MEDIA RELEASE

Power Partners join mecu to goGreen

July 2005

One of Australia’s largest community credit unions, mecu has joined forces with RF Industries (RFI) and their dealer network Power Partners in an effort to provide more environmentally friendly products to all Australians, such as mecu’s goGreen® Home Improvement Loan.

Power Partners, a nationwide network of BP Solar sales and service dealers have the aim of growing the use of renewable energy throughout suburban and rural Australia. 

With a common aim of environmental sustainability, Power Partners and mecuwill promote mecu’s home loan products to potential customers including the goGreen® Home Improvement Loan, for those seeking a loan for the installation of solar power systems for their homes.

As one of mecu’s competitive home lending products that is also environmentally friendly, mecu’s goGreen® Home Improvement Loan rewards consumers with a low interest rate for choosing to make their home more energy and water efficient.  

Mr Phylip Doughty, CEO, mecu said: “This relationship will enable a greater interest from Australians to choose environmentally friendly options when building or renovating houses.”

For more information about mecu's goGreen products visit our Car Loan and Home Loan section on our website, mecu.com.au or call 132 888.

About mecu: A financial services organisation with a difference, mecu offers personal banking, insurance and financial planning in a socially responsible way.  As a member-owned financial cooperative, mecu works toward benefiting all members and not just a small group of shareholders.

mecu aims to truly redefine the banking experience in Australia where its members can contribute to their communities and environment simply by choosing to bank with them.

*Recently winning one of Australia’s most coveted environmental award - the Publishers National Environmental Bureau Gold Banksia Award - for its goGreen Car Loan* entry and the prize for the Leadership in Financial Services and Sustainability category, mecu is committed to enhancing members financial well-being in a socially responsible way.

mecu's goGreen Car Loan product was launched in November 2003 and has since contributed to the eventual planting of some 22,000 trees annually in the Murray Darling Basin, a region of Australia, which is responsible for 40% of agricultural output.  mecu members have also benefited with reduced rates for choosing more environmentally friendly vehicles.

For further information, please contact:

Mary McAvoy:  Ph 02 9490 8129