The Ashburton Community Bank┬« were the proud Major Sponsor of the Ashburton Village Twilight Festival. An estimated 12,000 people enjoyed the summer sunshine and the great variety of activities on offer. Piggy was busy entertaining festival goers and enjoying time on the Ashburton Community Bank┬« stage. The Festival provided a great opportunity for the community to enjoy the vibrant Ashburton Village and wander down the normally busy
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.