]Ashburton Community Bank┬« Manager, Kathy Koulouris and Senior Manager, Nick Coker recently launched a Home Loans Campaign at the Ashy Redbacks.
The club will be rewarded each time a member or supporter moves their home loan to the Ashburton Community Bank┬«. Denise Garrett (pictured) is the first Ashy Redback member to do this earning $1,000 for the club. If nine other club members do the same the club will earn $25,000. We are proud supporters of the Ashy Redbacks and wish them every success for the 2017 season.
Canterbury Surrey Hills Community Finance Ltd (the Company) was created by locals to help locals get their banking back. Now we help locals with so much more, including many and important community investments.
After bank branches closed in Surrey Hills and Canterbury, locals formed two steering committees 2000 and 2001 respectively, to establish┬áCommunity Bank┬«┬ábranches in each location. We merged the two steering committees to form a single Community Bank┬« company in 2002, following a request from Bendigo Bank.
Surrey Hills Community Bank┬« Branch opened in February 2003 and the Canterbury Community Bank┬« Branch opened in August 2003.
We opened a third branch, the Ashburton Community Bank┬« Branch, in October 2008. It was the first Community Bank┬« branch to compete in a retail strip with branches from all the major banks, yet it still receives extensive support from the local community. We opened our fourth branch in similar circumstances in Balwyn in 2011. We are considering a fifth branch for Hawthorn.
We made our first community investments in 2005, paying out $9,500 that year. We also approved two $110,000 projects: the Camberwell sports ground electronic score board and a contribution to the$1.2 million Lynden Park pavilion redevelopment. These projects demonstrated to our communities what we could do in years to come. Community investments have since grown to over $2.9 million.
Today, we are a committed member of the Community Bank┬«┬ánetwork established by Bendigo Adelaide Bank in 1998.