IN THIS ISSUE THE MARK OF A NEW ERA: OUR NEW NAME AND LOGO PLUS. Online Shopping with Visa Checkout + Personal Loans $0.

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1 SGENEWS October IN THIS ISSUE THE MARK OF A NEW ERA: OUR NEW NAME AND LOGO PLUS Online Shopping with Visa Checkout + Personal Loans $0.00 Application Fee

2 CEO UPDATE 1959 Public Works Dept Staff Co-operative 1963 Stateworks Staff Community Credit Co-operative - and now Mutual Bank, the one constant has been our commitment to preserve and strengthen our member ownership structure. CEO, DAVE TAYLOR We have a new name! The change to G&C Mutual Bank will take effect on 1 December with a formal launch scheduled at our upcoming Annual General Meeting. We re also planning some exciting new product promotions to coincide with the name change, including a Platinum Credit Card linked to the Qantas Frequent Flyer program, a new premium banking package with unlimited fee-free transactions, and a suite of new general insurance products. In the meantime, we wanted to extend our sincere thanks to all those members who took time to provide feedback on our proposed change of name. We also wanted to remind members of the process the Board initiated earlier this year to help select a new name. Following a lengthy consultation process and with the necessary regulatory approvals in place, we are very pleased to announce that SGE will soon be adopting a new name: G&C Mutual Bank. With SGE passing its 55th anniversary earlier this year, the change of name to G&C Mutual Bank marks the start of an exciting new era for the. From humble beginnings in 1959 as the Public Works Department Staff Cooperative, your Credit Union has since grown to be one of Australia s strongest member-owned financial institutions. The intervening years have seen no less than 8 name changes as well as 18 mergers with other Credit Unions. While our name has constantly evolved to reflect our broadening member base - with those names carrying various descriptors along the way including Cooperative, Credit Cooperative,, From humble beginnings in 1959 as the Public Works Department Staff Cooperative, your Credit Union has since grown to be one of Australia s strongest member-owned financial institutions. The intervening years have seen no less than 8 name changes as well as 18 mergers with other s. Consultation Processes The Board s decision to confirm G&C Mutual Bank as our new name was the culmination of a complex assessment process that began over 12 months ago. As part of that process, the Board paid close attention to the many thoughtful responses received from members earlier this year during our Have Your Say! name selection campaign. Members expressed a strong preference for a name that reinforced our proud history of serving communities of interest across workplaces and regional communities. Various names were proposed that included the word Government, reflecting our

3 Stateworks State Government State Government Employees Staff Employees Community Credit Co-operative 1997 SGE The Service 2002 SGE Current Mutual Banks NSW Teachers Victoria Teachers Queensland Teachers Credit Union Defence Credit Union Police & Nurses (WA) Credit Union NSW Police MECU Police Credit Union (VIC) Hume Building Society Heritage Building Society Community cps credit union Teachers Mutual Bank Victoria Teachers Mutual Bank QT Mutual Bank Defence Bank P & N Bank Police Bank BANK MECU BANK VIC Hume Bank Heritage Bank beyond bank AUSTRALIA origins and our history of providing trusted banking services to Government employees. The name Australian Community Bank also received strong support from members. In the end, however, many of the Board s shortlisted names were found to be unacceptable for regulatory or legal reasons. For example, restrictions now apply to use of the word Government by financial institutions. Bendigo & Adelaide Bank also objected to our proposed use of the name Australian Community Bank. Given those impediments, our Board ultimately selected a name that would achieve our business objectives while avoiding further delays or costly legal disputes. Our Board focussed its efforts on creating an attractive brand that would reflect both our past and our exciting new future as a member-owned bank. The overall branding package comprises the name, the new colours and logo and, most importantly, our new tagline: BANKING ON YOUR COMMUNITY The inclusion within the new name of the letters G and C is designed to capture and reinforce the fundamental pillars on which our business has been built over many years including our commitment to serving the needs of Government employees and regional communities, our focus on growth for the benefit of members, and our continuing efforts to work collaboratively with other mutual financial institutions. We hope you agree that our chosen name of G&C Mutual Bank will help provide that bridge between our past and our future, while also satisfying the specific objectives communicated to members earlier this year see below. The upcoming launch of G&C Mutual Bank will see us join the ranks of the thriving Mutual Bank sector, which now comprises 11 of Australia s largest and most successful member-owned financial institutions. The new name will take effect on 1 December We re also planning some exciting new product promotions... including a Platinum Credit Card linked to the Qantas Frequent Flyer program, a new premium banking package with unlimited fee-free transactions, and a suite of new general insurance products. Name Selection Criteria In searching for a suitable name, our Board s overwhelming priorities were to build a strong foundation for future growth, to assist our efforts to attract younger members, and to reinforce our standing as a member-owned financial institution. To achieve those objectives, the Board resolved that the new name must:

