A public meeting was held to discuss the Community Bank® concept and the steps required to establish a Community Bank® Branch of Bendigo Bank in the Caulfield Park area in 2002. A feasibility study was undertaken and presented to the committee at a meeting held on 7 August 2003 and it was unanimously voted to proceed towards the establishment of the Caulfield Park Community Bank® Branch.
Initially approximately 200 shareholders subscribed for shares in the company. The initial Directors then located suitable premises at 193 Balaclava Road Caulfield where the company opened the branch in 2004 and from where the branch continues to operates to this day. The branch has a successful team led by Mr Jignesh Jasani our Branch Manager since 2016. We are proud to advise that in 2018 the branch received the award for being the best Bendigo Bank Branch in the Melbourne Bayside Region. The branch is profitable and pays annual dividends to shareholders.
We have contributed approximately $1,350,000 to our local community over the last fourteen years, and the breadth of community groups we support continues to expand – from sporting clubs to schools, from welfare groups and to local religious congregations.
Every single day, Community Bank® customers are helping to change lives, and even save lives, simply by banking at our local branch.
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.