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BDCU $500M Milestone

24 June 2019 |Industry Updates
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BDCU $500M Milestone

24 June 2019 |Industry Updates
BDCU Alliance Bank achieves significant milestone of over half a Billion dollars in loans and deposits through support of locals.

Since 2015 BDCU loans and deposits have grown by 52%.

This is made more remarkable as it bucks the trend across the Banking Sector. Importantly it shows locals are supporting their Big Local Bank. This growth has allowed BDCU Alliance Bank to increase its offering to the local community and businesses through enhanced technology such as launching digital wallets.

BDCU has also been able to grow its community support the last financial year through the growth of the My Community Program that distributed grants of over $45,000 to a number of local community groups.

CEO, JAN Edwards said "All of the staff at BDCU would like to acknowledge the support of local people and local businesses in choosing BDCU Alliance Bank to provide their banking needs.

In an age where businesses are becoming increasingly metro based it’s great to see the value local people place in being able to talk to a local. This has helped shape the significant growth we have been able to achieve. 

Through our members and customers support we have been able to achieve very positive outcomes for our community, and with more support we can do more."

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Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879. AWA Mutual Limited®, BDCU Limited®, CIRCLE Mutual Limited®, NOVA Mutual Limited® and SERVICE ONE Mutual Limited® (Alliance partners) are independent mutual entities that have formed an alliance with Bendigo and Adelaide Bank. AWA Alliance Bank®, BDCU Alliance Bank®, CIRCLE Alliance Bank®, NOVA Alliance Bank® and SERVICE ONE Alliance Bank® are trademarks of Bendigo and Adelaide Bank Limited.

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