There are some aspects of this fund which may require extra consideration before deciding to invest.
Restrictions on transfer
There are rules around transfering in and out of this investment, which may depend on eligibility. For example, overseas investors may not be able to transfer into some New Zealand managed funds. Or there may be restrictions on withdrawals, such as not until age 65 for KiwiSaver funds.
Issuer can withhold payment
In this case, the provider of this investment may not pay investors back straight away. This is important to know and acknowledge as you research investments.
Issuer's description of this product:
An offer of debt securities, being secured redeemable shares
Minimum investment
This is the minimum amount you would need to put into this in order to invest.
Closing date
This offer does not have a closing date and is a continuous issue. It's likely you'll be able to invest for the forseeable future.
Maturity
This investment does not have a fixed date of maturity, which can mean flexible or multiple terms are available.
Rate
This investment offer does not have a single set rate. This may mean that the rate is variable or that there are multiple rates available.
Key facts
Provider website
Issuer's industry
Financial/insurance
Credit ratings
Credit ratings can help you understand whether your investment in bonds will pay or if you'll get your money back. They indicate the long-term ability of the issuer to repay its debts. See also the Reserve Bank's primer on credit ratings and a map of the three scales used by the rating agencies.
(Fitch Ratings)
This is the credit rating for this particular bond or debt security.
Issuer credit rating
(Fitch Ratings)
This is the credit rating for the organisation issuing the bond or debt security.
Maturity
Maturity conditions description
Maturity will depend on the type of share account in which shares are placed
Rate
Rate calculation description
Interest will be determined based on the type of share account in which shares are placed
Key documents
These are the most important documents that a provider is required to file about this investment.
Product disclosure statement
Before you invest in a product like a fund, you are given a PDS which has essential details about it and the company providing it. Here's more on how to read a PDS.
Product Disclosure Statement - 19 December 2025.pdf
How this investment works, including about the provider, risks, costs and potential returns
Additional disclosure documents
These are more documents from the provider that can contain interesting information.
NZCU Baywide Rules - Oct 18.pdf
200 Create an Individual Customer.pdf
Joining Baywide.pdf
01770917 bank like you own the place DL V1.0.pdf
Summary of accounts and fees 8 August 2018.pdf
Interest rates summary 1 Feb 2019.pdf
Credit Risk Statement 25 September 2018.pdf
Feedback and Complaints.pdf
Credit Risk Statement 18 March 2019.pdf
Interest rates summary 23 April 2019.pdf
Credit Union Baywide Rules - March 19.pdf
Interest rates summary 1 May 2019.pdf
Credit Risk Statement 1 May 2019.pdf
Joining Baywide.pdf
Credit Risk Statement 9 May 2019.pdf
Feedback and Complaints.pdf
NZCU Baywide Rates and Fees.pdf
NZCU South Rates and Fees.pdf
NZCU Central Rates and Fees.pdf
Summary of Securitisation Programme 1 May 2019.pdf
NZCU Baywide Rates and Fees 17 May 2019.pdf
Baywide Rates and Fees 31 May 2019.pdf
South Rates and Fees 31 May 2019.pdf
Central Rates and Fees 31 May 2019.pdf
ACU Rates and Fees 31 May 2019.pdf
New Member Application Forms_Credit Union Baywide.pdf
Credit Risk Statement 20 June 2019.pdf
Credit Risk Statement - 10 July 2019.pdf
Baywide Rates and Fees 25 July 2019.pdf
Summary of Securitisation Programme July 2019.pdf
ACU Rates and Fees 22 July 2019.pdf
Baywide Rates and Fees 1 August 2019.pdf
South Rates and Fees 1 August 2019.pdf
Central Rates and Fees 1 August 2019.pdf
ACU Rates and Fees 1 August 2019.pdf
Credit Risk Statement - 9 August 2019.pdf
South Rates and Fees 1 August 2019.pdf
Central Rates and Fees 1 August 2019.pdf
Baywide Rates and Fees - 30 August 2019.pdf
South_ Rates and Fees - 30 August 2019.pdf
