Heritage Palmwoods Community Branch rewards local community groups with over $102,000 in grants

Twenty seven community groups from Palmwoods and surrounds have shared in over $102,000 in grants thanks to the latest round of community grants from Heritage Palmwoods Community Branch.

6 June 2018

Twenty seven community groups from Palmwoods and surrounds have shared in over $102,000 in grants thanks to the latest round of community grants from Heritage Palmwoods Community Branch. 

The recipients of their 2018 community grants program were announced at a special presentation evening held on 26 May. 

Heritage Palmwoods Community Branch is a joint-venture between Heritage Bank and the local community, represented by Palmwoods Community Branch Ltd (PCB). It was established after 99 local investors raised $200,000 in capital to help set up the branch in 2006. 

Under the Heritage community branch model, profits are shared between Heritage and PCB. 

PCB’s share of the profits then goes back to the community via grants or sponsorships to deserving local organisations and events. 

Since opening in 2006, Heritage Bank and PCB have injected more than $5.9 million back into the Palmwoods community and surrounds through grants, sponsorship and employment.

PCB Director Audrey Lyttle said, “We’re absolutely delighted to be part of a model that benefits local people in Palmwoods and surrounding areas.

“The more people who choose to do their banking with Heritage Bank Palmwoods, the more Heritage and PCB can do to support local community organisations with much-needed funding. The PCB is the vehicle by which any grants and sponsorships are given out to the community, it’s very much a symbiotic relationship where we all depend on each other for success.

“The experience the grant recipients have with Heritage Palmwoods and PCB becomes a part of their story and helps spread the word about the benefits of community banking. 

“On behalf of the directors of PCB, we extend their deepest thanks to the volunteers and community groups that contribute so much. Thank you also to the team at Heritage Palmwoods for their dedication and commitment to the Palmwoods community.”

Heritage Palmwoods Branch Manager Sophia Di Ferdinando said the community grants presentation evening was one of their favourite times of the year.

“This is why we love being a community branch,” she said, “it’s about making a difference.”  

“Our customers are not just a number. We have a long-standing team who is very community-oriented and we are so proud to have built strong relationships throughout Palmwoods and surrounding areas. 

“We are so thankful for the opportunity to give back to our region together with the directors of PCB, and keep the community’s best interests at heart.” 

The most recent grant recipients include:

Sunshine Coast Artistic Skating Club: $2,125
Nambour & District Horse Pony Club: $5,000 
Hinterland Blues AFL Club: $2,350 
Woombye Netball Club: $2,635 
Palmwoods & Western District Junior Rugby League Football Club: $4,784 
Palmwoods Warriors Football Club Inc: $3,500 
Palmwoods Cricket Club Inc: $6,000 
Wombye Snakes Football Club: $5,450 
Montville State School P & C Association: $4,180 
Palmwoods Community Kindergarten & Pre-school: $1,930 
Chevallum State School P & C: $2,000 
Mooloolah Primary School P & C: $3,300 
Palmwoods State School: $7,530 
St Joseph's Primary School: $2,000 
Waverley Palmwoods Masonic Lodge: $2,640
Petrie Creek Catchment Care Group Inc: $4,500
Cittimani Hospice: $5,000 
Sunshine Valley Mens Shed: $1,415 
Hunchy Community Association: $5,437 
Palmwoods Girl Guide Support Group: $3,000 
Palmwoods Memorial Hall: $2,500 
Palmwoods Bowls Club: $4080 
Sunshine Coast Citizen Advocacy Program Inc: $2,000
Woombye Care Inc: $8,540 
Palmwoods Community Business Association: $3,000 
AL Taylor for Kids: $3,500 
Eudlo Primary School P & C Association:  $3,826