Following on from the survey which was conducted with local businesses and people from Canowindra and the surrounding areas, the feedback from AFS the independent contractors was that the majority of people in Canowindra would welcome a local bank. In particular local businesses supported the concept and the potential benefits to the broader community. They believe that having a local branch would bring money and activity to the town, and would give access to a local bank manager. Many others said that they know that Canowindra and district would benefit from having a local branch who would be in a position to contribute to local activities, events and organisations, some of whom regularly struggle for funding.
Many indicated that they would be happy to move their banking across when the bank branch opened.
The next step is for the Steering Committee to continue to evaluate with the assistance of Bendigo Bank what is the best model for Canowindra.
As we all know, banking is changing every day, and the way we do our banking is changing, so we need to ensure that we have the right model for our town.
This process will continue over the next month and hopefully by August the Committee will be in a position to set out very clearly the next steps for the local Community Bank.
Meanwhile, if you would like to open an account, find out about a home loan or a personal loan, then please call in and see the girls at the agency located in Gaskill Street, Canowindra at L J Hooker.
By Cheryl Newsom
Steering Committee Chairperson