BDCU Market Research Report

Company Overview

Name, Mission, and Purpose

Name: BDCU Limited, trading as BDCU - The Collective Impact
Mission: To be the driver of economic and social growth in our region, fostering wellbeing and prosperity in the community, and delivering increased social impact.
Purpose: BDCU exists to create local opportunity and choice, enhancing the economic and social fabric of regional NSW communities.

Foundation and Founder

Founded: 1963
Founders: A group of co-workers at Southern Portland Cement

Key People

CEO: No specific information available

Chairperson: Daniel (as per recent updates)

Headquarters

Bowral Location: 411 Bong Bong St, Bowral NSW 2576
Goulburn Location: 175-181 Auburn St, Goulburn NSW 2580

Employees and Membership

Number of Members: 10,000
Number of Employees: No information is available

Revenue

No information is available

Recognition

BDCU is recognized as an economic and social driver in regional NSW, known for delivering substantial community programs and sustainable banking services.

Products and Services

Banking Services

BDCU offers a wide range of banking products through its Community Bank BDCU, in partnership with Bendigo and Adelaide Bank. This support surpasses $600 million in loans and deposits. BDCU emphasizes sustainable face-to-face banking across its regional branches.

High-Level Description and Features

Loans and Deposits: Providing financial services, supported by a Community Bank model.

Banking Network: Physical branches maintain a local service presence, essential in regional community support.

Community and Business Spaces

Facilities: Co-working facilities, meeting rooms, and event spaces serve local businesses and community needs.

Recent Developments

New Initiatives and Programs

Community Support Programs:

Winter Warmer Appeal: Donation of 482 jackets, jumpers, and blankets in 2024.

Frontline Thank You: 200 gifts of appreciation for hospital frontline staff.

Do Good This Christmas: Over 500 gifts prepared for children during 2023.

Staff Fundraising: Raised $2487 for community organizations in 2023/24.

613 jackets, jumpers, and blankets in 2023, with the Great Pie Drive generating funds for Meals on Wheels.

Scam Awareness and Safety Programs: Offered seminars focusing on scam awareness and online safety, ensuring both adults and children receive proper guidance.

Partnerships

Heart of the Nation Initiative: Partnering to install defibrillators across all BDCU centers.

Corporate Social Responsibility

Corporate Volunteering: Employees have contributed over 240 volunteer hours.

Membership Engagement

Member Benefit: Update member details and have a chance to win a $200 voucher.

Newsletter Communication: Regular updates through newsletters enhance member involvement and feedback.

Organizational Milestones

Celebrated the 60th anniversary on September 19th, 2023.

Governance and Future Plans

Board Activities

Director Nominations 2024: Announced for the election, closing date set for September 24, 2024.

Annual General Meeting: 61st AGM scheduled for November 28, 2024.

This report encapsulates detailed and critical information on BDCU, emphasizing its commitment to regional growth through community involvement and sustainable finance. No additional commentary or subjective analysis has been included as per the requirements.