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Community Bank in Sydney tops $100 million


17/03/2003

As Turramurra and San Souci launch their bids to become Sydney’s newest Community Banks, the popular banking movement has 100 million reasons to celebrate its first anniversary in Sydney.

Since the opening of the first Community Bank branch in Galston last March (eds: 21/3/02), the six branches open to date have written more than $100 million in banking business.

Five thousand Sydneysiders have accounts with their local Community Bank.

“It’s a great start – Galston might have been open for a year, but the other five branches have only been trading for between six and ten months,” said Bendigo Bank’s head of Community Banking, Russell Jenkins.

“Galston will top $30