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Bank goes against tide by moving in rather than out

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A bank has announced it will open a new branch on the Sunshine Coast, defying a trend by others towards closing branches.

Queensland Country Bank will open a branch at 21 Duporth Avenue, Maroochydore, in April.

The new branch will provide a full range of face-to-face banking services and will build upon the bank’s already established lending centre on Aerodrome Road, Maroochydore.

The business says it is on a mission to be the best regional bank in Queensland and has a focus on growth and investment in the state.

CEO Aaron Newman said the bank was prioritising support for the regions where members live and work.

“Queensland Country Bank is committed to ensuring Queenslanders across the state – both in regional and metropolitan areas – have access to reliable and community-focused banking,” Mr Newman said.

“The Sunshine Coast is one of the fastest-growing regions in Queensland and we are committed to being where our members are.

“The Maroochydore branch expands our services and investment in the Sunshine Coast region, adding to our already established Maleny branch and our investment in the much-loved and hugely popular Queensland Garden Show.”

The opening of Queensland Country Bank’s Maroochydore branch follows the announcement that Heritage will close branches at Nambour and Noosa on April 4, and the closure of the Commonwealth’s Buderim branch last May.

Queensland Country Bank was established in 1971 in Mount Isa and is owned by members.

It has more than 100,000 members and more than 450 employees, and has given $3 million back to the community through its Community Good for Good grants program in the past 20 years.

It is the principal partner of Queensland Cricket and has naming rights at Townsville’s Queensland Country Bank Stadium.

For more details click here.

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