Boorowa Community Bank reaches 20-year milestone

Here to help: (Back row) Brianee Liddle, Darren Manton, Julie Dunn, Adele Piper. (Front row) Jennifer Dwyer and manager Greg Pryor.
Here to help: (Back row) Brianee Liddle, Darren Manton, Julie Dunn, Adele Piper. (Front row) Jennifer Dwyer and manager Greg Pryor.

For the past twenty years, Boorowa Community Bank has been proudly serving our community.

"It has been a fantastic effort over the last 20 years to get to over $150 million in business levels and returning over $2 million back to the community through dividends, grants, sponsorships and donations," said Greg Pryor, manager of Boorowa Community Bank.

"The support of the local community and the surrounding districts has been fantastic," said Greg.

"The commitment of the Board (ably led by Sue Corcoran for the past 20 years), staff and the partnership with Bendigo Bank has resulted in the great success of the Boorowa Community Bank.

"The bank opened on May 21, 2001, with 370 shareholders who contributed $387,000 to purchase shares to establish the bank.

"We now have more than 4400 accounts and generate a total business over $150 million, said Greg. "The punt the shareholders took 21 years ago has certainly paid off for all involved."

"The story of our bank has been the high point in the community's ongoing struggle to maintain services. It has strengthened our community and given us a great sense of achievement," said Chair of the Boorowa Community Bank, Sue Corcoran.

The bank was opened by well-known Australian entrepreneur Dick Smith on May 12, 2001, and the event was attended by a huge crowd.

An example of what Australia is all about, rolling up your sleeves and saying "let's do it"

Dick Smith

Dick Smith said at the time, the project was "an example of what Australia is all about, rolling up your sleeves and saying "let's do it"

"The opening of the local bank has seen a new spirit of optimism in the Boorowa community. There has been an influx of new residents, who have been responsible for something of a local housing boom, and there has been a new sense of confidence among business operators," said Bendigo Bank director Derrick Mason in October 2004.

Michelle Fahey joined the bank committee 15 years ago, following in her father's footsteps, Horrie Dunk, who was on the original steering committee.

"I enjoyed talking to my dad about the bank and thought it was a great way of getting involved in the community," said Michelle.

"The board that runs the bank has a diverse range of skills which come together to manage the bank in a way that best reflects the needs of the community."

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