Regional Australia Bank continues revolutionary Community Partnership Program giving back over $4,000 to Bingara community
Announcement posted by Regional Australia Bank 04 Oct 2016
Monday, 4 October 2016
Regional Australia Bank continues revolutionary Community Partnership Program, giving back over $4,000 to Bingara community
On Thursday, 29 September 2016, Regional Australia Bank reaffirmed its commitment to support the Bingara community by giving back $4,143.39 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 Bingara Sporting Club, Regional Australia Bank awarded $4,143.39 to the Bingara community. Friends of Touriandi; Bingara Pony Club; Gwydir Rugby Club; and United Hospital Auxiliaries - Bingara, were just a few of the 19 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:
Regional Australia Bank continues revolutionary Community Partnership Program, giving back over $4,000 to Bingara community
On Thursday, 29 September 2016, Regional Australia Bank reaffirmed its commitment to support the Bingara community by giving back $4,143.39 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 Bingara Sporting Club, Regional Australia Bank awarded $4,143.39 to the Bingara community. Friends of Touriandi; Bingara Pony Club; Gwydir Rugby Club; and United Hospital Auxiliaries - Bingara, were just a few of the 19 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:
- Friday, 16 September in Moree with $24,747.35 donated to 50 local community groups
- Friday, 16 September in Mungindi with $2,061.99 donated to 11 local community groups
- Tuesday, 11 October in Warialda with $3,231.12 to be donated to 18 local community groups