Central Murray Bank executive John Pattison said the community-driven institution would now embark on a new era of growth, modernisation and enhanced services, all while remaining 100 per cent member-owned and committed to serving the local community.
“We remain a community-first institution, ensuring members can benefit from competitive financial services, personal relationships and a commitment to reinvesting in our region,” he said.
Mr Pattison assured customers they would still benefit from “the same great service and the same friendly team”.
“You’ll still be greeted by the familiar faces you know and trust,” he said.
Mr Pattison said there would be no changes to customer accounts, as account numbers, cards, logins and banking details would remain the same.
Since its beginnings as Yarrawonga Credit Union Co-operative Limited in 1972, the institution has been a trusted financial institution, helping generations of families, businesses and community organisations achieve financial security.
From the first personal loan it issued, for a camera purchase over five decades ago, up until today, the credit union has always aimed to keep money local, ensuring that savings are reinvested into the community through home loans, business lending, sponsorships, scholarships and local partnerships.
“As Central Murray Bank, we are committed to strengthening that legacy, offering competitive rates, personal service, and ongoing support for our members and the wider community,” Mr Pattison said.
“And everything goes back into the community, whereas if you deal with a large bank, it goes back into a big melting pot and very little goes back into the community.
“We support as much as we can because we are part of the community.
“Our community supports us, and we continue to support the community.”
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