A significant amount of work and public consultation has been undertaken in relation to the feasibility of establishing the Katoomba & Upper Blue Mountains Community Bank® Branch of Bendigo Bank.
A group of interested community members were briefed by Bendigo Bank in April 2007 in relation to the proposal to establish The Katoomba & Upper Blue Mountains Community Bank® Branch and a committee formed to evaluate the proposal.
A number of public meetings were held to discuss the concept and the steps required to establish a Community Bank® branch of Bendigo Bank at Katoomba. As a result‚ the committee 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 22 October 2008 and it was unanimously voted to proceed towards the establishment of the Katoomba & Upper Blue Mountains Community Bank® 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.