The Maldon & District Community Bank (MDCB) is a locally owned and operated bank that gives 80% of its profits back to our community. It’s called a “Community Bank”, which means it’s owned and run by the community through a local company – the Maldon & District Financial Services Ltd (MDFSL). We’re part of the bigger Bendigo Bank network which means we offer their full range of banking and financial products.
We have branches in Maldon, Dunolly and Newstead. But you don’t need to live in our community to bank with us. Once you have your accounts, loans, business accounts, superannuation, equipment finance or insurances with us, you can do your day-to-day banking at any of the 500+ Bendigo Bank or Community Bank branches around Australia, or via internet or telephone banking.
Our team of passionate and professional banking staff really listen to our customers, because they want to help you achieve your financial goals, so you can enjoy and take control of your life. Even though we’re deeply connected to our communities, we also offer complete confidentiality as part of our face-to-face, personalised service.
We’re passionate about working with and supporting both our customers and communities to thrive and prosper. Our bank is a cornerstone of our communities – we’ve injected more than $3.1 million over the last 20 years to communities throughout the central Victorian goldfields region.
The more we can do for you, the more we can do for everyone. By banking with us, you can contribute to how your community grows and thrives.
Who gets our profits?
Community groups, clubs, organisations and events who apply for funds by completing an application form. Not all applicants are funded. This is where it gets challenging. Sorting who and what to fund when demand is so big. Maldon & District Community Bank receives requests for $150,000-$200,000 annually. Generally, we distribute $70,000 to $200,000 annually. If you bank with us, it will help us invest more.
What region does Maldon & District Community Bank Branch invest in?
The big circle from Maldon to Newstead and Dunolly and including Eddington, Baringhup and Guildford, Castlemaine and Harcourt. This takes in Eddington, Campbells Creek, Taradale, Bealiba, Guildford, Moliagul, Tarnagulla, Chewton, Lockwood South, Laanecoorie and the areas in between.
How we help the community
We help the community by providing:
- Funding for things that matter to the community – for community fundraisers, events, sporting groups, arts and festivals, emergency services, schools and preschools
- Advice for community groups and activities
- Support for bigger community projects
We help with bigger projects such as the Mount Alexander Shire respite house (MASARG), community buses in Baringhup-Maldon, Newstead and Dunolly, new clubrooms and facilities at the Newstead Recreation Reserve and funding to get men’s sheds built, and upgrades to school and preschool facilities.