As you would be aware the Korumburra Business Association & Korumburra Round Table are working hard to save the Bendigo Bank from closing on May 14.
Yesterday we received notification and the same information has been circulated in the community by the Bendigo Bank via a media release, that the Bank would not be closing on May 14 while they are willing to investigate options for an ongoing physical presence in Korumburra.
This statement is misleading!
Since that message was released, the state manager, Justine Minne, informed us over the phone that the branch in its present form will be closing in 3 months, even if the community gets behind it and switches their accounts over. What is on offer is some other kind of “physical presence” in the town. At this stage we do not know what form that will take until we have further meetings with bank management next week.
We suggest that you hold off transferring any banking to Bendigo until we get clarity, as we don’t want our business community and the general community transferring their banking, only to find that they still leave us with inadequate banking services in 3 months time.
We will keep you informed as discussion progresses.
Korumburra Business Association