Millmerran Community Branch

It all started with people

As a small, close-knit rural town in the Darling Downs, Millmerran residents were used to receiving personalised customer service, where people knew each other by name. However, for all of the fantastic businesses available, there was something missing from the town – a place where locals could access a full range of banking services on their doorstep. At the time, many rural banks were closing down so the community looked for a way to secure a bank in Millmerran for the long-run.

That’s where Heritage Bank came in. Heritage offered Millmerran residents an opportunity to have a local bank run by a local team through their Community Branch model. Better yet, as a Community Branch, profits 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.

Local investors represented by Millmerran Community Company raised $130,000 as their share of capital to form a joint-venture with Heritage Bank. And in March 2007, Heritage Millmerran Community Branch opened.

Ongoing success

Since opening, Heritage Millmerran Community Branch has invested more than $1.3 million in funds back into the Millmerran 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 Millmerran Community Company and Heritage.

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

Name of organisation



Millmerran Golf Club

Purchase fuel-powered heating unit


Pittsworth-Millmerran Junior Cricket Club

Shade cloths, scorer table and club shirts


Millmerran Memorial Bowls Club

Refurbish the club bar floor area


Millmerran Ladies Tennis Association

Replace club nets


Millmerran State School P & C

Undercover play areas



The team at Millmerran look forward to assisting with any of your financial enquiries. See how the team can assist you by visiting the Millmerran Community Branch at Campbell Street or calling 07 4695 2200.

* Home loan comparison rate based on a $150,000 loan over 25 years.  Fixed loan comparison rate applies only for loans with an LVR of 80% or less and a loan amount of $150,000 to $249,999.  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.

Interest rates are on a per annum basis. Rates are correct as stated and subject to change without notice. Rates shown are for new loans and do not apply to switches or internal refinances.

Home Advantage Variable rates include discounts shown from the Standard Variable rate. Home Advantage Living Equity rates include discounts from the Living Equity rate. Discounts are based on total lending in the package. Discount Variable LVR rates are for new lending and include discounts from the Discount Variable Loan Rate.  Discounts are not available in conjunction with any other interest rate discount or special offer. All fixed rates are fixed for the period stated and revert to the variable rate applying at expiration of the fixed term. To approved applicants only. Conditions, criteria and fees apply.

Loan to Value Ratio (LVR) is the loan amount divided by the value of your security property (determined by Heritage Bank at assessment), multiplied by 100. Owner Occupied loans have a maximum LVR of 95%, Investment loans have a maximum LVR of 80% and Living Equity has a maximum LVR of 80%. Heritage is not accepting any new investment applications until further notice.

This advice has been prepared without taking into account your objectives, financial situation or needs. Because of this you should, before acting on this information, consider its appropriateness having regard to your objectives, financial situation or needs.

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