4 2014 G&C Mutual Bank 1. Be Enticing and Promote Open Access meaning that the name needed to avoid perceptions that member eligibility was limited by employment type, age or geographical location. 2. Reinforce our Member Ownership Structure meaning that the name needed to make clear that we are a Mutual Bank that exists solely to serve the interests of our members not the corporate needs of large institutional shareholders. A New Name But no impact on existing products! From 1 December you will begin to see the G&C Mutual Bank name and logo displayed in our Service Centres, on our website and ATMs, and in our brochures and other marketing materials. Please rest assured that the name change will have no impact whatsoever on your everyday banking with us - there will be no change to your account numbers, the BSB number, your credit or debit card details, your PIN numbers, or your internet and phone banking access numbers. 3 year Fixed Rate home loan 4.99 % * pa interest rate 5.66 % pa ** comparison rate spring into your new home! As we move closer to 1 December, a dedicated section of our website will include further information about the pending name change, including details on a suite of new home loan and credit card products. Please rest assured that the name change will have no impact whatsoever on your everyday banking with us - there will be no change to your account numbers, the BSB number, your credit or debit card details, your PIN numbers, or your internet and phone banking access numbers. On behalf of all the SGE staff, we hope you share our excitement as we embark on this next chapter of growth and development. Should you have any any questions regarding our new name or any other general enquiries, please visit our website at or contact us on

5 Personal Loans $0.00 ^ Application fee Limited time only. Save $150! take that long awaited break today! ONLINE UPDATE Online Shopping made easy with Visa Visa Checkout is Visa s new digital wallet service, designed to make it easier for members to shop online. Visa Checkout offers a simple and secure way to pay by entering a single username and password, eliminating the hassle of entering personal details across multiple merchant websites. service enables you to securely store details of your existing Visa and other payment cards in your Visa Checkout account. Then, at an online checkout, you simply click on the V.me by Visa or Visa Checkout button, sign in with your username and password, confirm your payment and click pay. Visa Checkout can be accessed via PC, smartphone or tablet, with personal account information protected by layers of security within Visa s industry-leading network. There will be no fees for consumers to enrol or make purchases using Visa Checkout. Where Visa Checkout is accepted, you will never have to enter your card number or shipping preferences again. Visa s new digital payment Visa s new digital wallet service allows consumers to: Securely store their existing Visa and other payment cards Store and use multiple shipping addresses Set transaction alerts for Visa cards based on spending thresholds and other criteria. Visit our website for more information. Register for estatements for your chance to win 1 of 3 ipads Receive your statements via our secure Online Banking service. It s fast, reliable and safe, and you no longer have to wait for the paper statements in the mail. You will receive an notifying you when statements are ready. Call to enquire today! ~

6 AGM NOTICE Notice of Annual General Meeting 2014 Notice is hereby given of the 55th Annual General Meeting of SGE Limited. DETAILS OF THE ANNUAL GENERAL MEETING Date: Tuesday, 28 October Time: 5:30pm. Location: SGE Sydney Service Centre, located at Level 25, 201 Elizabeth Street, Sydney AGENDA General Business 1. Apologies 2. To receive and consider the s Financial Report, Directors Report and Auditor s Report for the financial year ended 30 June To reappoint Alexander Hutchison as a Director. Explanatory Notes Agenda Item 3: Alexander Hutchison retires as a Director at the end of the 2014 Annual General Meeting and has nominated for reappointment. As there are no other nominated candidates, the election procedure is discontinued and members will vote on Alexander Hutchison s reappointment as Director by seperate resolution at the Annual General Meeting. Proxy Voting You can appoint a proxy to attend and vote at the Annual General Meeting on your behalf. The proxy does not have to be a member of the. An Appointment of Proxy form may be obtained by calling (02) To be valid, your Appointment of Proxy form must reach the Credit Union no later than 48 hours before the start of the Annual General Meeting. BY ORDER OF THE BOARD Ms Rosanna Argall Company Secretary 24 September 2014 CONTACT DETAILS SGE Limited ABN AFSL & Australian Credit Licence BSB Phone Mail PO Box A253 Sydney South NSW sge@sgecu.com.au Web Where are we? Bathurst Shop 5, 201 Howick Street Lismore 28 Conway Street Liverpool Hospital Shop 1 Ground Floor, Clinical Services Building, Elizabeth Street Malabar Detention Centre Anzac Parade Melbourne Level 1, 128 Exhibition Street Sydney Level 25, 201 Elizabeth Street Newcastle 328 King Street Parramatta Wentworth Street Wagga Wagga 125 Baylis Street TERMS & CONDITIONS * SGE Limited. Australian Credit Licence Eligibility criteria, terms & conditions and fees & charges apply. Comparison rate based on $150,000 loan over 25 years. At the end of the fixed rate period the interest rate will convert to the Standard Variable rate. You can open a new Fixed Rate Home Loan instead of the Standard Variable if preferred. ** WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. ^ SGE Limited. Australian Credit Licence Eligibility criteria, terms & conditions and fees & charges apply. Offer ends 31 October ~ Terms & Conditions apply. Visit for full terms and conditions.