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Upwey banks $100 mil.


21/08/2003

Upwey & District Community Bank® has topped $100 million in banking business - the first locally owned bank branch in Australia to reach the magical figure.

The milestone comes as Upwey begins plans for its fifth anniversary, on 17 October.

"We now have 100 million reasons to know that the combination of local ownership and great service is a winning one," said Upwey chairman Peter Marke.

"Who would have dreamed when we opened the doors back in 1998 that we would ever reach $100 million, let alone do it in under five years.

"Ours was only the third Community Bank® branch to open in Australia and at that stage the concept was untried and unproven.

"The success we have achieved in such a s