During 2011, the board of Carrum Downs Community Bank® branch saw a need to open a branch in the rapidly growing region of Cranbourne North.
After much community consultation, including surveying all households in the area as well as talking to many local shoppers at one of the shopping centres in the area for several months, the board decided that the new Marriott Waters Shopping Centre was the best place to open a new Community Bank® branch.
The branch opened in June 2013 and has been growing ahead of our forecasts. We expect it to become profitable by the end of 2018. Already the branch has contributed at least $140,000 to local community groups.
The full-service branch is open Monday to Friday where our friendly and well trained staff can cater to all your banking needs.
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.