Nova Alliance Bank give back to those who have a lot to give

Nova Alliance Bank give back to those who have a lot to give

Nova Alliance Bank has increased their 2022/23 grant round to the value of $60,000 to give back to local not-for-profit organisations and community programs.

In a bid to ease the pressures that resulted post COVID-19 in the community, this decision was agreed to unanimously by the team at Nova Alliance Bank to help give back to those who kept on giving despite the added obstacles.

For the 2022/23 grants round, Nova Alliance Bank also increased the range of community groups that were applicable.

By re-evaluating their grants program, they were able to open space to support and address mental health, education, sport, and youth as well as charities in the region.

This year, eight local groups and charities each received a personalised grant to help support a program that directly benefits the community. The groups and charities who received grants include Got Your Back Sista, Hunter Melanoma Foundation, Newcastle Men’s Shed, Hunter Life Education, Ronald McDonald House Charities, Reach Homeless Services, Newcastle Police Boys Club, and Under Construction Choir.

Nova Alliance Bank CEO, David Franklin said that the grants awarded for 2022/23 reflected their ongoing commitment to giving back and ensuring those who help others receive the support too.

“We understand that COVID-19 was a very difficult period for these initiatives. And for some, post-COVID has been even harder. So, for us, this grant program needed to be restructured to factor in and help as many groups as we could,” David said.

“We hope that by expanding the range of programs applicable for our grants, we make a wider difference in the community and really give back to those who give so tirelessly in our community.”

“It was very humbling to hand out these grant cheques and the endless amounts of gratitude we received was moving.”

Among the list of gracious recipients was Ronald McDonald House Charities (RMHC) Northern NSW CEO, Ross Bingham who said it’s the help of organisations like Nova Alliance Bank that allow them to continue seeing the light at the end of the tunnel.

“It is organisations like this that allow us to continue to serve the families of seriously ill or injured children in our city and from across our region,” Ross said.

Returning to in-person presentations was also an important part of the grant process for their team.

Nova Alliance Bank CEO, David Franklin and Director, Rosalie Taggart in previous years had presented each cheque to grant recipients virtually.

“This year we finally have the opportunity to award these cheques to our grant recipients in person,” David said.

“It was the first time in two years we were able to meet face to face and congratulate them on the vital work they perform within our local community.”

 

IMAGE | Recipients from PCYC Newcastle receive grant from Nova Alliance Bank.

Nova Alliance Bank

NOVA Alliance Bank is Australia’s first 100% independent, member-owned social enterprise banks that, through the business of banking, invest their profits in initiatives that support members and seek to generate positive social outcomes within their communities.

 

Now, more than ever before, our community purpose can effect real positive change through the strength of Bendigo and Adelaide Bank and Alliance Bank® Partner investments in their members and communities.

 

In 1964 we began as Hunter Water Board Employees Credit Union and later merged with Newcastle Herald Employees Credit Union, so a co-operative philosophy has always been at the centre of everything we do. Today, through an alliance with Bendigo and Adelaide Bank, we have become Nova Alliance Bank®.

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