Karalee Community Branch

It all started with people

Karalee is a wonderful semi-rural suburb on the western outskirts of Brisbane. For many residents, community spirit is one of the best things about living there. And with only one shopping centre, spotting a series of familiar faces out and about was an easy task. However, despite all the benefits and convenience of living in a smaller community, residents had long felt the need for easier access to local banking services.

After looking into other options, local community members opted to partner with Heritage Bank to bring a Community Branch to the area. In December 2005, local investors from Karalee-Karana Downs-Mt Crosby’s district raised $200,000 in capital to help set up the Karalee Community Branch. And now, as a joint-venture between Heritage Bank and the local community represented by Community Capital Company Ltd, a share of the 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 in the branch footprint.

Ongoing success

Since opening, Heritage Karalee Community Branch has invested more than $1.7 million back into the Karalee community including grants. The community grants have enabled local organisations to complete numerous essential projects that may have never been possible if it wasn’t for this mutually beneficial relationship between Community Capital Company and Heritage.

Here are some of the latest organisations we’ve been able to support:

Name of organisation



Colleges United Football Club

New playing jerseys


Karalee Twin Rivers Junior Rugby League Club

Rebuilding flood-damaged club facilities


Mt Crosby State School P & C

Purchase of a trailer for recycling and sporting activities


Mt Crosby Basketball Club

Yearly court hire costs


Community Grants - profits back to the local community

If your community group is from the Karalee area and would like to apply for a Community Grant, please contact your local Community Branch for more information.

Meet the Team

Karalee Community Branch Manager Scott Smith comes from a strong customer service and banking background, having previously worked in high level positions at Heritage branches in Toowoomba and Highfields. Having started at the ground level before working his way up to Branch Manager, Scott understands the intricate nature of banking processes and always seeks to respond to customer enquiries in a timely manner. Scott lives and breathes Heritage's "People First" philosophy, and always looks for ways to look after his valued customers.

Describing himself as "creatively social", Scott enjoys spending time with family and friends and is also a keen photographer. He also enjoys supporting local charities and events and his engaging and affable nature has allowed him to build great rapport with customers, staff and the community alike. Scott and the Karalee team look forward to assisting you with your financial needs. You can visit the team at Karalee Shopping Village or call 07 3282 8833.

* Based on a $150,000 loan over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.