Low credit risk Solid liquidity and stable funding Moderate earnings profile Small absolute capital base The balance sheet is supported by cash holdings and securities of A$3,038 million, which, at fiscal 2008, represented a solid 55.8% of Cuscal's total assets, including securitized assets. Cuscal provides a broad range of financial and commercial services predominantly to credit unions, in addition to acting as their central banker. Cuscal's major customers are also its owners. Cuscal aggregates the services requirement of its customers, facilitating their transactions with other financial sector players. The main types of services offered by Cuscal are: Transactional banking services: -- Electronic funds transfer – Automated Teller Machine (ATM) and cards acquiring operations, and -- Retail settlement and payments –
