The Lara District Community Bank is a locally owned and operated branch of the Bendigo and Adelaide Bank. The profits generated by the bank are distributed at the discretion of the company back into the community through grants and sponsorship.
The Lara District Community Bank returns a percentage of its profits back into the community, this is made possible by the retention and growth of the number of customers who bank with us. An increase of the accounts that each individual holds with us means an increase in the profits generated back into the community.
The Lara District Community Bank was established to provide banking and financial service in the Lara and District region, to deliver employment opportunities and to keep local capital in the community. To be a local investment option for shareholders and to provide a source of revenue to reinvest in the community.
The shareholders of the Community Bank are everyday residents of the Lara and District community, and anyone is welcome to invest and join this venture.
The Lara District Community Enterprise Board of Directors assess each application and determine which community organisation to allocate the funds to.
The Lara District Community Bank offer many services and financial solutions the deeper the customer relationship and increase of accounts per individual means an increase in profits being generated and returned to the community. It's as simple as bringing the following business over to our branch:
- Your everyday accounts and investments
- Home Loans and Personal Loans
- Credit Cards
- Business Banking (merchant facilities and transaction accounts)
- Insurance products