Grants totalling $99,993.80 have been awarded to seven regional organisations by the Bendigo Community Bank Boorowa.
Successful grant applications were announced at a special presentation function for the Bank on Thursday, November 2, at the Boorowa Ex-services Club.
"Its always exciting to be able to put money back into the community " Bank Chair, Sue Corcoran, said.
"When we started the Bank 23 years ago the whole aim was to provide community banking services that would put money back into our local community.
"This year is a perfect example of what can be done when people bank with us, and the more people who do bank with us, the more we can give back to the community.
"It was a strong field of applications and the selection process was very competitive. Unfortunately, not everyone could meet the criteria for our grants, where they must demonstrate the funds will be used for a charitable purpose.
"This year there has been a very good geographic spread across a range of projects we have funded, all of which are very worthy." She said.
Recipients are Carinya Court Inc, Yass Early Childhood Centre, Rye Park Soldiers Memorial Hall, Boorowa Hostel Inc, Yass Public School P and C, Yass Valley Men's Shed Inc and the Binalong Progress Association.
The Bank has now awarded $1,374,035 in grant funds since the program opened in 2008.
Branch Manager, Greg Pryor, in his annual report said the Bank in the past 22 years has returned over $3 million to the community through grants, dividends, donations and sponsorships.
His report also stated as at June 20, 2023, business activities of the Bank had reached a new peak with $168.4 million in business levels, while account numbers now exceed 4,681.
In her annual report in June, Mrs Corcoran, announced, "a very pleasing profit of $633,000 (before tax).
"In our 22nd year of trading, we are still growing our business and giving back to our community. We have a great Board, staff, shareholders and community. I look forward to future success in banking and the rewards it brings to our community."
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