Inverell groups benefit from Regional Australia Bank's Community Partnership Program

Inverell Refuge Centre receiving their donation from Regional Australia Bank.
Inverell Refuge Centre receiving their donation from Regional Australia Bank.

Regional Australia Bank’s Community Partnership Program is now in its ninth year – and with this year’s national donations reaching a staggering $840,000, the program continues to go from strength to strength.

At Inverell, Bundarra and Ashford’s recent Community Partnership presentations night, Regional Australia Bank awarded $61,998.59 to the local community – and Inverell Breast Cancer Support Group, Inverell Disability Services Inc, Inverell Prostate Cancer Support Group, Bundarra CWA and Ashford Ageing Care Facility - were just a few of the groups lucky enough to receive a donation.

Over the past few years, the bank has been able to contribute more than 1.5 million dollars to deserving community groups.

Inverell Art Society receive a donation from Regional Australia Bank.

Inverell Art Society receive a donation from Regional Australia Bank.

“We’re immensely proud of our ability to deliver these kinds of social and environmental returns to our regional communities,” Regional Australia Bank Inverell Branch Manager Alex Ribeiro explained.

Mr Ribeiro continued that “for a bank like ours, which is founded on the promise to operate in the best interests of our customers and communities, it’s entirely fitting that our customers are able to lead the way in initiatives like this, given that they’ll often be the ones benefitting from the positive impacts of this program.”

“The Community Partnership Program is just one of the ways in which we assist our customers and communities,” said Kevin Dupé, Regional Australia Bank CEO. 

“Regional Australia Bank is proud to continue delivering the Community Support Program in 2017, enabling it to continue enhancing the quality of life and a strong sense of community for the regions it serves.”

The bank’s goal for the Community Partnership Program is to reach $1M in donations to local communities in 2018 and invites regional Australians to get on board and choose to bank with them, so that they can take advantage of this initiative and enjoy both better value from their financial institution, and help create local communities that can fully prosper and thrive.

Under the program, new bank customers open a transaction account and select which group they would like to support.  Regional Australia Bank then calculates the average annual balance of all supporters’ accounts and donates 1% of the total to the cause on the customers’ behalf – all without costing them a cent. 

With more and more people getting on board, the Community Partnership Program has continued to grow at over 30% per year ­– and this year, the total amount has edged ever closer to the million dollar mark, with $840,000 of funds ready to donate to various local grass roots clubs and community groups.