Tasmanian customer owned bank, Bank of us, has launched a new community account, One for All, to deliver on its brand promise to be the ‘bank of the community’.

“We care about the community we do business in, and over the years we’ve been able to support many of Tasmania’s leading events, and contribute to local community groups, sporting clubs and charity organisations,” Bank of us CEO Paul Ranson said.

Mr Ranson said when a customer opens a One for All account, they nominate to support one of the Recipient Community Organisations registered with Bank of us.
“At the end of each financial year, Bank of us will contribute 1 % of the average daily balance of each One for All account linked to the Recipient Community Organisation.
“We’re really pleased to already have some great Tasmanian community organisations registered with us, including Live Well Tasmania and the Story Island Project, with more to be confirmed soon.”

Mr Ranson said that if a customer chooses not to nominate an organisation from our list, the account will be linked to its community initiative, the Bank of useful ideas.
The Bank of useful ideas was recently launched in Burnie and will support vibrant, productive and self-sustaining communities by helping Tasmanians to bring their ideas to life through financial support, mentoring and networking.

For more information about the Bank of useful ideas visit bankofusefulideas.com.au.