Bendigo Bank
SSKB has a specialist body corporate banking service that will provide you with an income stream to help build your local community.
This unique service has been established by SSKB in partnership with Bendigo Bank. This is evidence of the SSKB commitment to providing excellence in community management by forming a relationship with a company that has similar ideals to us and places the same importance on community engagement.
Bendigo Bank has an exceptional customer service philosophy. The bank strongly believes in engaging communities and finding out how it can contribute to the prosperity of the community. The bank is involved in a number of initiatives that demonstrate its commitment to communities. The Community Enterprise Foundation, the Lead On youth development program and creating environmentally sustainable communities are just some of the initiatives of Bendigo Bank. These initiatives translate into the tailor-made package of body corporate banking services.
Unit owners and bodies corporate are already reaping the benefits of a ground breaking community dividend agreement between SSKB and Bendigo Bank. Through the Community Dividend scheme bodies corporate managed by SSKB have shared in over $60,000 to help reduce their body corporate levies, refurbish common areas and even support local charities.
THAT'S RIGHT - A BODY CORPORATE MANAGEMENT COMPANY WHICH ACTUALLY PAYS MONEY BACK TO BODIES CORPORATE!!!
Under the scheme, bodies corporate managed by SSKB receive a dividend payment for banking business held with the Bendigo Bank's Bundall branch. The Community Dividend is calculated as a percentage of your community's total banking business - the more banking your community does, the more the dividend grows. The following is an example of the dividend at work.
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Adminstration & Sinking Fund | $150,000 | $150,000 | $225 |
4 x Home Loans | $250,000 | $1,000,000 | $1,500 |
20 x Savings Accounts | $5,000 | $100,000 | $150 |
2 x Home Loans for additional investment properties | $250,000 | $500,000 | $750 |
Loan for Management Rights | $500,000 | $500,000 | $750 |
Total |
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* Based on 0.15% commission
Our relationship with Bendigo Bank is part of our wider aspirations to stand out in the body corporate industry and be known as a company that provides unique services and innovative solutions to our client bodies corporate.
For more information please contact Sarah Lawrence on 07 5570 2558 or email sarah.lawrence@bendigobank.com.au