A significant amount of work and public consultation was undertaken in relation to the feasibility of establishing the Charlton & District Community Bank® Branch of Bendigo Bank.
A group of interested community members was briefed by Bendigo Bank in relation to the proposal to establish Charlton & District Community Bank® Branch and a committee was formed to evaluate the proposal.
In 2002 a pledge campaign was conducted and a feasibility study approved by the Bendigo Bank. A decision was made to develop a Community Bank® and a new branch was constructed. The bank was officially opened on October 17th‚ 2003 and hence the establishment of Charlton & District Community Bank® Branch.
By the end of 6 1/2 years of operation the branch now has $60 million worth of business.
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.