Gerringong looks to clear final bank hurdle

Gerringong’s Community Banking Advisory Group

With all other obstacles now overcome, the only thing needed for the go ahead to be given for the setting up of a sub-branch of the Oak Flats Bendigo Bank Branch is a commitment of $5 million of new business on the books.

“$1.8 million of that has already been committed by people changing their home and business loans, credit cards and the like,” says the Community Banking Advisory Group’s Leanne Mitchell.

“Once we hit the target, the sub-branch should be open in the Town Hall in about three months.

“It’s taken longer than expected, but we are nearly there.”

The Group has organised an information night so businesses and members of the public can talk to them and senior representatives of the Bank and Council.

Details: Weds 17 July, Park Ridge Retreat, 5.30-7.30pm. RSVP to Numbers Count for catering purposes

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