There is a new initiative on offer with Bendigo Bank which can help not-for-profit organisations like us, in the Cairns region. We had a meeting with our Branch manager and have included the details here if anyone is interested in helping.
If you have an already existing account or loan you simply nominate Khacho Yulo Ling Buddhist Centre as the organisation you would like to support. The bank pays a dividend from THEIR profits (not yours) to the nominated organisation.
It doesn't affect your income, loan, interests rates, the money simply comes from the profit the bank makes.
This new system replaces the old system of sponsorship that Bendigo offered. See the flyer below for more details.
We nominated ourselves for our loan and other accounts we already have with Bendigo and we will receive around $300 per year from this initiative. The rate is even higher if someone opens a new account, thanks in advance to anyone who takes this initiative up on our behalf.