Community Bank Monbulk & District operates on a profit for purpose model, which means revenue generated by customers banking such as loans and deposits are reinvested back to the local community. This keeps money here in the local area via programs such as sponsorship and grants.
Monbulk & District Community Enterprises Limited, the owner of the franchise for Community Bank Monbulk & District has recently been certified as a Social Traders Social Enterprise. This will not create any changes for our customers, but formally recognises the good we do in the community. We are part of a group of businesses that exist to create a fairer and more sustainable world.
After returning nearly $1 million of profits back into the Monbulk & District community, we are so proud of this recognition and look forward
to supporting more community projects and initiatives for years to come.
Thanks to the support of our customers, shareholders, branch staff and volunteer company board we have been able to grow to be one of the biggest sources of community funding in Monbulk.
