Bendigo Bank Telco, an initiative of Bendigo Bank, is creating partnerships with community minded organisations that will help keep capital in communities. These communities can be regionally based, or they can be vertical communities, like a tennis club or common interest group whose members live in all different areas. We've seen that economics dictate that suppliers favour large metropolitan markets ahead of smaller communities. But we've also seen that Community Bank® branches have reversed the trend in regards to banking, and now, Bendigo Bank Telco provides a means to do the same with other essential services.
Description
Bendigo Bank Telco, an initiative of Bendigo Bank, is creating partnerships with community minded organisations that will help keep capital in communities. These communities can be regionally based, or they can be vertical communities, like a tennis club or common interest group whose members live in all different areas. We've seen that economics dictate that suppliers favour large metropolitan markets ahead of smaller communities. But we've also seen that Community Bank® branches have reversed the trend in regards to banking, and now, Bendigo Bank Telco provides a means to do the same with other essential services.