• Home
  • Articles
    • Front Page
    • General Interest
    • Letters to the Editor
    • Snippets
  • Competitions
    • Do you know Canowindra’s Top Tradie
  • Our Community
    • Our People
    • Question of the Week
    • Be Seen
    • Jobs in The Central West
  • Special Interests
    • Rural Round Up
    • Health & Wellness
    • Loving Local Living
    • My Place
    • Real Estate
  • Sports
    • Bowls
    • Canowindra Junior Rugby League
    • Rugby League
    • Cricket
    • Footy Tipping Competition
    • Golf
    • Rugby Union
    • Swimming
    • Touch Football Results
    • Tennis
    • Other
  • Contact Us
    • Contact Us
    • Advertise with Us
    • Testimonials
    • Subscribe to the Phoenix
    • Submit an Article

The Canowindra Phoenix

Your free weekly guide to what's happening in and around Canowindra.

Home » Letter to the Editor

Letter to the Editor

31 January, 2018 By Canowindra Phoenix Editor

To the Editor,

The Canowindra Community Bank committee will be making a strong drive with publicity and street stalls during the next few weeks, encouraging residents to sign a pledge to invest in a new locally owned and locally managed bank. The bank will be franchised to this community by Bendigo Bank which is the fifth-largest bank in Australia. Many will remember that a similar attempt was made a few years ago but it failed to get up because the Canowindra and district community was too slow to make sufficient pledges by numbers of applicants and total dollar value.

It is understood that total pledges of $800,000 will induce Bendigo Bank to proceed with the project. Those funds will be the working capital of the new local bank, to be used to establish the shop-front, banking systems and infrastructure and to employ a manager and staff during the start-up period.

To date, a total of roughly $300,000 has been made in pledges by about 80 people. Bendigo Bank considers it very important that the number of people making pledges of whatever amount is maximised, as well of course of achieving the target of $800,000.

So if this new locally owned and operated bank is to become a reality, two things are needed:

(a) More people to make a pledge, forms for which are available at The Canowindra Phoenix, CKC Accountants or Bill Paul’s Carpet Shop.

(b) People who have already pledged might consider increasing their pledge to maximise the chance of the bank being established.

It is widely acknowledged that Canowindra needs a bank open five days per week, especially now that NAB has departed. Strong community support and commitment needs to be made immediately before Bendigo Bank withdraws their offer to support the establishment of a community bank here.

Richard Statham

Filed Under: Letters to the Editor

More News

Bulky Waste Clean Up Time

30 June, 2022 By Canowindra Phoenix Editor

The Cabonne bulky waste clean-up returns this August for Cabonne residents. This service is … [Read More...]

Omega Ensemble Winter Tour

30 June, 2022 By Canowindra Phoenix Editor

One of Australia’s most dynamic chamber music groups – Omega Ensemble – will headline independent … [Read More...]

Canowindra Debutantes

30 June, 2022 By Canowindra Phoenix Editor

Congratulations to the students from Canowindra High School in Year 11 and 12 who participated in … [Read More...]

More articles in this section

  • 12 Hours Of Dancing A Resounding Success
  • Local News In Your Pocket
  • Why Not Go Dry This July?

More Food & Wine

ANZAC Treat

23 April, 2020 By Canowindra Phoenix Editor

Caramel ANZAC Slice SLICE • 2 Cups Plain Flour • 2 Cups Brown Sugar • 2 Cups Rolled Oats • 1 … [Read More...]

Enjoy a Cold Christmas Pudding!

16 December, 2015 By Canowindra Phoenix Editor

Ingredients 2.25 litre vanilla ice cream 2 x 125 punnets of pistachio kernels 1 teaspoon … [Read More...]

The Bite…Coffee Culture

8 July, 2015 By Canowindra Phoenix Editor

It is a fair generalisation that Australians are culturally obsessed with their coffee. Across the … [Read More...]

More articles in this section

  • The Bite…Winter Warmers
  • In The Vines…Philip Shaw’s New Cellar Door
  • The Bite…Orange Cafe Culture

More Sport

Men’s Golf

30 June, 2022 By Canowindra Phoenix Editor

On Saturday 25th June the Canowindra Golf Club held the annual 27 Hole Mixed Foursomes Championship. The winners were Eileen Wilson and Doug Flannery with a gross score of 127. The nett winners were Helen and Karl Kemper with a score of 118.5. On Sunday 26th June an 18 Hole Stroke event was played. The […]

Latest Print Edition

Click here to download the recent issue (689) of The Canowindra Phoenix (2.6mb PDF) 30th June 2022

AWARDED 2018 BEST BUSINESS IN CABONNE

Stay Connected

The Canowindra Phoenix would like to thank you, our Facebook friends, for your continued support and readership!

likeusonfacebook

Canowindra Booklet

Click here to download the 2018 Canowindra Booklet – Explore “The Place You Call Home” Like a Local

Central West Rural Round Up Booklet

Click here to download the Central West Rural Round Up Booklet

Search the Phoenix

Recent Articles

  • Women’s Bowls 30 June, 2022
  • Men’s Golf 30 June, 2022
  • Letters 30 June, 2022

Contact the Phoenix

Street Address: 84 Gaskill Street Canowindra NSW 2804
Postal Address: PO Box 203 Canowindra NSW 2804
Phone: (02) 6344 1846

Editorial Phone – 6344 1846
editor@canowindraphoenix.com.au

Sales Phone – 0498 202 025
sales@canowindraphoenix.com.au

View our Privacy Policy.
View our Conflict Resolution Process.
View our Ethics and Complaints Policy.
Want to advertise with us?
Information on our Community Promotions.

 

 

 

 

 

Submit an Article

We are always looking for new articles of interest to the local community.

Please feel free to submit an article for possible inclusion in a future issue.

To submit an article, click here to use our online article submission form.

Receive The Phoenix via Email

* indicates required

Copyright © 2022 · Website setup and support: CompleteWPCare