Big Sky Credit Union (BSCU) is an Australian based credit union formed by the current or ex-employees, contractors or service providers of BHP Billiton, BP Australia and the Royal Automobile Club of Victoria (RACV) and their subsidiaries, affiliated or divested companies.[1]
As part of a round of consolidation in the Australian Credit Union industry the Big Sky and BP Credit Unions merged on 1 September 2003. The operations of the BP Credit Union were effectively taken over by the management of Big Sky.
In the 2006 financial year, the RACV Credit Union transferred its business to Big Sky, including all 2,364 members, and was wound up. The transfer of engagements contributed $12.1 million to Big Sky’s assets and $1.6 million to member equity.