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Our community banks

By 30 June 2017 No Comments

Our local community banks – over $400,000 back to the community!!

The Bega and Pambula Branches of the Bendigo Bank have announced that since 2008 when Pambula branch was opened, over $400,000 has been invested back into the local community via sponsorship.  Cricket clubs, football clubs (all codes), tennis clubs, nursing homes, community radio stations, public schools, surf clubs, historical societies, men’s sheds and emergency service organisations are just some of the many organisations that have benefited. The largest contribution has been $65,000 to the Community Carers project at the new South East Regional Hospital.

These Community bank branches are owned and operated by locals, with close to 80% of profits being returned to the community. The first ‘franchise’, Pambula, began in 2008 (established to return banking services to the town) and in 2014 was named as the top Bendigo community bank in NSW. Within one year of commencing in late 2015 the Bega community bank then emulated the feat of its Pambula sister. This is a real tribute to the local community as much as to the bank staff and its directors, because a community bank only does well if it is patronised by locals, individuals as well as businesses.

The two franchises are owned by a company that was established by locals horrified at the prospect of the big banks deserting the community. Current directors are Wayne Matthews, Darryl Watts, Russell Fitzpatrick, Colin Dunn, Jenny Symons, Jan Southcott, Lyndon Lewis, Garry Hetherington and Gordon Matthews. No director receives any remuneration and each has a commitment to retaining good financial services in our community and to supporting great causes.

And once again the Pambula and Bega Community Banks have stepped up to support a great local cause: The Twyford Theatre By The Sea project. The aim of this project is to build a performing arts theatre in the heart of Merimbula next door to Twyford Hall. As part of that campaign, a series of professional theatre productions are coming to Twyford Hall to give the Bega Valley Shire a taste of the standard of entertainment the new complex will be able to host. These shows have been generously sponsored by The Bendigo Bank Bega and Pambula District Branches and are proudly supported by Merimbula News Weekly.

The first production in the series will be Always… Patsy Cline, the story of country music legend Patsy Cline told through her music and through her relationship with a long time fan. This show has toured extensively around Australia, getting rave reviews everywhere for the heartfelt and moving story, and of course the recreation of great songs like “Crazy”,  “I Fall To Pieces”, ”After Midnight” and lots more. Patsy Cline is played by multi awarded Aussie country singer Courtney Conway.

These shows will be held over two nights, June 27th and 28th 2017 at Twyford Hall. Tickets are just $42 and available at or at Merimbula Newsagency.