Community Bank Monbulk & District recently held their annual Community Awards Night.
The event was attended by volunteer members from 48 local clubs and organisations, Federal MP Aaron Violi and representatives from Yarra Ranges Council.
The evening celebrated the recent accreditation by Monbulk & District Community Enterprises Limited, the owner of the franchise of Community Bank Monbulk & District as a Social Traders Social Enterprise.
Company Chairman Leo Koelewyn said a Social Enterprise is a business that puts people and the environment first.
“Certification with Social Traders was an important step for us to gain recognition as a social enterprise, connect with social enterprises across Australia, and access further opportunities to strengthen our community impact,” he said.
“The community banking sector is the perfect demonstration of what’s possible – taking the traditional banking model and turning it on its head to deliver community value. Since opening the community bank in 2012 Monbulk & District Community Enterprises Limited has strategically invested profits generated through their Community Bank partnership with Bendigo Bank back into the local community. Revenue generated by customers’ banking such as loans and deposits are reinvested back to the local community.”
At the event it was announced that Community Bank Monbulk & District has contributed over $1 million to the local community through grants, donations and sponsorships. Funding programs within the community, including supporting community wellbeing and mental health. A fantastic milestone which would not have been possible without the support of Community Bank Monbulk & District’s customers, shareholders, branch staff and volunteer board of directors.
Senior Branch Manager Aimee te Boekhorst said they are so excited to have reached over $1 million in community contributions.
“We are focused on supporting programs and initiatives that serve those in the community that need it most and supporting grassroots initiatives which foster meaningful change at a local level,” she said.
“We are creating a purposeful impact on our community and helping our town to thrive.”
If you would like to bank locally and support your community at the same time, contact Community Bank Monbulk & District on 9752 1130 or drop in and see us at 70 Main Road Monbulk.
