A group of interested community members was briefed by Bendigo Bank on 5 October 1999 in relation to the proposal to establish Boorowa Community Bank® Branch and a committee was formed to evaluate the proposal.
A preliminary public meeting was held to discuss the Community Bank® concept and the steps required to establish a Community Bank® branch of Bendigo Bank at Boorowa. As a result‚ the committee appointed an independent consultant to undertake a feasibility study in relation to the proposal.
The results of the study were presented to the committee at a meeting held on 15 May 2000 and it was unanimously voted to proceed.
The branch officially opened for business on 12 May 2001.
Our depositors are protected under the Australian Government’s Financial Claims Scheme (FCS) which provides protection and quick access to deposits made with a bank, building society or credit union in the unlikely event that one of these institutions fails. Find out more here.