Big Sky & Lifeplan Building Society, a Subsidiary of Australian Unity, are aiming to Combine
Voting underway on combining Big Sky Credit Union and Lifeplan Building Society
Big Sky members can now vote on the proposal to combine with Lifeplan Building Society, a subsidiary of Australian Unity. Voting can be done by proxy online via a secure online internet portal now or by:
- Facsimile – +61 3 9473 2145;
- Mail – GPO Box 2062, Melbourne, Victoria, 3001; or
- Hand delivery – by visiting any of Big Sky’s service centres.
Note - Latest time for lodgement of your proxy form is 12pm AEDT, 21 February 2012
Voting In Person can be done at the Special Meeting of members at 12pm for 12:15pm start on 23 February 2012, at the RACV Building, Level 2, 501 Bourke Street Melbourne, Victoria. Registration will commence at 12pm.
As your proxy form is barcoded it would help with registration if you bring this with you.
For seating and catering (tea/coffee) purposes, please call Big Sky on 1300 654 321 and let us know if you will be attending.
For any meeting enquiries please call Computershare* on:
- Within Australia: 1800 510 381
- Outside Australia: +61 3 9415 4048
- For all general enquiries call Big Sky on 1300 654 321.
*Computershare has been appointed by Big Sky to assist with responding to general enquiries about the meeting, the conduct of the meeting and undertaking the role of independent returning officer.
Member Information Statement
Member Information Pack: Non Shareholder
Member Information Pack: Shareholder
January Update
Date set for vote on combining Big Sky Credit Union and Lifeplan Building Society
Big Sky members will get the opportunity to have their say on the future direction of their Credit Union when a proposal to combine with Lifeplan Building Society, a subsidiary of Australian Unity, is put to them at a Special General Meeting on February 23rd.
The proposal has unanimous support from the directors of Big Sky and would see the two businesses aggregated under the name of Big Sky Building Society and the combined client base serviced as members of Australian Unity, but under the Big Sky brand and business model.
Should the members vote in favour of the proposal they will benefit from:
• Improved net invest interest rates (0.10% p.a. increase effective March 1);
• Improved variable loan interest rates (0.25% p.a. decrease effective March 1);
• Better transaction packages:
o free and unlimited RediATM transactions $200+ withdrawals;
o an increase from 4 to 8 free transactions per month for withdrawals below $200;
o free and unlimited EFTPOS transactions for all members; and
o removal of the $25 cheque book fee.
• Access to new products and services;
• The combination of two like businesses to create an even stronger organisation;
• Enhanced financial strength of the Combined Organisation;
• Greater capacity to expand the service centre network; and
• A greater capacity to deliver financial advice solutions
Members will receive an Information Statement in the mail in the latter part of January, (mailed 20 - 23rd Jan), which outlines the proposal in detail. The diagram below illustrates how the business transfer would work should the members vote in support of the proposal.
How the Transfer Works
How to Vote
Once you have received your Member Information Statement you can vote in one of the following ways:
By Proxy
- Via a secure online internet portal – www.investorvote.com.au/bigsky;
- Facsimile – +61 3 9473 2145;
- Mail – GPO Box 2062, Melbourne, Victoria, 3001; or
- Hand delivery – by visiting any of Big Sky’s service centres.
Note - Latest time for lodgement of your proxy form is 12pm AEDT, 21 February 2012
In Person
- At the Special Meeting of members at 12pm for 12:15pm start on 23 February 2012, at the RACV Building, Level 2, 501 Bourke Street Melbourne, Victoria.Registration will commence at 12pm.
As your proxy form is barcoded it would help with registration if you bring this with you.
For seating and catering (tea/coffee) purposes, please call Big Sky on 1300 654 321 and let us know if you will
be attending.
For any meeting enquiries please call Computershare* on:
- Within Australia: 1800 510 381
- Outside Australia: +61 3 9415 4048
For all general enquiries call Big Sky on 1300 654 321.
*Computershare has been appointed by Big Sky to assist with responding to general enquiries about the meeting,
the conduct of the meeting and undertaking the role of independent returning officer.
Further Information
The Questions and Answers answers to the most frequently asked questions, or our friendly Service Centre staff can also assist.
October Update
10th October 2011 - Proposal Update
Member Benefits
Q&A's
How does Big Sky fit in Australian Unity?
Who is Australian Unity?
5th October 2011
Big Sky are conducting a series of Question and Answer sessions to enable members to be fully aware of the detail involved in the proposal to combine Big Sky Credit Union and LifePlan Building Society, (a subsidiary of Australian Unity) to be voted on in early December.
These sessions are your chance to find out all you need to know in order to make an informed vote. Management from Big Sky will be attending the sessions and we encourage you to join them to learn about the reasons for the proposal, it’s benefits and ask any additional questions you may have.
Please email smcgavin@bigsky.net.au for further information.
September Update
September 2011
Directors of Big Sky Credit Union have unanimously decided to recommend a merger with LifePlan Building Society (a subsidiary of Australian Unity). A detailed explanation of the proposal and information regarding the recommendation will be provided to members in the coming weeks. Should you have any immediate questions please talk to the friendly staff at your local Service Centre or call 1300 654 321.
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