2012 segra national...
TRANSCRIPT
2012 SEGRA NATIONAL
CONFERENCE
The Community Bank® model
Developed in 1998 in response to closure of bank branches (over 2,000 closures nationally)
• 295 Community Bank® branches across Australia today (all states and territories)
• 20 Community Bank® branches nationwide open every year
• Community Bank® branches provide full banking services
• Local company formed and acquires bank franchise
• Bendigo Bank provides banking infrastructure
• Community Bank® branch retains half of the income
• 80 per cent of its profit to the community and up to 20 per cent to its shareholders
What is Community Banking?
Community Outcomes and
Business Growth
• More than $80 million nationally invested back into communities
• Approximately $20 million (and growing) in dividends
• Over 70,000 Shareholders (and growing)
• Over $16 billion in business within the Bendigo network
• Over 1830 Community Bank® directors
• Over $100 million in expenses spent within the communities
Community Bank® delivers … • retained local capital
• assured local competitive landscape
• improved local confidence
• enhanced local collaboration and co-operation
• strengthened community commitment
• acknowledged community champions
• enhanced Community Balance Sheet
much improved prospects of a sustainable
community
Community Partnership
Forums
Community Bank ®
contributions to community
outcomes
Successful Customers
Successful Communities
Successful Bank