OUR town has given a gift to Nagambie, with the Heathcote Community Bank recently launching a full bank branch in the town.
Wholly owned by the Heathcote & District Community Bank, the new Nagambie branch has only been possible through the financial support of our local bank.
The branch will provide a new option for the Nagambie community, which has only had one bank to date.
Over time, the branch is expected to become a strong performer in its own right and be able to provide grants and sponsorships to the local community from its own profits.
‘‘Nagambie has a similar demographic to Kyabram, with real growth potential in tourism, the wine industry and the food industry,’’ Heathcote & District Community Bank chair Stephen Trompp said.
‘‘Heathcote has decided to give this branch as a gift, offering the town short-term assistance to eventually see a long-term benefit.’’
A significant feature of the new bank is an innovative Community Office.
This offers a space for local community groups to use computers, printers, software and other resources provided free of charge by the bank to help them in their community work.
‘‘So far we haven’t had a day where community groups haven’t used the office,’’ Mr Trompp said.
‘‘It has been gratefully received, as it offers a fantastic professional space.
‘‘We’re very aware of volunteer burn-outs, so we want to help where we can.’’
The Heathcote & District Community Bank branch of the Bendigo Bank has been operating successfully for over 10 years, not only providing full banking services to the town and district but also supporting local causes with close to $1 million in grants and sponsorships.
The most significant recent support was $160,000 for the redevelopment of the Barrack Reserve pavilion.