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HomeIn BusinessCommunity banking matters

Community banking matters

One of the most exciting aspects of Bendigo’s Community Bank model is the distribution of up to 80 per cent of profits back into the community the bank serves.

Operated by Sunshine Coast Community Financial Services (SCCFSL), the Community Banks of Tewantin-Noosa, Cooroy and Marcoola have given back over $2.9m to date via the Profit With Purpose model.

The local Community Banks support events, schools, the Arts and sporting clubs each year.

Highlights for 2023 include the Sunny Coast Showdown, Noosa Alive, Noosa Arts Theatre, Permaculture Noosa, Coolum Wedge Festival of Body Surfing, and all Surf Lifesaving Clubs from Noosa to Mudjimba providing much-needed funding for training and equipment which help save lives.

May is Domestic and Family Violence Prevention Month, a time for all of us to speak up about domestic violence, raise awareness, and support survivors of this devastating but common issue. On 31 May at 8am outside the Community Bank Tewantin-Noosa, SCCFSL Chair Trish Radge will be providing the community with a game-changing announcement to close out DFV Prevention Month. If you would like to attend, RSVP 0492 970 507.

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