MEDFSL

Mt Evelyn & Districts Financial Services Limited

Our History
A Proud History of Supporting Our Community

The History of Mt Evelyn & Districts Financial Services Ltd (MEDFSL)

Since 2002, Mt Evelyn & Districts Financial Services Ltd (MEDFSL) has been a pillar of support in Mt Evelyn & surrounding communities, committed to creating a positive and lasting impact. The establishment of Community Bank Mt Evelyn marked a significant milestone for the Yarra Ranges, providing locals with a trusted banking service that prioritises community involvement and support.

Milestones of Success

Our journey began with a strong commitment to supporting local causes, and in 2004, MEDFSL celebrated its first profit. By 2005, we had purchased and paid for the branch building, demonstrating the trust and loyalty of the community that supported us. In 2006, we paid our first dividend to shareholders and continued to build on this success, and has since returned over $4.1 million to the community through grants, sponsorships, and other initiatives.

Our impact was recognised in 2009 when MEDFSL became only the third inductee into the Bendigo and Adelaide Bank’s Community Bank® Hall of Fame, a testament to our outstanding contribution and service to the community.

Expanding Our Reach

The success of the Mt Evelyn branch led to a significant opportunity in 2009. MEDFSL partnered with the Montrose Steering Committee to establish a new Community Bank® Branch in Montrose. This collaborative effort resulted in the opening of the Montrose Community Bank® Branch in November 2010, further extending our positive influence across the Yarra Valley. By 2012, MEDFSL had completed the purchase of the Montrose branch building, solidifying our investment in the community.

However, in response to changing banking practices and challenging trading conditions, MEDFSL made the strategic decision to consolidate operations and focus on the Mt Evelyn branch. The Montrose branch officially closed on 26 September 2019, marking the end of an era but reinforcing our commitment to the region by concentrating resources where they can have the most significant impact.

Building Local Prosperity

In 2012, MEDFSL transitioned from being listed on the Bendigo Stock Exchange to the National Stock Exchange of Australia (NSX). By 2019, we shifted to a Low Volume Market, allowing us greater control over share transactions while maintaining local connections and minimizing costs. This strategic move has ensured that more resources are directed back into our community rather than towards listing fees.

A Focus on Community and Long-Term Growth

Our core mission has always been to empower our community. Through sponsorships, grants, and active support, we have helped create stronger, healthier community groups. This commitment has played a vital role in making the Yarra Valley a better place to live, with funding directed towards youth education, social services, and initiatives that address the evolving needs of our community.

Commitment to Our Community, Now and Into the Future

As we look to the future, we remain dedicated to upholding the values that have brought us success and continue to support programs that enrich our community. We’re honoured to serve you and to continue building on our legacy of support, connection, and growth.

Building Connections Through Our People and Stories

Learn More About How We Connect, Support, and Grow Our Community

SHAREHOLDERS

DIRECTORS & STAFF

OUR STORIES

Mount Evelyn & Districts Financial Services Ltd

Shop 2, 35-39 Wray Crescent
Mount Evelyn, VIC 3796

(03) 9737 1833
9178@bendigoadelaide.com.au

Community Bank Mt Evelyn acknowledges Aboriginal and Torres Strait Islander peoples as the First Peoples of this nation and the Traditional Custodians of the land where we live, learn and work. We pay our respects to Elders past and present as it is their knowledge and experience that holds the key to the success of future generations.

©2024 Mt Evelyn & Districts Financial Services Limited. ABN 93 096 782 240

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