The Seddon Community Bank Branch of the Bendigo Bank was first opened in May 2009. Essentially it is a franchise of the Bendigo Bank as the Seddon branch is owned by 263 local individuals, businesses and clubs. The Branch is over seen by a Board of Directors who are all volunteers and proud locals.
Originally the reason for the Seddon Branch was a response to the major banks closing their branches in Seddon, Yarraville and West Footscray. There were local groups in all 3 areas looking to bring banking services back to their area and the Seddonites proved to be the best organised and after a hard campaign that lasted over 2 years they were rewarded with the Branch that exists today in Charles Street Seddon.
The Branch has contributed to the re-generation of the Seddon Village through providing banking and financial services. A local banking branch brings people into the area, provides employment, provides day to day banking and financial services and by doing so also assists in the security of local businesses through better cash management.
The Seddon Branch provides all that and more through being an active part of the local community. The Branch has marquees for use by local not for profit groups and the marquees have a great social life as they attend school art shows, fetes, sporting club events, festivals and are a fixture at the Carols at Yarraville Gardens. The Branch is also used by local groups to display posters of upcoming events and our Facebook page is a great source of events in the community.
The Seddon Branch rewards its shareholders with regular dividends while also running a sponsorship and grants program that are in effect like dividends for the community. The Branch is proud to have placed over $340,000 in sponsorships and grants back into our community and has committed to this program on an on going basis.
We all need banking and financial services. The Seddon Bendigo Bank offers a full range of competitive products and the staff provide excellent service levels. Talk with the staff about moving your banking to the branch and you will be assisting the local community in the process.