A significant amount of work and public consultation has been undertaken in relation to the feasibility of establishing Spit Junction Community Bank® Branch.
A group of interested community members were briefed by Bendigo Bank in July 2008 regarding the establishment of Spit Junction Community Bank® Branch‚ after which‚ a committee formed to evaluate the proposal.
A preliminary public meeting was held to discuss the Community Bank® concept and the steps required to get the branch up and running. As a result‚ the committee engaged an independent consultant‚ HLB Mann Judd‚ to conduct a feasibility study.
The results of the study were presented to the committee at a meeting held in February 2009‚ at which point the unanimous decision was made to proceed with the establishment of Spit Junction 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.