First Option is 100% member owned, so its profits are reinvested into the business to deliver greater value to members. This benefits all members, rather than a small group of investors. Private Banks on the other hand exist to maximise profits for their shareholders, so they don’t always do what’s best for their customers.
We devote time and energy to support First Option members at our host companies by sponsoring events, visiting members at their workplaces and participating in employee wellness programs.
We also give back to our members by offering special products to their families. There is the award winning Kids Bonus Saver and a range of Smart Start Access and Loan products, designed to give younger members a great start to their financial journey.
As an active part of our community, First Option is proud to sponsor a number of annual Host Company events, including cricket and golf days, as well as reunions for retired employees.
If you are part of a sporting / social club or have an event (that is linked to a First Option Host company) and are looking for sponsorship, contact First Option with the relevant details. We look forward to offering our support!
From a wider perspective, First Option is a proud sponsor of Cufa (Credit Union Foundation Australia).
Cufa is an international development agency committed to alleviating poverty and creating infinite value across the Asia Pacific. Cufa reaches over 4 million people each year through grassroots project work that focuses on economic, education, enterprise and employment activities.
Cufa works with the poorest of the poor, supporting, developing and teaching communities how to make, save and keep more money, so that they are able to lift themselves out of poverty and become financially independent. The impact of their work alleviates poverty not just for today, but far into the future, creating infinite value for many generations to come. For more information visit the Cufa website.
Our Host Companies
While First Option is not an open “community” credit union, we see the First Option community as the Members we serve and the Host companies that employ them.
Over many years, First Option has developed strong relationships with a number of Host companies. We provide current information about the credit union at work locations and visit selected sites on a regular basis to offer assistance and advice to both Members and non-Members.
Our Host companies include:
- TAB Agents
- ACI / VISA / O-I
- The Laminex Group
- Sky Channel
- Mondelez / Cadbury