The Lancefield and Romsey community is celebrating an investment of $296,837 in 2022-23 sponsorships and grants.
Community Bank Lancefield Romsey announced the funds at a special event in Lancefield last month.
The funding included $211,087 in grants to 16 local community groups and not-for-profit organisations, $16,500 in continued investment in the local ShareRide vehicle, and $12,000 in donations to eight local emergency services groups.
There was also $19,750 in sponsorships and $37,500 in scholarships for 2023.
Over the past 21 years of Community Bank operations in Lancefield and Romsey, the Community Investment Program has allocated more than $2.5 million dollars to community projects, events and activities.
Suzie Ewart, chair of the company that operates the Community Bank branches of Lancefield and Romsey, was pleased to see the funds going back into the community.
“This distribution of money demonstrates exactly what our community bank is all about,” she said.
“It’s because of our customers – our local community and businesses that bank with us – and our unique Community Bank model, that we’re able to invest our profits in this way, back into Lancefield, Romsey and the surrounding communities.
“Our Romsey and Lancefield community-owned branches of Bendigo Bank were established to serve our towns, both by ensuring we always had local banking services and by our pledge to share the profits and proceeds generated with our communities.”
Ms Ewart said this year’s Community Investment Program demonstrates continued commitment to uphold the bank pledge, with the banking business generated by local residents and companies being used to make a direct contribution to funding worthwhile projects and groups.
“By supporting their local Community Bank, they are also proudly supporting the groups receiving these grants and sponsorships,” she said.
“Our bank disperses its profits in a truly remarkable way to enhance our lives here in Romsey and Lancefield.”
Community Bank Lancefield and Romsey’s Community Investment Program is conducted in partnership with the Bendigo and Adelaide Bank’s philanthropic arm, the Community Enterprise Foundation, and their next grants program for events will open in March 2023.
Email: cip@lrcfsl.com.au if you would like to be on the list to be notified when future grant programs open.
