A group of interested community members was briefed by Bendigo Bank on 27 January 2001 in relation to the proposal to establish Pinewood Community Bank® Branch and a committee was 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 Bank at Pinewood. The committee engaged an independent consultant 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 5 December 2001 and it was unanimously voted to proceed towards the establishment of Pinewood Community Bank® Branch.
The branch at Pinewood was officially opened for business on 16 August 2002.
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.