High fives all round

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High fives all round

Almost there: after receiving the magic $500,000 in pledges, Meeniyan and District Community Bank Steering Committee was all smiles.

THE Meeniyan and District Community Bank Steering Committee have plenty of reasons to “high five” this week, reaching a $500,000 milestone in pledges.
It has taken the community nearly two years to reach this total, and has helped to boost the Steering Committee’s enthusiasm. The committee had hoped to be able to move to the next stage of the project, the feasibility study, once they reached the $500,000 mark.
The Mirboo North Community Bank project moved to feasibility study when they reached the same mark, however there are actually two criteria to be met. The other criteria is “Business on the Books”. The Meeniyan and District Community has been somewhat slower than Mirboo North to reach the required “$10,000,000 on the books” – at present the estimated total on the books for Meeniyan and District is less than $2,000,000, so there is still a bit of a way to go.
Meeniyan’s Bendigo Bank Agency owner, Kaz Hughes, who is also a Steering Committee member for Meeniyan and District, encourages the community to move their banking business, particularly those currently with major banks, to Bendigo Bank.
“The only way forward for the Community Bank project is if the business on the books grows”, Kaz said.
“There is no point sitting back and waiting for the Community Bank to open and then switching over, because if we all take that attitude, the Community Bank just won’t happen”.
Kaz and Allen, of Prom Country First National Real Estate, opened the Bendigo Bank Agency as a community service, to encourage the community to move their banking to the Bendigo Bank Agency at Meeniyan, and thus advance the Community Bank cause.
“It has been a costly exercise to open and run the agency”, said Kaz. “Now, I feel it is the community’s turn to do their bit. We have many satisfied agency customers, in Meeniyan and surrounds, who have found that dealing with the local agency, and our parent branch, Toora/Foster, is an improvement on the less personalised, big four banking experience.
“Clients need not worry about confidentiality; to switch banking, they simply call the agency on 5664 0224, make an appointment to meet with the Toora Foster manager, and go from there.
“We have moved our mortgage, trust accounts, credit cards, business finance and general business accounts, and vehicle finance, lock stock and barrel. We even have car and house insurance. The Foster Toora Branch made the process simple.”
For any enquiries concerning the Community Bank project, please feel free to contact Kaz, on 0417 516 998.

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Posted by on Mar 1 2011. Filed under Community. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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