Community Bank project passes a milestone.

“It won’t be long before we open up our Community Bank in Mayfield” said Bronwyn Grieve. Bronwyn is Chair of the Mayfield Community Bank project. 

"We've reached the first $200,00 in our pledge campaign.  

“We will celebrate it by holding an account-opening afternoon in Mayfield. People can open accounts with the nearby Wyong community bank. When our bank opens, the profits generated from our banking with them, will be transferred here, and of course people can transfer their accounts here as well. 

“Our campaign aims to reach $800,000 in pledges. The pledges don’t involve money immediately. They’re simply a way to see if there’s enough people around to raise the start up capital. After we’ve reached $800,000, we’ll have an independent feasibility study, to see if there is enough banking for the bank. 

“Pledges only have to be $500, but can go up to $85,000. We also like to hear ideas for spending the future profits”. 

People who’d like to open an account or want to find out more are invited to come to the Stag and Hunter hotel, Mayfield, on Tuesday 13^th  April.  

The Branch Manager of Wyong Community Bank,  Adele Alessio (JP) will be available from 4:30 to 5:30 to open accounts. See below to find out what you need to bring.

At 5:30, the Steering Committee will hold an open meeting to keep the project rolling.

What you need to open an account:

Adele Alessio (JP) Branch Manager Wyong Community Bank will be available. You will need to show:

* Personal Accounts: Drivers Licence (copy plus original to sight) & Tax File Number

* Sole Trader Trading As: eg. “John Smith T/as ABC Widgets”. Business Registration and drivers licences of all Signatures to account (copies plus originals to sight)  , ABN Number, Tax File Number.

* Partnership: Copy of Partnership Agreement, if also a Trading As then we also need Business Registration, ABN Tax File Number and Drivers licences

* Pty Limited Business: a “Copy” Certificate of Incorporation and Form 201, ABN & ABN numbers and Tax File Numbers, along with Drivers Licences of all signatories

* Club Account: Minutes of the meeting stating Office Bearers and Signatories. If it’s an * Incorporated Association copy of the Incorporation Certificate & Drivers Licences from all signatories.