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7 October, 2021

Community bank declares dividend

Lowood & Fernvale Bendigo Community Bank shareholders are set for Christmas boost, with the bank declaring its dividend for the financial year.


Lowood and Fernvale Bendigo Community Bank shareholders are set to receive a dividend payout in November.

Aaron Heck, the newly appointed Chairman of Somerset Region Community Enterprises Ltd, the company that owns and operates the Lowood & Fernvale Bendigo Community bank, said he was pleased with the dividend payment, as it reflected the bank’s continued progress and growth.

Shareholders will receive a franked dividend of 4.8c in the $ in early November.

The bank's total holdings are now in excess of $129 million.


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