Having opened its doors on July 1, 2000, the Altona and Laverton Community Bank is marking 25 years of being more than just A financial institution, but a cornerstone of the local community.
Chairperson Henry Da Silva, recalled how what began as a response to the withdrawal of major banking services from Altona and Laverton, developed into a thriving, locally owned and managed community bank.
“As one of the founding directors in 1999, alongside Michael Pernar and a dedicated group of volunteers, I witnessed first-hand how community input shaped our mission,” said Mr Da Silva.
“Residents didn’t just want banking, they wanted a bank that reinvested its profits into the community we all cherish.”
Over the last quarter century that reinvestment into the local community has totalled more $6.8 million in the form of grants, donations, sponsorships and dividends.
This funding has underpinned local sporting and recreational groups, cultural and educational organisations, social welfare and vulnerable community support.
“These contributions have enabled local partners to deliver essential services that sustain both social and economic wellbeing,” said Mr Da Silva.
“Our success stems from organisations that truly embrace the meaning of ‘community’ and we remain fiercely committed to these values.”
The bank will be celebrate its silver jubilee with a free family festival at Cherry Lake Park in Altona on Sunday, October 12.
A children’s activity bus, egg and spoon races, craft, face painting, wizards and free sausage sizzle are among the attractions on offer at the festival which will run from 11am-3pm.
For more details contact: bdm@hobsonsbaycfs.com.au.
