History
Jerrabomberra Community Bank® Branch
A significant amount of work and public consultation has been undertaken in relation to the feasibility of establishing the Jerrabomberra Community Bank® Branch of Bendigo Bank.
A preliminary public meeting was held to discuss the Community Bank® concept and the steps required to establish the Jerrabomberra Community Bank® Branch. As a result‚ the Company engaged an independent consultant‚ AFS & Associates‚ to conduct a feasibility study in relation to the proposal.
The results of the feasibility study were presented to the Directors at a meeting held on 7 December 2009 and it was unanimously voted to proceed towards the establishment of the Jerrabomberra Community Bank® Branch.
A similar process of consultation was undertaken in relation to the Calwell and Wanniassa Community Bank® Branches prior to their establishment.
Curtin Community Bank® Branch
When branch banking services were withdrawn from Curtin in early 2010‚ Molonglo Financial Services Ltd were contacted by local residents and traders about opening a Community Bank® at the Curtin shops.
A significant amount of work and public consultation has been undertaken in relation to the feasibility of establishing the Curtin Community Bank® Branch of Bendigo Bank.
A group of interested community members were briefed by Bendigo Bank during May 2010 in relation to the proposal to establish Curtin Community Bank® Branch and a committee formed to evaluate the proposal.
A preliminary public meeting was held to promote the Community Bank® concept and the steps required to establish a Community Bank® Branch of Bendigo Bank at Curtin.
Later (early 2011)‚ the committee engaged an independent consultant‚ AFS & Associates Pty Ltd to conduct a feasibility study in relation to the proposal.
The results of the feasibility study were presented to the committee at a meeting held during 9 May 2011 and it was unanimously voted to proceed towards the establishment of the Curtin Community Bank® Branch.
Curtin Community Bank® was launched on the 7th June with over 200 people attending to celebrate.
Calwell Community Bank® Branch
The Calwell community is the first in the ACT to open a locally owned and operated
Community Bank® Branch. Together‚ the Calwell and Wanniassa communities
raised $900‚000 in share capital to open their bank branches. Calwell is the
first branch to opened‚ followed closely by Wanniassa.
| January
2001 |
Community
leaders meet with Bendigo Bank |
| March 2001 |
First public meeting
to gauge community support
Started pledge raising campaign |
| November 2001 |
15‚500 feasibility
surveys mailed out to residents and traders |
| December 2001 |
Feasibility results
presented to the committee
|
| April 2002 |
Decision to proceed
with two Community Bank® branches‚ one in Calwell and one in Wanniassa
|
| May 2002 |
Public Share Offer
opens. Bendigo Bank and the community open a banking agency at Tony Godfrey’s
Pharmacy |
| July 2002 |
Public share offer
closes. Communities raise $900‚000 from 388 local residents‚ traders‚ business
people and farmers. |
| 6 December 2002 |
Calwell Community Bank®
launches to the public |
| 9 December 2002 |
Calwell Community Bank®
opens for business |
| June 2005 |
Quotation on BSX – Bendigo Stock Exchange
|
Wanniassa Community Bank® Branch
The Wanniassa community‚
along with nearby Calwell‚ was the first community in the ACT to open a locally
owned and operated Community Bank® Branch. Together‚ the Calwell and Wanniassa
communities raised $900‚000 in share capital to open their bank branches. Calwell
was the first branch to open‚ followed closely by Wanniassa.
| January
2001 |
Community
leaders meet with Bendigo Bank |
| March 2001 |
First public
meeting to gauge community support |
| |
Started
pledge raising campaign |
| November
2001 |
15‚500
feasibility surveys mailed out to residents and traders |
| December
2001 |
Feasibility
results presented to the committee |
| April 2002 |
Decision
to proceed with two Community Bank® branches‚ one in Calwell and one
in Wanniassa |
| May 2002 |
Public
Share Offer opens. Bendigo Bank and the community open a banking agency
at Tony Godfrey's Pharmacy |
| July 2002 |
Public
share offer closes. Communities raise $900‚000 from 388 local residents‚
traders‚ business people and farmers |
| 16 December
2002 |
Wanniassa
Community Bank® opens for business |
| June 2005 |
Quotation on BSX – Bendigo Stock Exchange
|
|
