A significant amount of work and public consultation has been undertaken in relation to the feasibility of establishing the Ravenshoe-Gulf Country Community Bank® Branch and Agency of Bendigo Bank.
The project originally began in Georgetown when a group of interested community members was briefed by Bendigo Bank in relation to the proposal to establish a Gulf Savannah Community Bank® Branch. Another group of interested community members in Ravenshoe was briefed by Bendigo Bank in relation to the proposal to establish a Ravenshoe Community Bank® Branch. Steering Committee members from both areas consulted with their communities and started to collect pledges of support. Due to the small and scattered populations in both areas‚ with the approval of Bendigo Bank‚ the Steering Committees decided to join forces and a combined meeting of the Ravenshoe and Gulf Country communities was held. As a result‚ it was decided to engage an independent consultant‚ Richmond Sinnott and Delahunty 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 22 June 2008 and it was unanimously voted to proceed towards the establishment of the Ravenshoe-Gulf Country Community Bank® Branch to be located in Ravenshoe and an Agency in Georgetown.
Launch of Branch
Monday 28th March 2011 will go down in history as the day the mums and dads‚ traders‚ business people and the residents of Ravenshoe & the Gulf Country took control of their financial destiny.
More than 150 people‚ many of them shareholders of the Ravenshoe-Gulf Country Community Bank®‚ joined the local community to celebrate the official launch of the branch‚ opened by Community Bank® Chair Joan Whyte‚ and Bendigo & Adelaide Bank representative Ross Growcott [Regional Manager Far North Qld]. Well known local identity‚ Mary McDowall‚ addressed the crowd as Guest Speaker.
Festivities included the Bendigo Bank "Piggy" who handed out lollies and balloons‚ the Ravenshoe P12 State School indigenous dance group‚ the "Dreamers"‚ and a sausage sizzle prepared by local Lions Club members.
Launch of Georgetown Agency
A week later the community of Georgetown joined the party with the opening of Georgetown Agency giving access to Bendigo Bank services to the wider community in this remote rural area.
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.