Bendigo Bank gives com­mu­nity a bonus

Port Douglas & Mossman Gazette - - NEWS - AN­GELIQUE PAT­TER­SON

A BANK­ING ini­tia­tive is giv­ing lo­cal com­mu­nity groups much needed fund­ing.

When deal­ing with de­posits, lend­ing and in­sur­ance at ei­ther the Moss­man or Port Dou­glas Bendigo Bank branch, peo­ple can nom­i­nate a lo­cal group to sup­port.

Re­gional man­ager David Pol­lock said the bank’s trail­ing income (in­ter­est gained) from the trans­ac­tions is given to the Cairns Com­mu­nity En­ter­prise board, which passes it on to the or­gan­i­sa­tions.

“If you’re a not for profit group, the more you push Bendigo Bank to peo­ple, the more bank­ing we get, the more money we give up,” Mr Pol­lock said.

“The money comes from our prof­its, not cus­tomers, the bank is giv­ing up some of their prof­its to sup­port an­other way for cus­tomers to sup­port groups – it’s a good feel­ing to have.

“It works out to be 0.12 per cent of trail­ing income, so if some­one brings in $150,000 that will be $180 per an­num.”

The bank writes cheques quar­terly if the money raised has gone over $200, and this quar­ter the Dou­glas Shire Com­mu­nity Ser­vices As­so­ci­a­tion re­ceived the high­est cheque at $897.82.

“What a sur­prise,” Vivienne Ruf­fles, co­or­di­na­tor of respite and fam­ily sup­port at DSCSA said.

“We were not an­tic­i­pat­ing this amount, we thought we would be re­ceiv­ing $100 and thought that would be nice.

The DSCSA will put the money to­wards buy­ing a soft­ware pro­gram which will help man­age ap­ply­ing for fur­ther fund­ing.

“The money will go to­wards pur­chas­ing Pro­jeX – a qual­ity man­age­ment sys­tem sup­port­ing our or­gan­i­sa­tion to be able to ap­ply for state and com­mon­wealth fund­ing,” Ms Ruf­fles said. “All the big guns al­ready have this stuff but this money will al­lows us to pur­chase it as well.”

This quar­ter 14 not for profit or­gan­i­sa­tions in the Dou­glas re­gion re­ceived fund­ing up to $5000 gen­er­ated over the last three months.

Cheque re­cip­i­ents in­clude the Moss­man branches of Meals on Wheel, Ro­tary, Lawn Bowls Club, Je­ho­vah’s Wit­nesses and the Dain­tree State School, Miallo State School, Moss­man Shar­kettes, Moss­man Ju­nior Sharks, Ba­manga Bubu Ngadimunku, K.I.N.D, Mt Mol­loy State School, Paws and Claws and the Port Dou­glas Neigh­bour­hood cen­tre.

What a bonus: Vivienne Ruf­fles of Dou­glas Shire Com­mu­nity Ser­vices As­so­ci­a­tion re­ceives the cheque from Bendigo Bank

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