Banking - Kwinana Town Centre, Western Australia, Australia
The Community Bank initiative was developed by Bendigo Bank to provide communities with banking services and access to an ongoing source of local funding. Community Bank branches have opened in communities large and small, in metropolitan and rural areas. To make their branch a reality, communities like Kwinana form a locally owned company to obtain a commercial franchise to run a Bendigo Bank branch. While Bendigo Bank provides banking infrastructure and support, the community manages the branch marshals community support and returns profits to the local community.In short, a Community Bank branch means more than just banking services. It encourages collaboration and commitment and keeps local money and local jobs in the community.