Covering the Goulburn and Murray valleys

Kyabram residents push for bank

Families within Kyabram are pushing for a community bank within the town

February 19, 2014 4:45am

Community Bank steering committee chair Vince Curtis is keen to hear from more community minded people like Fraser and Marg Williams, Renee Davies and son Eli, 1, and Amanda Bennett.

People of all ages and from all walks of life are getting behind the push to get a community bank up and running in Kyabram.

Renee and Grant Davies, who have four children aged under 11, were looking for somewhere locally to begin investing money.

‘‘We were both raised here, and try and keep everything we do local, and we were looking for something to invest in locally and we thought this would be a good place to start,’’ Renee said.

‘‘We thought that since all the money stays here and there are a lot of Kyabram people investing in it that we felt comfortable investing in it as well.’’

They said the added bonus of supporting Kyabram’s efforts to establish a branch of the Bendigo Community Bank was their children would benefit in the long run if money went back into community projects of clubs.

Fraser and Marg Williams were looking for somewhere to keep safe their returns from failed Banksia Financial Group.

The retirees were inspired to support the community bank after witnessing the good work of the Tongala CERT team that came to the rescue of a person near them last year.

‘‘We were at Tongala and we saw the local ambulance come by and it’s supported by Bendigo Bank, I thought this was a good thing,’’ Fraser said.

Mrs Williams said she thought the big banks were doing well enough and were not putting anything back into country life.

‘‘As I see it the money goes back into the community and Banksia were well known for their sponsorship of local clubs and if Bendigo Bank is going to help us out then that’s a good thing for the town,’’ she said.

Read more in the print edition of the Kyabram Free Press.

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