Paynesville & District Community Bank® Branch delivers all our customers' banking and insurance needs and is a strong and dynamic part of the East Gippsland business community.
We work for the benefit of our customers to improve local employment, provide opportunities and contribute to our economy. This is not just good for our community it is good for our business too.
Paynesville & District Community Bank® Branch opened its doors in December 2005 after a strong campaign by passionate community members eager to establish their own bank. Under our franchise agreement with Bendigo Bank, Paynesville & District Financial Services Limited employs staff and provides capital to operate the branch, while Bendigo Bank provides banking services, infrastructure, mentoring and training.
We employ local people and work closely with our community, supporting local clubs and organisations. We invest a large portion of our profits into the community through community grants and sponsorships, and dividends to shareholders. In fact, since we opened our doors 10 years ago, the branch has distributed more than $400,000 back to our community through donations, sponsorships and grants.
Our success was rewarded in 2014, when Paynesville & District Financial Services Limited won a 2014 East Gippsland Business Award in the Professional Services category, recognising our outstanding performance and the invaluable contribution we make to our community.
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.