Members of the KBA and KRT met today with representatives of the Bendigo Bank and the good news is that the option tabled for us to consider has many benefits for our local community.
What was proposed is an agency model in a host business that will meet local residents and local business needs for face to face banking, support local employment and reinvestment into the community through a sponsorship program.
There will be some reduction in branch open hours from next week that are in line with the transition to the new model. It won’t be quite the same, however we will still have face to face banking in the meantime as the branch moves to the agency model.
We’ve asked for Bendigo Bank representatives to attend a community meeting to provide details of what this new banking model will look like. We’re still working on details and as soon as further information is known, we’ll update the community.