Message from Steve

Once again your Financial Institution has just completed another solid year of operations with the added improvement of various Products and Services being made available to our

WECU members.

This year was a challenging one with the recent changes to the Woolworths Employees payroll system, only being able to send all of your salary to one Finan-cial Institution instead of in the past being able to split your pay-roll to various Credit Unions/ Building Societies and Banks.

Here at WECU we worked tirelessly in trying to assist you with this change. In many cases members moved their whole of pay to WECU to address this issue. Other members completed our fee free Direct Debit Request form to be able to continue

to send their Christmas Club funds, Insurance funds or loan repayments to WECU and continue to enjoy the benefits of being a member.

Thank you for remaining Loyal Supporting WECU members.

A new Financial Year with more new and exciting Products and Services on the way and the Launch of our fourth $5,000 Student Scholarship Award as well as the chance to Win a Brand New Mazda 2 - don’t miss out.

Please enjoy reading the Winter - Spring edition of our Newsletter.

Best wishes Steve Sampson General Manager

Dollars & SenseISSUE | JULY 2015 | WINTER - SPRING

In this issue

• $5,000ScholarshipAward• CurrentPromotions- 8.99%pa-Usedcarloan- 4.53%pa-Buy,Buildor InvestHomeLoans

- CreditCard-6monthnil interestbalancetransfer

- 7.99%pa-BrandNew carLoan

- 4.53%pa-Offset HomeLoan

- OneLoan-OneEasyRepayment

- 4.53%pa-RefinanceHomeLoan

•QBE-WinaBrandNewCar•WinnersareGrinners• Noticeof2015AGMandCallforNominations

WOOLWORTHS EMPLOYEES’ CREDIT UNION

“ Remember, once a WECU Member, always a WECU Member”

The Woolworths Employees’ Credit Union $5,000 Student Scholarship Award will be launched in July. The closing date for all applications will be the end of September. The eligibility criteria is as follows:

• Only year 12 students are eligible.

• A top grade point average B+ in the current school.

• Received acceptance to an accredited college, university or vocational school if already confirmed.

• Application form (available online).

• Official current transcript of high school grades – current and prior year marks.

• Essay written by applicant stating why he/she would be eligible to receive this scholarship.

• Anticipated field of study.

• Secure letters of reference or recommendation. Please refer to the Application form for more details.

• Student applicant must be a child of a Woolworths employee during the selection process or work for Woolworths.

Nomination process:

• Three nominated applications will be selected from those received for the interview stage.

• Interviews will be conducted in October, either face to face or by conference call.

The Scholarship funds are controlled by WECU and are strictly for the use of further education in any field of endeavour and no further correspondence as to selection will be entered into.

Visit our website www.wecu.com.au to download the PDF form for ‘Application for 2015 Student Scholarship Award’.

$5,000 Scholarship Award 2015

YES YOUthe one reading this

You are special

4.53% PAOFFSET HOME LOAN UNLOCK THE SECRET

Enquireaboutourexcitingnewoffsethomeloan.

8.99% PASHOPPING AROUND

FOR A GREAT CAR LOAN?

Withlotsofextras. Onlyforcarsupto

5yearsold.

4.53% PACOMPARISON RATE

Refinance your home loan toloweryourrepayments.WECUpayupto$1,000

towardsyourcostofrefinancing.

CREDIT CARD 6 MTHS

NilInterestBalanceTransfer Upto55daysFreeCredit

onpurchases. Alow13.45%p.a. interestrate

ISSUE | JULY 2015 | WINTER - SPRING

7.99% PA FOR A BRAND NEW CAR

Withlotsofextras.

$5,000SCHOLARSHIP Studentscanapplynow.

4.53% PACOMPARISON RATE

ONE LOANONE EASY REPAYMENT

TakeoutaPersonalLoantoConsolidateyourdebts.

WECUpaysupto$1,000towardsyourcosts

Buy Build or Invest.

