What is Community Banking?

The Community Bank® model was  developed by Bendigo Bank to provide communities with the certainty that  banking services will be available locally.
It is a franchise, with the community owning the rights to operate a  Bendigo Bank branch.

The local community forms a public company limited by shares to  represent the local community. The company raises capital locally and  purchases from Bendigo Bank the right to run a bank branch.

A Community Bank® branch has three  aims:
> To secure branch banking services for participating communities.
>To help communities better manage locally generated capital, and so  provide them with a better return on their capital.
> To enable participating communities to share in revenues generated  from their Community Banking enterprise.