Since first opening its doors in 1912, the Commonwealth Bank has used its extensive branch network to proudly support community development through donations, sponsorship and community programs. The Commonwealth Bank supports communities through accessible banking, maintaining its current number of branches, as well as Australia’s largest bank operated ATM and EFTPOS network.
Its partnership with Australia Post also allows people to bank at over 3,000 post offices around the country.
Thanks to the Commonwealth Bank’s long history of community involvement it has a deep understanding of what it takes to develop and fund community infrastructure.
The Bank knows the pressure Local Government is under to maximise investment returns while still maintaining the flexibility needed to meet payment deadlines when they arise. It also understands the challenges of managing day to day transactions and finding alternative ways to fund social infrastructure, like environmentally sustainable water and waste solutions.
It’s this understanding that has led to the creation of the Bank’s Local Government group which comprises state based teams of experienced specialists dedicated to providing support and innovative solutions to councils.
A strong track record with Local Government in arranging successful Public Private Partnerships, as well as structured and project finance, means the Commonwealth Bank has the experience, resources and capabilities to be a long term partner for the development and maintenance of community assets.
By working together, the Commonwealth Bank and Local Government can realise the vision of sustainable and successful communities.
For more information please visit www.commbank.com.au/localgovernment.
* Copy supplied by Commonwealth Bank
