YOU can’t put a dollar value on the work done by community groups in town.
But, Regional Australia Bank’s Community Partnership Program is attempting to give some financial support to the teams that support the area.
The program, now in its ninth year, reached $840,000 in donations this year.
Money is donated to the different groups, depending on who new bank customers choose when they open a transaction account and select which group they would like to support. Regional Australia Bank then calculates the average annual balance of all supporters’ accounts and donates 1 per cent of the total to the cause on the customers’ behalf – all without costing them a cent.
With more and more people getting on board, the Community Partnership Program has continued to grow at over 30% per year – and this year, the total amount has edged ever closer to the million dollar mark, with $840,000 of funds ready to donate to various local grass roots clubs and community groups.
At Muswellbrook’s recent Community Partnership presentations event, Regional Australia Bank awarded $22,508.29 to the local community.
United Hospital Auxiliary of NSW Inc – Muswellbrook District Hospital, Muswellbrook Rugby League Football Club Inc, Muswellbrook Mens Shed, Muswellbrook High School P&C Association, and the Upper Hunter Conservatorium of Music were just a few of the groups to receive a donation.
Over the past few years, the bank has been able to contribute more than $1.5 million dollars to community groups.
The bank’s goal for the Community Partnership Program is to reach $1 million in donations to local communities in 2018, and is inviting regional Australians to get on board.