF–CUFA) – which will formally commence operations on 1 April 2026.

The merger brings together CUFA’s extensive experience delivering financial capability, financial inclusion, and livelihoods programs with AMF’s long-standing role supporting the mutuals sector through sector development, thought leadership, and domestic benevolent activities. Under the merger, CUFA will be the continuing legal entity, with AMF integrated into CUFA’s governance and operating structure. The Chair of CUFA said the outcome of the 10 March vote demonstrated strong member confidence in the strategic rationale for the merger.

“This decision represents a clear mandate from members to move forward together. Australian Mutuals Foundation–CUFA will combine deep program delivery expertise with strong sector leadership to create a more resilient and influential platform for financial inclusion.”

The Chair of the Australian Mutuals Foundation said the 11 March vote reflected broad support for the organisation’s future direction.

“The establishment of AMF–CUFA ensures the Australian Mutuals Foundation’s purpose, relationships, and contribution to the mutuals sector are strengthened within an organisation that shares our values and long-term vision.”

Darian Clark, CEO of AMF-CUFA, said: “This is an incredibly exciting new chapter for both organisations. AMF–CUFA combines the strengths of CUFA and the Australian Mutuals Foundation to deliver even greater impact for communities and the mutuals sector.”