When a bank dedicates up to 80 per cent of its profits to the community, it’s more than a promise – it’s a testament to values.
Community Banks understand the importance of investing in the well-being of the communities they serve.
The success of Community Bank Sunshine Coast began in the late 1990s when Cooroy faced the closure of the Big 4 bank branches.
Instead of accepting it, locals partnered with Bendigo Bank to establish the Community Bank Cooroy, followed by Marcoola and Tewantin-Noosa branches.
Owned by local shareholders, these Community Banks have given back over $4 million via the profit with purpose model.
Trish Radge, Chair of SCCFSL, said “We channel most profits back into our communities. Banking with Bendigo Bank becomes a powerful way for you to make a difference. We all need a bank so why not choose one that benefits you and your community?”
Last year, over 70 organisations benefitted. Notable donations include helping to fund local DV housing, a projector for Noosa Art Theatre, and studio refurb and tech upgrades for Noosa FM101.3. We support the film industry, sponsor meetups at Peregian Digital Hub, and provide educational scholarships.
Discover more about Community Bank Sunshine Coast on socials @CommunityBankSunshineCoast. Your choice in banking matters – it impacts lives daily. Reach out via socials and make your banking count.
