A significant amount of work and public consultation has been undertaken in relation to the feasibility of establishing the Blackburn South Community BankŪ of Bendigo Bank.
A group of interested community members was briefed by Bendigo Bank in relation to the proposal to establish Blackburn South Community BankŪ Branch and a committee formed.
The committee engaged an independent consultant to conduct a feasibility study in relation to the proposal. The results of the feasibility study were presented to the committee at a meeting.
A feasibility study was conducted in the Blackburn South community area by MGI Meyrick Webster to assist the community to decide whether to proceed with establishing a Community BankŪ Branch of Bendigo Bank in Blackburn South.
The feasibility study involved the distribution of surveys to 6‚000 local households and businesses; conducting interviews with a selection of local businesses and community members and reviewing the available economic information regarding the area.
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