A significant amount of work and public consultation has been undertaken in relation to the feasibility of establishing North Ryde Community Bank® Branch of Bendigo Bank.
A group of interested community members was briefed by Bendigo Bank in June 2004 in relation to the proposal to establish North Ryde Community Bank® Branch‚ and a committee formed to evaluate the proposal.
A preliminary public meeting was held to discuss the Community Bank® concept and the steps required to establish a Community Bank® Branch of Bendigo at North Ryde. As a result the committee engaged an independent consultant‚ WHK Greenwoods 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 14 December 2004 and it was unanimously voted to proceed towards the establishment of North Ryde Community Bank® Branch.
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