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Donation funds 25 cages and safety vests
02/03/2011
 This image is a donation of funds ($750) which bought 25 new cages and safety vests for new volunteer WIRES Blue Mountains Branch members.
Katoomba & Upper Blue Mountains Community BankŪ Branch opens for business
In a major boost for the Upper Blue Mountains‚ the Katoomba & Upper Blue Mountains Community BankŪ Branch was officially launched on Monday 7 December 2009.
Chairman of Katoomba and Upper Blue Mountains Community Enterprise Limited‚ Robert Stock said the opening was attended by Councilor Janet Mays; Bendigo and Adelaide Bank Regional Manager ‚Wayne Simpson and Kevin Abrahamson‚ a Director of Bendigo and Adelaide Bank.
"The company that manages the branch is delighted with the uptake of shares and believes the local community has established a bank branch that will benefit the community now and in the future." Mr. Stock Said.
"The branch will become a focus for local businesses and residents‚ and a community asset of which we can all be proud of."
Located at 117 Katoomba Street‚ Katoomba‚ the branch has become a reality following the issue of a prospectus and the subsequent purchase of shares in the venture by local residents.
The successful Community BankŪ concept is based around local residents and businesses taking ownership of the local bank branch and returning profits back into the community by way of funding local community based projects and also returning dividends to local shareholders.
For more details on the Katoomba & Upper Blue Mountains Community BankŪ Branch‚ or to discuss your banking needs‚ please feel free to call into the branch or contact Branch Manager‚ Brigitte Mackenzie on (02) 4782 1144.
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