A significant amount of work and public consultation has been undertaken in relation to the feasibility of establishing the Bungendore Community Bank® Branch of Bendigo Bank.
A group of interested community members was briefed by Bendigo Bank on 15 September 2004 in relation to the proposal to establish the Bungendore 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 in Bungendore. 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 committee at a meeting held on 23 May 2005 and it was unanimously voted to proceed towards the establishment of the Bungendore Community Bank® Branch.
The Bungendore Community Bank® Branch was officially opened on the 28th June 2006.
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.