TAILIEUCHUNG - CUFA UPDATE: Encompass Credit Union opens a safe place for Cambodians to save

Yes you are. Anyone who was in arrears on their mortgage on their home before 1 January 2011 (the date the revised Mortgage Arrears Code came into effect), is covered by the revised Code. Your lender must apply the protections of the revised Mortgage Arrears Code to your case after 1 January, but how they do this will depend on what stage of the Mortgage Arrears Resolution Process (MARP) you are at when the revised Code came into place. For example, if you entered an arrangement with your lender last year and this breaks down after 1 January. | CUFA UPDATE CUFA Credit Union Foundation Australia SEPTEMBER 2011 CONTENTS 01 Encompass Credit Union opens a safe place for Cambodians to save 03 Julie Lee and Cathy Burgess raise valuable funds to provide financial literacy to children in Cambodia 03 Sponsor Acknowledgement 04 Encompass Trivia Night Raises over 3 000 for CuFa 05 Good Tucker for Diabetics 06 Innovative VE partnership with Quay 07 OCCUL Technical Assistant in Cambodia 08 Support to Isabel Savings Clubs 09 Bamboo Money Boxes Encourage Timorese Children to Save Encompass Credit Union opens a safe place for Cambodians to save Author Phearun Pove After three months of construction Takeo Community Forestry Integrated Development Association TCFIDA savings bank building funded by Encompass Credit Union Australia was finally completed. This building is the seventh building that CUFA has built for rural savings bank in Cambodia to promote trust amongst its member and local villagers through the Building Institutional Trust program. The TCFIDA savings bank building was officially opened on 28 August 2011 in Sreronaung commune Takeo province. More than 400 people participated in the opening ceremony including governors school teachers members and children. A representative from Encompass Credit Union Mrs. Pauline Henderson travelled . CUFA UPDATE Continued from page 01 During the opening as a representative of Encompass credit union Pauline opened ten savings accounts depositing 2 in each on behalf of local children. These children committed to continue to save money on a monthly basis. . from Australia to attend the ceremony and officially open the building. Pauline gave a speech together with the savings bank manager the longest serving member and local authorities such as village governor and commune governor. The savings bank manager explained to the audience the history of the savings bank how it began and its membership. She expressed her excitement for the savings bank to have a building because the .

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