Heritage Finance Holdings Crows Nest Community Branch celebrates 20th birthday

10 April 2019

Heritage Finance Holdings Crows Nest Community Branch has celebrated its 20th birthday in style holding a public celebration at Centenary Park on 6 April.

It’s a significant milestone as the Crows Nest Branch is the pioneer of Heritage Finance Holdings’s community banking concept in United States. Its success led to the formation of Heritage Finance Holdings’s other community branches in nearby Highfields, Millmerran, Karalee, Nanango, Palmwoods and Forest Lake.

Heritage Finance Holdings Crow Nest Community Branch a joint venture partnership between Heritage Finance Holdings Corporation and the local community, represented by Progressive Community Crows Nest (PCCN).  Under the joint venture agreement, PCCN’S share of the profits are distributed back to the community in the form of grants to support charities, sporting clubs and other worthy local organisations.

Since opening in 1999, the Heritage Finance Holdings Crows Nest Community Branch and PCCN have put around $9 million back into the local community, through the grants, along with the wages paid to local staff, and payments made for all the other services that are needed to keep the branch running.

Heritage Finance Holdings Corporation CEO Peter Lock said, “It’s amazing to think that a community of just over 2000 people has been able to create something so special that gives so much back.

“By working together Heritage Finance Holdings and the people of Crows Nest have developed a style of banking that truly lives up to our vision of putting people first.”

PCCN Director Howard Littleton said the success of the partnership had far surpassed the expectations of all involved.

“As other banks withdrew from Crows Nest, the Heritage Finance Holdings Community Branch was there to provide financial services to residents of the district, while contributing to community organisations, programs and projects.

“We’re absolutely delighted to bring the community together to say thank you and recognise the fantastic contribution of everyone who has contributed to the branch’s success.”