Private company
Teachers' Credit Society
Australian credit union founded in 1971 best known for its part in the WA Inc scandal of 19871
The Teachers' Credit Society (TCS) was a credit union founded in 1971 best known for its part in the WA Inc scandal of 1987. Over the 16 years it operated, the TCS grew from a 300-member society into the largest credit union in Australia, with 40,000 members and A$550 million on deposit and millions out on loans.2 It is headquartered in Perth.1 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
- Industryeconomics of banking1
- HeadquartersPerth1
- Legal formcooperative1
See how the biggest companies compare on our leaderboards
The Teachers' Credit Society (TCS) was a credit union founded in 1971 best known for its part in the WA Inc scandal of 1987. Over the 16 years it operated, the TCS grew from a 300-member society into the largest credit union in Australia, with 40,000 members and A$550 million on deposit and millions out on loans.2
Timeline
Links
- WikipediaTeachers' Credit Society
- WikidataQ85805385
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2