14 March 2018
Customers of Heritage Bank’s Palmwoods Community Branch have helped contribute $75,000 towards the new boardwalk lining Palmwood’s Piccabeen Green town square – by simply doing their everyday banking.
The new $3 million Piccabeen Green in the heart of Palmwoods was officially opened on 10 March, revealing a fully transformed community space linking three business precincts.
Connecting the space is the new Heritage Boardwalk, lined with 54 Piccabeen palms to provide pedestrians with a scenic streetscape through Palmwoods’ civic centre.
Heritage Palmwoods Community Branch is a joint-venture between Heritage Bank and the local community, represented by Palmwoods Community Branch Ltd (PCB Ltd). 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, a share of profits must be given back as grants to local community organisations, charities and special community events. Since opening, Heritage Bank & PCB Ltd have injected more than $2 million back into the Palmwoods community.
PCB Ltd Director Audrey Lyttle said, “PCB Ltd and Heritage Bank are absolutely delighted to present $75,000 on behalf of the Palmwoods community towards this beautification project.
“This would not have been possible without the support of the local residents and businesses who bank at Heritage Bank Palmwoods. The more people who choose to bank there, the more Heritage and PCB Ltd can do to help community organisations with substantial projects like this, which benefit us all.”
Heritage Bank Palmwoods Community Branch Manager Sophia Di Ferdinando said, “Heritage established the Palmwoods Community Branch in partnership with PCB Ltd to make sure the people of this community had access to high-quality banking services on their doorstep.
“The Palmwoods team is very passionate about providing our customers with fantastic personalized service and have built wonderful relationships within the community over the past 12 years.
“We’re not just a bank, we’re part of the local fabric. We really enjoy getting involved in local events and initiatives and are so proud to contribute to the continual development of our region through the community grants.”