Buninyong & District Financial Services Limited
Buninyong Community Bank® Project
Our Prospectus is now available!
Download the Buninyong and District Community Bank® Prospectus here. (PDF file)
After the feasibility study results had been collated, your committee's business plan completed and agreement with Bendigo Bank that your community has all of the elements required to successfully open a Community Bank® branch, your committee formed a public company limited by shares (Buninyong & District Financial Services Ltd). This was a lengthy process, which included signing of Bendigo Bank's Community Bank® franchise agreement and the launch of a legal prospectus after the formal Due Diligence process was completed and approval from ASIC had been received.
This is where those people who pledged their support, and other supporters, are vital. Individuals will be asked to purchase shares (issued at $1 per share) in this public company. Shareholders should be local and have an intention to bank with their Community Bank® branch once it has opened.
Hundreds of shareholders are required not only to meet the minimum share subscription, but to provide a strong potential customer base for your Community Bank® branch.