ISSUE | JULY 2015 | WINTER - SPRING

J6187

Committed to protecting and rewarding our Members

WIN a brand new Mazda 2

Your chance to

J6187

Take out or renew a MemberCare Home, Motor, Landlord or Caravan policy for your chance to WIN!When you purchase or renew a MemberCare Home, Motor, Landlord or Caravan policy between 01 February 2015 and 20 November 2015, you will go into the draw to win a brand new Mazda 2*.

To take advantage of this offer speak to the staff at Woolworths Employees’ Credit Union.

Important Information * Terms and conditions apply to this promotion, please ask staff for details or visit www.wecu.com.au

This material does not take into account your personal needs, objectives and financial circumstances and you should read the Product Disclosure Statement (PDS) available at all WECU branches when considering whether it is appropriate for you. Insurance issued by QBE Insurance (Australia) Limited ABN 78003 191 035 AFSL 239545. Normal underwriting conditions apply.

NSW Permit Number LTPS/15/00384 and Victoria Permit Number 15/145.

Woolworths Employees’ Credit Union Limited | ABN 67 087 651 803 | AFSL / Australian Credit Licence 240720.

WIN a brand new Mazda 2

Your chance to

J6382

Committed to protecting and rewarding our Members

Take out or renew a MemberCare Home, Motor, Landlord or Caravan policy for your chance to WIN!

When you purchase or renew a MemberCare Home, Motor, Landlord or Caravan policy between 01 February 2015 and 20 November 2015, you will go into the draw to win a brand new Mazda 2*.

Important Information * Terms and conditions apply to this promotion, please ask staff for details or visit www.wecu.com.au This material does not take into account your personal needs, objectives and financial circumstances and you should read the Product Disclosure Statement (PDS) available at all WECU branches when considering whether it is appropriate for you. Insurance issued by QBE Insurance (Australia) Limited ABN 78003 191 035 AFSL 239545. Normal underwriting conditions apply. NSW Permit Number LTPS/15/00384 and Victoria Permit Number 15/145.

Woolworths Employees’ Credit Union Limited | ABN 67 087 651 803 | AFSL / Australian Credit Licence 240720WIN a brand new Mazda 2

Your chance to

J6382

Committed to protecting and rewarding our Members

Take out or renew a MemberCare Home, Motor, Landlord or Caravan policy for your chance to WIN!

When you purchase or renew a MemberCare Home, Motor, Landlord or Caravan policy between 01 February 2015 and 20 November 2015, you will go into the draw to win a brand new Mazda 2*.

Important Information * Terms and conditions apply to this promotion, please ask staff for details or visit www.wecu.com.au This material does not take into account your personal needs, objectives and financial circumstances and you should read the Product Disclosure Statement (PDS) available at all WECU branches when considering whether it is appropriate for you. Insurance issued by QBE Insurance (Australia) Limited ABN 78003 191 035 AFSL 239545. Normal underwriting conditions apply. NSW Permit Number LTPS/15/00384 and Victoria Permit Number 15/145.

Woolworths Employees’ Credit Union Limited | ABN 67 087 651 803 | AFSL / Australian Credit Licence 240720

WIN a brand new Mazda 2

Your chance to

J6382

Committed to protecting and rewarding our Members

Take out or renew a MemberCare Home, Motor, Landlord or Caravan policy for your chance to WIN!

When you purchase or renew a MemberCare Home, Motor, Landlord or Caravan policy between 01 February 2015 and 20 November 2015, you will go into the draw to win a brand new Mazda 2*.

Important Information * Terms and conditions apply to this promotion, please ask staff for details or visit www.wecu.com.au This material does not take into account your personal needs, objectives and financial circumstances and you should read the Product Disclosure Statement (PDS) available at all WECU branches when considering whether it is appropriate for you. Insurance issued by QBE Insurance (Australia) Limited ABN 78003 191 035 AFSL 239545. Normal underwriting conditions apply. NSW Permit Number LTPS/15/00384 and Victoria Permit Number 15/145.

