Just warming up

Future. As temperatures soar, so too does the thermometer of shares in the Circular Head Community Bank. The gauge at the Smith Street branch indicates how many shares have been purchased by the community.  A branch of the Bendigo Bank, the Community Bank last week reached the minimum $450,000 target of shareholder funds and now …

3 weeks ago 0

Conditional approval for new bank

Progress. Bendigo Bank has officially announced that it will partner with the local steering committee to establish the Community Bank branch in Smithton. The committee has worked over the last four years to bring a Community Bank to Smithton, and the latest formal approval was received following a review of the written business case which …

10 months ago 0

Community Bank public meeting

Update. The steering committee of Circular Head’s Community Bank is working towards an opening date of July 1. The community project has received an overwhelming amount of support gaining more than 250 pledges and $654,000 in capital to date. Following the establishment of a Bendigo Bank branch in Smith Street, Smithton in November last year, …

2 years ago

Bank needs money on the books

Update. The local Community Bank is now a step closer following the official opening of the Bendigo Bank Agency late last month. Though opening its doors in November, an official opening welcomed about 70 people to the Smith Street branch on May 25. The bank’s state manager Russell Carrick reiterated his excitement in opening the …

3 years ago

Bendigo Bank

Opening. Community members are invited to the official opening of the Bendigo Bank Agency in Smithton. The opening will be held on Wednesday May 25, 5.30pm at the Circular Head Office Supplies/Bendigo Bank building at 29 Smith Street, Smithton. Drinks and light refreshments will be available.

3 years ago

Banking on it

Progress. Tom Glynn and wife Sue are new to town and already they know what they want from their chosen hometown: a Community Bank. And it is likely their wish will come true as the community branch of the Bendigo Bank looks to become a reality. Enough support has been offered from locals in the …

3 years ago

Community Bank needs pledges

Update. As little as 15 pledges is what it will take to turn the Community Bank into a reality according to committee member Matthew Gunningham. A total of $650,000 in pledges is needed convert the Bendigo Bank agency in Smithton, which opened in November, into a community-run branch. The transformation to a community bank would …

3 years ago

Community banking

Pledges. The Community Bank committee is giving locals a taste of what’s to come should the banking operation come to fruition. Over the past two years, the steering committee of the would-be Bendigo Bank Community Bank has been campaigning to have a branch open in Smithton. The major perk and the reason for pushing the …

3 years ago

Pledging power

Financial. Momentum continues to grow for a proposed Circular Head branch of Bendigo Bank, with two thirds of the $750,000 ‘Community Bank’ pledge target now secured. The significant marker – described as “quite a milestone” by steering committee chair Matthew Gunningham – follows a community luncheon held at Agritas Trade College late last month, where …

4 years ago

Bank’s prospects rise

Opportunity. As little as $100 can be pledged to help reach the $750,000 total needed to open a community bank in Circular Head. To date, $475,350 has been promised to the would-be branch of Bendigo Bank, different to other banks in that half of its profits are put in to local projects. The bank’s steering …

4 years ago