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  • AccessSkillsTraining | Location details: 22 McLaren St, Bendigo VIC 3550, Australia | Classification: Educational consultant, Educational consultant | Visit Online: aag.org.au | Contact Number (Helpline): +61 3 5445 9880
 courses in Bendigo
Its purpose is to act as an important catalyst for strengthening and empowering local communities. In locating the Community Bank Bendigo and Adelaide Bank subsidiaries, it has applied a unique set of investment criteria taking into account community initiative, self-organization, interest L in collective progress and a desire to give community support, assessment of sustainability and potential for growth A subsidiary has its own funds and its own company. The bank's unique community banking model is, in its own words, "good for business, good for society. Case Study Shared Value Project - Community Banking Model Page 3 Bendigo and Adelaide Strategy The community banking model developed by Bank is an alternative approach to providing financial services to smaller rural and urban communities, but for what was created How it works? Community Banking Form allows the community to establish a community owned company that will operate the Bank Retail Bendigo and Adelaide Branch. The Bank of Bendigo and Adelaide originated in the Bendigo Goldfields in 1858, before the establishment of the Bendigo Land and Building Society which mainly financed miners' houses. In 1998, Bendigo and Adelaide Bank created the unique Community Bank branch model, with Bank Bendigo, Adelaide and the Community Company created specifically to operate a joint branch. ’ Shared Value Project Case Study – The Community Bank Model page Social outcomes: • Over 860,000 customers in more than 320 community-led branches across Australia (20 percent of which are in areas without any other form of banking). Each branch operates as a franchise of Bendigo and Adelaide Bank, using the name “Bendigo Bank” and the system of operations of Bendigo and Adelaide Bank. ‘Shared Value has enabled the bank to very quickly communicate what the Community Bank model is, and to provide a context to the approach that the bank takes to its business more generally. • Over 1,590 branch staff employed with over 1,950 volunteer Directors of local community companies • Reinvested $229 million in Australian communities since 1998, including more than $2 million in 18/19 which through leveraged funding more than doubled, bringing the total value of community projects to almost $58 million • Almost $58 million has been paid in dividends to more than 75,000 local shareholders.

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