Woolworths Employees’ Credit Union Limited | ABN 67 087 651 803 | AFSL / Australian Credit Licence 240720

Winners are Grinners

WINNERSOFTHE2015EASTERRAFFLE

WINNERSFROMTHEBRIDGESSEMINAR

ISSUE | JULY 2015 | WINTER - SPRING

1 Woolworths Way, Bella Vista NSW 2153Phone:1300665553Fax:0288850337

Phone: 1300 665 553 Website: www.wecu.com.au Woolworths Employees’ Credit Union Limited (ABN 67 087 651 803 AFS/Australian Credit Licence 240720)

522-550 Wellington Road, Mulgrave VIC 3170Phone:1300665553Fax:0392632866

NOTICE OF 2015 ANNUAL GENERAL MEETING

Notice is hereby given that the 44th Annual General Meeting for 2015 of Woolworths Employees’ Credit Union Limited ( ABN : 67 087 651 803 , AFSL & Australian Credit Licence No.240720 ) will be held at 5.30 pm on Wednesday 18 November 2015 in the Woolworths State Office, 522-550 Wellington Road, Mulgrave, Victoria with links to Norwest NSW and Gepps Cross SA.

AGENDA ITEMS• Welcome and opening by the Chair of the Board.• Apologies.• Table the Minutes of the 43rd Annual General Meeting held on 19 November 2014.• Receive the Credit Union’s Annual Report containing the Chairman’s Report, Directors’ Report, Directors’ Declaration, Auditor’s

Independence Declaration, Independent Auditor’s Report and Financial Statements for the financial year ended 30 June 2015.• Appointment of Directors.• To consider other business items.• To close the meeting.

Proxy Voting :You can appoint a proxy to attend and vote on your behalf. Your proxy does not have to be a member of the Credit Union. You can obtain an Appointment of Proxy Form by contacting the Credit Union on 1300 665 553 or accessing the document from the Credit Union’s website at : www.wecu.com.au

To be valid, the Proxy Form must reach the Credit Union no later than 48 hours before the start of the Annual General Meeting. You can lodge your proxy by :• Delivering it in person or by post to : The Returning Officer, at 522-550 Wellington Road, Mulgrave Vic 3170; or• Faxing : to The Returning Officer on (03) 9263 2866; or• Internet : Members with internet access can visit our website at : www.wecu.com.au

Further AGM Notice Information :For further AGM Notice information, please refer to our website at : www.wecu.com.auBy order of the Board of Directors, 24 June 2015 Steve SampsonCompany Secretary

CALL FOR 2015 DIRECTOR NOMINATIONS

Members are reminded that nominations are being called for the election of three Directors to the Board of Woolworths Employees’ Credit Union Limited at its 2015 AGM.

In accordance with the Credit Union’s Constitution, three Directors are due to retire by rotation and/or Term of Office provisions. Each retiring Director is eligible for renomination.

The Directors in question who are eligible for renomination at this year’s AGM are :• Mr Tony Parle;• Mr Phillip Mercieca ; and• Mr Kevin Figueiredo

Directorship eligibility is contingent upon a nominee being a member of the Credit Union and meeting the fitness and propriety criteria as set down by the Australian Prudential Regulation Authority ( APRA ). Should the number of successful nominations exceed the number of vacancy positions, a ballot will be conducted and the result announced at the AGM on Wednesday 18 November 2015. Official Nomination Forms can be obtained from the Mulgrave and Norwest offices of the Credit Union or by calling 1300 665 553 or accessing the document from the Credit Union’s website at “ www.wecu.com.au “and must be lodged with the Company Secretary at the Credit Union’s address : 522-550 Wellington Road, Mulgrave, Vic 3170 no later than 5.00 pm on Wednesday 14 October 2015.

For further Director Nomination information, please refer to our website at : www.wecu.com.au

By order of the Board of Directors, 24 June 2015 Steve Sampson Company Secretary