News
27 November, 2025
Community bank invests $1.6M in locals
The Community Bank Lowood–Fernvale has marked another year of solid financial performance and expanding community support, having reinvested $1.6 million into the Somerset community through sponsorships, grants and dividends since opening in 2010.
The Community Bank Lowood–Fernvale has marked another year of solid financial performance and expanding community support, having reinvested $1.6 million into the Somerset community through sponsorships, grants and dividends since opening in 2010.
Chairman Aaron Heck told shareholders at the Annual General Meeting on November 18 that it was “good news all round.”
Presenting the Annual Report on behalf of the Board, Mr Heck highlighted continued business growth and another strong dividend for shareholders.
Branch Manager Caroline Bradley also addressed the meeting, praising her “amazing customer focused team” and outlining the bank’s steady development, supported by its corporate partner Bendigo Bank and its suite of products and services.
The AGM also heard firsthand from several community groups that received funding support this year.
Representatives from the Brisbane Valley Soccer Club, which fields 38 teams and more than 500 players, shared how the bank’s backing had strengthened their programs.
The Lowood RSL, Toogoolawah Historical Group, Glamorgan Vale Community Hall and the Fernvale Girl Guides also spoke about the value of the bank’s contributions in advancing their work across the region.
With a new lease signed on the Lowood branch, Mr Heck said the future “looks bright” for the region’s only bank branch.
The meeting also marked a change on the voluntary Board, with Sharyn Voss farewelled after a decade of service and new directors Russell Ogilvie and Susan Pitkin welcomed.
The Board, which meets monthly in Lowood, said it remains committed to ensuring banking services stay local and strong for Somerset residents.
To learn more about the follow the bank on Facebook: Community Bank Lowood-Fernvale