Central Rates and Fees - 29 August 2019.pdf
ACU Rates and fees - 29 August 2019.pdf
Baywide_Rates and Fees - 12 September 2019.pdf
South_ Rates and Fees - 12 September 2019.pdf
Central_Rates and Fees - 12 September 2019.pdf
ACU_ Rates and Fees - 12 September 2019.pdf
South - Rates and Fees 12 September 2019.pdf
Credit Risk Statement - 24 September 2019.pdf
Summary of Securitisation Programme 24 September 2019.pdf
Baywide_Interest rates and fees 1 October 19.pdf
South_ Interest rates and fees 1 October 2019.pdf
Central_ Interest rates and fees 1 October 2019.pdf
ACU_ Interest rates and fees 1 October 2019.pdf
Credit Risk Statement - 8 November 2019.pdf
Baywide Interest rates and fees combined 1 November 2019.pdf
South_ rates and fees combined 1 November 2019.pdf
Central_ rates and fees combined - 1 November 2019.pdf
Summary of Securitisation Programme 8 November 2019.pdf
ACU_ Rates & fees combined - Effective 1 November 2019.pdf
Credit Risk Statement - 25 November 2019.pdf
South_Interest Rates and fees combined 25 November 2019.pdf
Baywide Interest rates fees combined - effective 1 December 2019.pdf
South_ rates fees - effective 1 December 2019.pdf
Central_ rates fees - effective 1 December 2019.pdf
ACU_ Rates fees combined - Effective 1 December 2019.pdf
NZCU Baywide Rates and Fees Summary_14 December 2019.pdf
NZCU South Rates and Fees Summary_14 December 2019.pdf
NZCU Central Rates and Fees Summary_14 December 2019.pdf
ACU Rates and Fees Summary_14 December 2019.pdf
Credit Risk Statement - 17 December 2019.pdf
CUB Rules 1 Jan 2020.pdf
Credit Risk Statement - 3 January 2020.pdf
NZCU South Rates and Fees Summary 1 February 2020.pdf
NZCU Baywide Rates and Fees Summary 1 February 2020.pdf
NZCU Baywide Rates and Fees Summary 1 February 2020.pdf
NZCU Central Rates and Fees Summary_14 December 2019.pdf
Credit Risk Statement - 3 March 2020.pdf
NZCU Baywide Rates fees rates summary 25 Feb 20.pdf
South_Summary-of-Accounts-and-Fees-1 April 2020.pdf
Central_ Rates Fees - 1 March 2020.pdf
ACU_ Rates Fees Summary- Effective 1 March 2020.pdf
Baywide Rates fees summary 7 Apr 20.pdf
South_Rates and fees summary -7 April 2020.pdf
Central_ Rates Fees summary - 7 Apr 2020.pdf
ACU_ Rates Fees Summary 7 Apr 2020.pdf
Baywide Rates & fees summary 1 May 20.pdf
South_Rates and fees summary -1 May 2020.pdf
Central_ Rates & Fees summary - 1 May 2020.pdf
ACU_ Rates & Fees Summary 1 May 2020.pdf
Credit Risk Statement 26 May 2020.pdf
Baywide Rates fees summary 1 June 20.pdf
South_ Rates fees summary -1 June 2020.pdf
Central_ Rates Fees summary 1 June 2020.pdf
ACU_ Rates Fees Summary 1 June 2020.pdf
ACU_ Rates Fees Summary 15 June 2020.pdf
Baywide Rates fees summary 1 July 20.pdf
South_ Rates fees Summary 1 July 2020.pdf
Central_ Interest Rates 1 July 2020.pdf
ACU_ Rates Fees Summary 1 July 2020.pdf
Baywide Rates fees summary 1 July 20.pdf
Credit Risk Statement 22 September 2020.pdf
Baywide Rates and Fees summary 15 September 2020.pdf
South Rates and Fees Summary 15 September 2020.pdf
Central Rates and Fees Summary 15 September 2020.pdf
ACU Rates and Fees Summary 15 September 2020.pdf
Baywide Rates and Fees summary 1 October 2020.pdf
South Rates and Fees Summary 1 October 2020.pdf
Central Rates and Fees Summary 1 October 2020.pdf
ACU Rates and Fees Summary 1 Oct 2020.pdf
Baywide Rates Fees guide 1 November 2020.pdf
South Rates Fees guide 1 November 2020.pdf
Central Rates Fees Guide 1 November 2020.pdf
ACU Rates Fees guide 1 November 2020.pdf
Baywide Rates Fees guide 10 November 2020.pdf
South Rates Fees guide 10 November 2020.pdf
Central Rates Fees Guide 10 November 2020.pdf
ACU Rates Fees guide 10 November 2020.pdf
CUB Rules November 2020.pdf
Credit Risk Statment 23 November 2020.pdf
Baywide Rates Fees guide 26 November 2020.pdf
Baywide Rates and Fees guide 1 December 2020.pdf
South Rates Fees guide 1 December 2020.pdf
Central Rates Fees Guide 1 December 2020.pdf
ACU Rates Fees guide 1 December 2020.pdf
Baywide Rates and Fees guide.pdf
South Rates Fees guide.pdf
Central Rates Fees guide.pdf
ACU Rates Fees guide.pdf
Baywide Rates and Fees guide 15FEB21.pdf
South Rates Fees guide 15FEB21.pdf
