Thursday, October 2, 2025

Issue:

Mackay and Whitsunday Life

What is a Community Bank? Locally Owned, Locally Invested

When you bank with Bendigo Community Bank Cannonvale–Proserpine, you’re doing more than managing your money, you’re helping build a stronger Whitsundays.

Community Banks offer the best of both worlds: the full range of modern banking products and services backed by the security of Bendigo Bank, Australia’s most trusted bank, combined with the personal service and local investment of a community-owned model. The key difference is that profits don’t just leave town. Instead, they’re reinvested directly into schools, clubs, events and initiatives, creating a cycle of support that benefits everyone.

The Cannonvale–Proserpine branch opened its doors in June 2012 and is one of more than 300 Bendigo Community Banks across Australia. Its establishment was made possible by local shareholders who raised $800,000 to bring a bank into the Whitsundays. Their efforts began in 2009, when a passionate group of residents formed a Steering Committee, ran public meetings, and rallied support through newsletters, supermarket stalls, and business visits.

“Our success is based on our profit-with-purpose model, which sees a percentage of profits invested back into the community,” says Community Bank Cannonvale–Proserpine Chair, Mark Henry. “We thank our shareholders for backing the Whitsundays and providing an essential banking service, and all the passionate local directors past and present for their hard work and dedication.”

Today, the branch is led by Manager Amanda Anderson and offers the full suite of personal, business and wealth services. Customers can access everything from home loans, savings accounts and insurance to agribusiness lending, refinancing, equipment finance, and financial advice – all delivered face-to-face by people who understand local needs.

There’s also good news for Proserpine customers. Through Australia Post’s Bank@Post service, Bendigo Bank account holders can deposit cash or cheques, withdraw money, and check balances at the Proserpine Licensed Post Office. Pensioners and concession card holders can even make no-fee withdrawals.

Community Bank Cannonvale–Proserpine is equally committed to supporting local business. Senior Business Relationship Manager, Luke Sheppard, regularly visits Cannonvale and Airlie Beach to provide tailored banking solutions to business owners.

Beyond banking, the branch has invested more than $249,000 back into the community over the past seven years, funding everything from school programs and conservation initiatives to sports clubs and major regional events.

And if you’ve seen Bendigo Bank Piggy or the branch’s popular Community BBQ Trailer at a local event, you’ve seen that commitment in action. Sponsorship applications are now open. Find out more by contacting secretary@whitsundaycel.com.au

Your Town. Your Bank.

Visit Amanda and the team at Whitsunday Plaza Cannonvale
Call (07) 4948 3599
Email cannonvale&proserpinemailbox@bendigoadelaide.com.au

Bendigo Bank – the better big bank.

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