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The Canowindra Phoenix

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

Home » Pledge Now to Secure Canowindra’s Future

Pledge Now to Secure Canowindra’s Future

14 February, 2018 By Canowindra Phoenix Editor

Locals are being urged to make their pledge now for the establishment of a community bank in Canowindra. If you take the time to look at a neighbouring example, Boorowa Community Bank, they are consistently giving back $100,000 each year to community groups and associations.

These groups are sometimes forgotten by Local, State and Federal Governments in their grants programs, so having a local Community Bank here in Canowindra would ensure that these groups benefit. The Bank will have a Board of locals who will be making the decisions where these allocations fall. There have been many questions about the pledges, and a lot of people who pledged back in 2014, think that they have still pledged. As this was over three years ago, those will have to make a new pledge.

You can do this by simply calling one of the committee members and confirming the amount, they are:
• Richard Statham 0429 443 215
• Michael Payten 0428 443 209
• David Harrison 0428 640 258
• Eugene Marais 0417 655 332
• Tom Beath 0411 140 252
• Deb Clarke 0474 159 981
• Bill Paul 0408 555 874
• Graham Rice 0427 090 587
• Geoff Yeo 0418 259 868

The pledge tally is slowly growing and if everybody who pledged in 2014 makes the same or a larger pledge we will be able to obtain our targets. A pledge is simply an indication of your support for the Bank and will be transferred into shares when the prospectus is issued later in the year. So make sure that you pick up a form or call one of the Committee Members to make your pledge now.

Filed Under: Articles, General Interest

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