Elcom Credit Union was a community-based credit union in Australia that was formed in 1966 at Newvale Colleries Doyalson as Newstan Colliery Employees Credit Union. The name was changed to Elcom Credit Union following the acquisition on Newvale Colleries by Elcom Colleries during the 1970s. It officially ceased trading as a deposit-taking institution on October 31, 2006 when it merged with Community First Credit Union. At the time of merging Elcom had seven branches, 50 staff, 22,000 members and assets of $143,000,000.