In 1999, the Crows Nest community were desperate for a stable financial services provider. As they examined the possibility of starting their own bank or credit union, a franchise, a partnership, or similar enterprise, it became clear that the Heritage community banking model made the most sense and could satisfy the specific needs of our community.
It was a great deal less expensive to start (less than half the cost of the other main community banking model) and once the doors were open, more money would stay in the local area.
After the Crows Nest branch was opened and profits began to pour into the small regional town, it became apparent that another nearby town – Highfields – was in need of financial services as well.
Progressive Community Crows Nest Ltd (PCCN) now proudly runs and manages the distribution of profits from both branches back into the local communities.
The Crows Nest Community Branch and Highfields Community Branch provides the community with high quality banking, including fairer fees and better service. The success of the branch however, is thanks to the local people who bank with us knowing their community will get a share of the profits.
The branches are open longer, including Thursday nights and Saturday mornings, and there are no account keeping fees on personal accounts. Customers are offered fair pricing, competitive fees and charges, flexible products and more staff to give you higher levels of service.