Traditional Credit Union sponsors Garma Festival

3 August 2009

The Traditional Credit Union (TCU) today announced its sponsorship of the Garma Festival, Australia’s premier Indigenous cultural exchange event held annually in the Northern Territory.

Cathy Hunt, General Manager of TCU said the Garma sponsorship was a good match for the work the TCU is doing with Indigenous communities in the Northern Territory, particularly around financial inclusion.

"For over 13 years, we’ve been working in the Northern Territory delivering quality financial services to over 13,000 customers in remote Indigenous communities," said Cathy Hunt, General Manager of TCU.

"It makes great sense to us as we grow our branch network in the Northern Territory that we also support the communities we are serving in new ways, beyond the bricks and mortar of our branches and the services we offer."

The TCU sponsorship of Garma was made possible through the assistance of the National Australia Bank (NAB). The TCU is one of NAB’s key community partners.

"We’ve got a unique relationship with NAB and we’re most appreciative of their support for the TCU," added Ms Hunt.

Richard Peters, NAB’s Head of Community Finance and Development said that as one of the most important Indigenous think-tank events in Australia, Garma and its Key Forum – with a Regional Economic Development stream - will help NAB to further define how it can best support the needs of remote Indigenous communities.

"Garma is time out to listen, learn and think about Indigenous issues and celebrate Indigenous culture - that can only deepen our understanding and support for the Yolngu people, and more broadly, Aboriginal and Torres Strait Island people," said Mr Peters.

"We’re pleased to welcome the TCU and NAB to what has become the largest annual celebration of Yolngu culture, a national hub for sharing knowledge and culture, and one of Australia’s most significant Indigenous events," said Alan James, CEO Yothu Yindi Foundation.

For further information, please contact:

Felicity Glennie-Holmes

Richard Peters

Media Manager, Group Corporate Affairs

Head of Community Finance and Development

National Australia Bank

National Australia Bank

T: (03) 8641 3627

M: 0438 582 919

M: 0412 673 038

About Garma Festival
The Garma Festival is an initiative of the Yothu Yindi Foundation. Now in its eleventh year, Garma is Australia’s premier Indigenous cultural exchange event, attracting nearly 3,000 2000 people to Gulkula, near the north-east tip of Arnhem Land in the Northern Territory.

About the NAB & TCU community partnership
NAB and TCU work together to improve access to financial services in remote Indigenous communities. The unique community partnership established this year includes $1 million in interest-free NAB loans to expand the TCU branch network in remote locations in the Northern Territory; a $200,000 grant to support TCU branch marketing activities; a NAB employee position on the NAB Board and TCU branch secondment opportunities for NAB employees.

More information about the TCU can be accessed at www.tcu.com.au/ and NAB’s Reconciliation Action Plan can be found at www.nab.com.au/indigenous.