Central Rates Fees guide 15FEB21.pdf
ACU Rates Fees guide 15FEB21.pdf
Credit Risk Statment 8 March 2021.pdf
Credit Risk Statment 6 April 2021.pdf
CUB Fees and interest rates summary effective 10.4.21.pdf
Central Rates & Fees guide 16 April 2021.pdf
ACU Rates & Fees guide 16 April 2021.pdf
CUB Fees and interest rates summary effective 26.6.21.pdf
CUB Fees and interest rates summary effective 2.7.21.pdf
CUB Fees and interest rates summary effective 11.8.21.pdf
Credit Risk Statment 29 Sep 2021.pdf
CUB Fees and interest rates summary effective 29.9.21.pdf
CUB Fees and interest rates summary effective 1.10.21.pdf
Credit Risk Statment 15 Nov 2021.pdf
Feedback and Complaints.pdf
New Member Application.pdf
Unity Rules November 2021.pdf
Unity rates & fees effective 15 November 2021.pdf
Unity rates & fees effective 21 December 2021.pdf
Joining Unity_ID Verification.pdf
Unity rates & fees effective 21 February 2022.pdf
Credit Risk Statment 24 Feb 2022.pdf
Credit Risk Statment 24 Mar 2022.pdf
Unity rates & fees effective 11 April 2022.pdf
Credit Risk Statment - May 2022.pdf
New member application form (for Disclose).pdf
Unity rates & fees effective 1 June 2022.pdf
Unity rates & fees effective 15 June 2022.pdf
Unity rates & fees effective 19 July 2022.pdf
Unity rates & fees effective 29 July 2022.pdf
Credit Risk Statment - Aug 2022.pdf
Unity rates & fees effective 12 October 2022.pdf
New membership application form.pdf
Unity Rules November 2022.pdf
Unity rates & fees effective 21 November 2022.pdf
Joining Unity_ID Verification.pdf
Unity rates & fees effective 22 November 2022.pdf
Credit Risk Statement - November 2022.pdf
Unity rates & fees effective 5 December 2022.pdf
Unity rates & fees effective 13 December 2022.pdf
Unity rates & fees effective 15 December 2022.pdf
Unity rates & fees effective 20 December 2022.pdf
Unity rates & fees effective 9 January 2023.pdf
Unity rates & fees effective 13 January 2023.pdf
Unity rates & fees effective 26 January 2023.pdf
Unity rates & fees effective 31 January 2023.pdf
Unity rates & fees effective 1 February 2023.pdf
Credit Risk Statement - February 2023.pdf
Credit Risk Statment - February 2023.pdf
Credit Risk Statement - April 2023.pdf
Credit Risk Statement - July 2023.pdf
Credit Risk Statement - September 2023.pdf
Unity Credit Union Rules.pdf
Credit Risk Statement - December 2023.pdf
Event Disclosure Statement - Unity - January 2024.pdf
Credit Risk Statement - Final - Jan 2024 (3).pdf
New member application form.pdf
Credit Risk Statement.pdf
New member application form 2024.pdf
Credit Risk Statement - September 2024.pdf
Credit Risk Statement.pdf
Unity Credit Union Rules.pdf
Feedback-and-Complaints.pdf
Unity_Credit_Union_Rules.pdf
New member application form_.pdf
Unity-ID-Verification-April-2025 (1).pdf
Credit-Risk-Statement-19-December-2024.pdf
Credit Risk Statement - Nov 2025.pdf
Additional details
Issuer details
Name
UNITY CREDIT UNION
Type
Credit Union
Industry
Financial/insurance
Website
NZBN
9429043039159
FSP Number
Credit rating
B/Negative (Fitch Ratings) on 21 January 2024
Supervisor
Name
TRUSTEES EXECUTORS LIMITED
Offer details
Date registered
29 August 2016
Date opened
05 September 2016
Closing date
None
Offer credit rating
B/Negative (Fitch Ratings) on 10 December 2024
Continuous issue
Yes
Further payments may be required
No
Restrictions on transfer
Yes
Issuer can withhold, reduce, or delay payment
Yes
Convertible product
No
Intending to list
No
Schedule 1 exemption
No
FMA exemption
No
Reference numbers
Offer
OFR10833: OFFER OF SECURED REDEEMABLE SHARES IN UNITY CREDIT UNION
Next steps
Want to know more about this investment or how it compares to others? Have a look at its peers.
Product disclosure statement
Take a deeper dive into the PDS, which has essential details about this offer and the company providing it. Here's more on how to read a PDS.
Getting investment advice
Good advice is gold. Everyone can benefit from expert advice, provided the adviser has your interests at heart. Here's how to find one and key questions to ask.
Interested in investing in this offer? Visit the provider's website. unitymoney.co.nz