Forest Lake Community Branch
It all started with people
Officially opening in 1991, Forest Lake was the first Master Planned Community within the municipality of Brisbane. From its opening, the community began to attract a constant stream of residents thanks to its family-friendly atmosphere and carefully crafted mix of retail, commercial, educational, residential, retirement, and recreational facilities.
However as a planned community, Forest Lake residents only had access to one bank in the local shopping centre. This meant the residents’ financial options were limited, so they began to look for another option – one that not only gave them more financial choice but helped the community grow.
The Heritage Community Banking model was the answer. A savvy group of local investors came together to raise over $221,000 in capital to partner with Heritage to open the Heritage Forest Lake Community Branch. The Branch was officially opened in October 2005 by then Lord Mayor Campbell Newman.
Heritage Forest Lake Community Branch is a joint venture partnership between Heritage Bank and the local community, represented by Forest Lake One Community (FLOC). Besides providing local access to comprehensive financial services, profits from the Branch are distributed back to the community in the form of Community Grants. These grants are used to support charities, sporting clubs and other local organisations.
Since opening, Heritage Forest Lake Community Branch, with FLOC, have invested almost $2.3 million in funds and grants back into the Forest Lake community. The community grants have enabled local organisations to complete numerous essential projects that may have never been possible without the mutually beneficial relationship between FLOC and Heritage.Here are some of the latest organisations we’ve been able to support: