Community Bank Mallacoota

Local Banking. Local Impact

Mallacoota Community Enterprises Ltd. (MCEL) is the franchisee of Community Bank Mallacoota. MCEL is a social enterprise run by volunteer directors and is committed to building a stronger, more connected, and resilient community.

Since opening in 2009, through partnerships with local organisations, clubs, and community groups, we have supported projects and activities that have created lasting benefits for Mallacoota and the surrounding district.

Our community investment funding is made possible by the banking business of our customers. Put simply, the more our community banks with us, the more opportunities we have to support our community.

Our point of difference-"Profit with Purpose"

You may not think who you bank with matters, but it does. For our customers, their banking is making a real difference.

Every day our customers help change and save lives, simply by banking with us. In recent times we have assisted the Ambulance Victoria, Mallacoota with replacement batteries for their AEDs, helped fund a dedicated group of women to purchase their own building to support local businesses, given funds to provide tools for our Tool Library and helped keep the iconic Mallacoota WWII Bunker Museum watertight.

Everyday banking with Community Bank Mallacoota is providing all this and more.

The role we play is to feed into prosperity, not off it.

Community Bank Mallacoota is committed to developing partnerships that assist in achieving positive community outcomes.

With these aims in mind MCEL offers the following funding opportunities:

1. Sponsorships that support local organisations to deliver events and activities through a partnership that benefits both the community and Community Bank Mallacoota.
2. Grants that support specific projects and initiatives that deliver a clear and lasting benefit to the wider community. Funding may assist with community facilities, equipment, programs, or other projects that strengthen our community.
3. Donations of up to $2,000 provide one-off assistance to eligible community organisations and initiatives that deliver positive local outcomes.

In return for our support, organisations agree to help promote Community Bank Mallacoota and the important connection between local banking and local investment with appropriate acknowledgement and publicity. – See Community Partnership Obligations

Funding recipients will also be required to complete an acquittal within an agreed period post funding to demonstrate that:

• funds have been used for their intended purpose,
• community partnership obligations have been fulfilled, and,
• the objectives of the event, activities, program, or project have been achieved.

Application Criteria

Before you apply for funding, it is important that you understand that the following criteria apply to all applications:

• Your organisation must bank with Community Bank Mallacoota, or be able to open an account with us, prior to any funding being provided. Please note that schools and some government or large community support organisations may be exempt from this requirement.
• Your organisation must be a Not for Profit. We are unable to provide Community funding to businesses.

Generally, MCEL is unlikely to approve an application if:

• You apply for funding as / or on behalf of an individual person.
• You have failed to comply with previous funding conditions set by Mallacoota Community Enterprises Ltd
• You are applying on behalf of a commercial enterprise.

Application outcomes may take up to 60 days from date of lodgment. If a response to your application is required sooner, please email info@mallacootacommunitybank.com.au

If you are confident that your application will meet these requirements and have read the Community Funding Guidelines, please continue.

Not sure which funding option is right for you?

Please read the relevant funding guidelines before beginning your application. If you are still unsure, contact us via email at info@mallacootacommunitybank.com.au to discuss your project—we are happy to help you identify the most appropriate funding

Community Funding Process Overview

Follow this step-by-step process from preparation to acquittal.

1. Develop your project/ event/ activity.
2. Review funding options, community funding guidelines, application criteria, and community partnership obligations.
3. Complete the online application.
4. Allow up to 60 days for review and assessment.
5. You will be notified of the outcome.
6. If successful, we’ll supply an Agreement for you to complete.
7. We will discuss the project and expectations around recognition of our funding.
8. Funds will be paid and you will deliver the project as proposed.
9. You will submit the acquittal and impact story.

Together, we can make good things happen.

Every customer who chooses Community Bank Mallacoota helps strengthen our ability to invest in the community we all share.

Keep up to date with our upcoming community investment programs, by visiting our Facebook.