Regional Australia Bank continues revolutionary Community Partnership Program
Announcement posted by Regional Australia Bank 04 Oct 2016
Giving back over $48,000 to Inverell, Bundarra and Ashford communities
On Thursday, 29 September 2016, Regional Australia Bank reaffirmed its commitment to support the Inverell, Bundarra and Ashford communities by giving back $48,322.76 through its Community Partnership Program.
After recently changing its name from New England Mutual to Regional Australia Bank, the transition was celebrated along with the donations.
“The Community Partnership Program awards event presented a great opportunity to also celebrate the launch of our new brand, as the program reinforces just some of the ways we assist our customers and their communities.” said Kevin Dupé, CEO, Regional Australia Bank.
“The Program continues to grow at over 30% each year as more and more people get on board.”
The last 5 years has seen the Bank contribute over $1.5 million dollars to deserving community groups and it’s not stopping there.
At The Inverell Club Regional Australia Bank awarded $48,322.76 to the Inverell, Bundarra and Ashford communities. Inverell Breast Cancer Support Group; Ashford Ageing Care Facility; Bundarra CWA; Inverell Prostate Cancer Support Group; Inverell East Bowling Club; and Bright Access, were just a few of the 83 groups to receive a donation.
Alex Ribeiro, Branch Manager at Regional Australia Bank said: “we are passionate about giving back to our community and we are equally committed to empowering our customers to support local community groups they feel strongly about. That’s why we established the Community Partnership Program eight years ago.”
The program that started out as one single account, has now been made available to all customers so that everyone can take part in what the Bank believes is a ‘revolution in community banking’.
The Community Partnership Program works by customers opening a transaction account and selecting which group they would like to support. Regional Australia Bank then calculates the average annual balance of all supporter’s accounts and donates 1% of the total to the cause on the customers’ behalf, all without costing them a cent.
“Because this program is an extension of our Community Support Program it comes at no cost to our customers and it authenticates our promise to operate in the best interests of our customers and communities,” explained Kevin
“This customer owned structure means our customers not only benefit from fairer fees, competitive interest rates and the expertise from local specialists, they know they’re benefiting Regional Australia by helping it to prosper and thrive,” he said.
In addition to the Community Partnership Program, Regional Australia Bank also gives 5% of its net profits back to our community in sponsorships to local clubs, community organisations as well as contributing to regional infrastructure projects.
“We’re immensely proud of our contribution to our community,” said Alex.
“After all, it’s the opportunity to make a difference, to build communities and to create better places to live that drives so many of us – so it’s fitting that our customers, who are also members of our communities, lead the way in initiatives like this one” he added.
Regional Australia Bank is pleased to be able to continue the Community Support Program so that it can also continue to deliver social and environmental returns to regional communities at every opportunity.
- Ends -
Contact: Sara Crowe, C7EVEN Communications, 02 6766 4513 / 0438 197 559
Editor’s Note:
Similar events have already been held in the following surrounding towns:
It is requested that Regional Australia Bank is not shortened to an acronym and always referred to in full as Regional Australia Bank.
After recently changing its name from New England Mutual to Regional Australia Bank, the transition was celebrated along with the donations.
“The Community Partnership Program awards event presented a great opportunity to also celebrate the launch of our new brand, as the program reinforces just some of the ways we assist our customers and their communities.” said Kevin Dupé, CEO, Regional Australia Bank.
“The Program continues to grow at over 30% each year as more and more people get on board.”
The last 5 years has seen the Bank contribute over $1.5 million dollars to deserving community groups and it’s not stopping there.
At The Inverell Club Regional Australia Bank awarded $48,322.76 to the Inverell, Bundarra and Ashford communities. Inverell Breast Cancer Support Group; Ashford Ageing Care Facility; Bundarra CWA; Inverell Prostate Cancer Support Group; Inverell East Bowling Club; and Bright Access, were just a few of the 83 groups to receive a donation.
Alex Ribeiro, Branch Manager at Regional Australia Bank said: “we are passionate about giving back to our community and we are equally committed to empowering our customers to support local community groups they feel strongly about. That’s why we established the Community Partnership Program eight years ago.”
The program that started out as one single account, has now been made available to all customers so that everyone can take part in what the Bank believes is a ‘revolution in community banking’.
The Community Partnership Program works by customers opening a transaction account and selecting which group they would like to support. Regional Australia Bank then calculates the average annual balance of all supporter’s accounts and donates 1% of the total to the cause on the customers’ behalf, all without costing them a cent.
“Because this program is an extension of our Community Support Program it comes at no cost to our customers and it authenticates our promise to operate in the best interests of our customers and communities,” explained Kevin
“This customer owned structure means our customers not only benefit from fairer fees, competitive interest rates and the expertise from local specialists, they know they’re benefiting Regional Australia by helping it to prosper and thrive,” he said.
In addition to the Community Partnership Program, Regional Australia Bank also gives 5% of its net profits back to our community in sponsorships to local clubs, community organisations as well as contributing to regional infrastructure projects.
“We’re immensely proud of our contribution to our community,” said Alex.
“After all, it’s the opportunity to make a difference, to build communities and to create better places to live that drives so many of us – so it’s fitting that our customers, who are also members of our communities, lead the way in initiatives like this one” he added.
Regional Australia Bank is pleased to be able to continue the Community Support Program so that it can also continue to deliver social and environmental returns to regional communities at every opportunity.
- Ends -
Contact: Sara Crowe, C7EVEN Communications, 02 6766 4513 / 0438 197 559
Editor’s Note:
Similar events have already been held in the following surrounding towns:
- Thursday, 1 September in Guyra with $15,340.86 donated to 26 local community groups
- Wednesday, 7 September in Walcha with $8,263.76 donated to 22 local community groups
- Wednesday, 7 September in Tenterfield with $19,517.80 donated to 13 local community groups
- Thursday, 8 September in Armidale with $76,662.77 donated to 96 local community groups
- Thursday, 15 September in Uralla with $12,703.75 donated to 13 local community groups
- Wednesday, 21 September in Glen Innes with $33,919.40 donated to 30 local community groups
It is requested that Regional Australia Bank is not shortened to an acronym and always referred to in full as Regional Australia Bank.