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Encyclopedia > Bendigo Bank
Bendigo Bank Limited
Image:Bendigo bank.png
Type Public (ASX: BEN)
Founded 1858
Headquarters Flag of Australia Bendigo, Australia
Industry Finance
Products Checking accounts
Consumer finance
Website www.bendigobank.com.au
Community Branch at Braidwood, New South Wales
Community Branch at Braidwood, New South Wales

Bendigo Bank (ASX: BEN) operates some 300 branches, primarily in Victoria and Queensland. This includes 150+ Community Bank branches. Image File history File links No higher resolution available. ... The Australian Stock Exchange (ASX) is the primary stock exchange in Australia. ... 1858 (MDCCCLVIII) is a common year starting on Friday of the Gregorian calendar (or a common year starting on Sunday of the 12-day-slower Julian calendar). ... Image File history File links Flag_of_Australia. ... Bendigo is a large regional town in central Victoria, Australia, located in the City of Greater Bendigo. ... Finance studies and addresses the ways in which individuals, businesses, and organizations raise, allocate, and use monetary resources over time, taking into account the risks entailed in their projects. ... Includes demand deposits, ATS, NOW, and other checkable deposits. ... Consumer finance in the most basic sense of the word refers to any kind of lending to consumers. ... A website (or Web site) is a collection of web pages, images, videos and other digital assets and hosted on a particular domain or subdomain on the World Wide Web. ... Image File history File links Download high resolution version (2048x1536, 575 KB) Bendigo Bank Community branch in Braidwood, New South Wales, Australia File links The following pages link to this file: Bendigo Bank User:AYArktos/images ... Image File history File links Download high resolution version (2048x1536, 575 KB) Bendigo Bank Community branch in Braidwood, New South Wales, Australia File links The following pages link to this file: Bendigo Bank User:AYArktos/images ... Braidwood Courthouse built 1901 Braidwood (postcode: 2622, ) is a town in the Southern Tablelands of New South Wales, Australia, in Palerang Shire. ... The Australian Stock Exchange (ASX) is the primary stock exchange in Australia. ... Capital Melbourne Government Const. ... Capital Brisbane Government Constitutional monarchy Governor Quentin Bryce Premier Peter Beattie (ALP) Federal representation  - House seats 28  - Senate seats 12 Gross State Product (2004-05)  - Product ($m)  $158,506 (3rd)  - Product per capita  $40,170/person (6th) Population (End of September 2006)  - Population  4,070,400 (3rd)  - Density  2. ...


The bank's national headquarters are in the city of Bendigo, with regional headquarters based in Melbourne Docklands. Bendigo is a large regional town in central Victoria, Australia, located in the City of Greater Bendigo. ... The Melbourne Docklands is a new inner city suburb and Urban renewal project in Melbourne, Australia. ...


"Community Bank" is an innovative franchise program in which the local community owns and operates a Bendigo Bank branch (which is separately incorporated), and Bendigo Bank provides all the banking infrastructure and support. The community company and Bendigo Bank share all branch revenue with whatever is left over after the company pays its branch running costs remaining as profit. The program was a response to a massive closure of bank branches in rural areas. Bendigo Bank has since extended the program to areas that have bank service.


History

  • 1858: Company started as a fixed-term (terminating) building society to improve conditions in the Bendigo goldfields.
  • 1865: The company restructured and assumed the name Bendigo Mutual Permanent Land and Building Society.
  • 1876: The Bendigo Building Society (BBS) incorporated in Victoria.
  • 1978: BBS merged with Bendigo and Eaglehawk Star (est. 1901), a building society.
  • 1983: BBS acquired Sandhurst, a building society.
  • 1985: BBS acquired Sunraysia, a building society.
  • 1992: BBS merges with Sandhurst Trustees Limited.
  • 1992: BBS acquired two building societies, Capital and Compass.
  • 1993: BBS received a stockmarket listing.
  • 1995: BBS acquired National Mortgage Market Corporation Limited. NMMC is a mortgage manager focussed on Loan Introducers and Brokers.
  • 1995: BBS converted to a bank with the name Bendigo Bank.
  • 1995: Bendigo Bank acquired Monte Paschi Australia, which it renamed Cassa Commerciale Australia in 1997.
  • Late 1990s: Bendigo Bank and Elders Australia formed Elders Rural Bank, a joint venture company to focus on agribusiness and rural Australia. The bank received its operating license in 2000.
  • 1998: Bendigo Bank initiated the "Community Bank" program.
  • 1999: Bendigo Bank and IOOF announce alliance and mutual shareholding.
  • 2000: Bendigo Bank acquired First Australian Building Society in Queensland.
  • 2005: Bendigo Bank begins construction of $75 million head office expansion in Bendigo and opens purpose built premises on Harbour Esplanade in Melbourne Docklands for regional headquarters
  • 2007: Bendigo Bank rejects merger/takeover proposal from Bank of Queensland.[1]

For the English bare-knuckle fighter,Abednego,Bendigo, see William Thompson (boxer). ... IOOF is an Australian financial services company specialising in investment and superannuation management. ... First Australian Building Society was a building society that operated in Queensland between 1997 and 2000. ... Bank of Queensland, one of the Australian state of Queenslands oldest financial institutions, is a full-service retail bank with a growing network of 135 branches throughout rural, regional and metropolitan Queensland. ...

External links

  • Bendigo Bank - Official site
  • Elders Rural Bank - Official site
  • Community Bank - Official site
  • National Mortgage Market Corporation - Official site
  • Bendigo Credit Cards

  Results from FactBites:
 
Bendigo Bank approach arouses interest - Breaking News - Business - Breaking News (429 words)
Bendigo Bank Ltd's unique style of community banking has sparked interest from around the world with other banks and communities keen to replicate the model.
Bendigo Bank's template allows for local people to own and operate a Community Bank branch by investing around $500,000 to establish a company with Bendigo providing the infrastructure and support.
Bendigo Bank chief executive Rob Hunt admitted there were a lot of sceptics early in the life of the Community Bank but said the model has proven it has the ability to generate revenue and involvement at the community level.
Bendigo, Victoria - Wikipedia, the free encyclopedia (859 words)
Bendigo grew as a result of gold mining in the mid to late 19th century.
BRIT (Bendigo Regional Institute of Tertiary and Further Education) and the Bendigo campus of La Trobe University are large and growing educational institutions.
Bendigo Bank is Bendigo-based (perhaps based on the wealth accumulated in the early 20th century) is now a large "second-tier" bank with branches throughout Victoria, Tasmania and elsewhere including NSW.
  More results at FactBites »


 
 

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