The Romsey and Lancefield communities gathered earlier this month to celebrate recipients of the 2023 Community Bank Lancefield and Romsey Community Investment Program.
An investment of $483,070 for 2023-24 was unveiled, marking a significant commitment to the growth and development of Romsey, Lancefield, and surrounding areas.
The investment comprises $362,870 in grants to 27 community groups and not-for-profit organisations; $18,000 in donations directed to support nine emergency services groups; $42,000 in sponsorships fostering community sport, initiatives and events; $52,200 in scholarships for 2024 comprising both tertiary scholarships and leadership programs; and $8000 through Small Change Grants, accessible via the two branches at $500 each.
With this year’s announcements and over the past 22 years of operations, Community Bank Lancefield and Romsey has contributed more than $3 million to various community projects, events, and activities.
Chair of the company operating the bank branches of Lancefield and Romsey, Suzie Ewart, said the local community was the heartbeat of the investment.
“Their commitment to better banking has made stories like these a reality in our community,” she said.
“It’s their trust and engagement with our unique community bank model that empowers us to channel our profits back into our community in such transformative ways.
“Our pledge to share profits with the community, unique to our community bank model, reflects the spirit of giving back to Lancefield, Romsey, and our surrounding communities.”
The contributions of the Romsey and Lancefield community-owned branches of Bendigo Bank have been put to use at locations including the Romsey Ecotherapy Park water play space, the area’s L2P learner driver car, the electronic scoreboards at Romsey and Lancefield parks and the Foodshare and ShareRide initiatives driven by the towns’ neighbourhood houses.
“The funds generated by local residents and companies directly fund projects and groups, championing local growth,” Ms Ewart said.
“Our commitment goes beyond banking. It’s about enriching lives in Romsey and Lancefield, ensuring our bank remains a cornerstone of prosperity.”
The next grants program will open in March, 2024. People can email cip@lrcfsl.com.au if they would like to be on the list to be notified when future grant programs open.
