South West Credit News

Community @ Heart Porgram

Community @ Heart is a funding program with a difference. It was established as a means of supporting the types of groups that traditionally have trouble attracting financial assistance from other Government or philanthropic means, or who find themselves outside the typical eligibility criteria often associated with grant programs.

To date the types of organizations and groups that have benefited from Community @ Heart have included:

• The Warrnambool Animal Hospital
• 2007 World Scout Jamboree
• Lifeline South West (Vic) Inc
• Allansford Girl Guides

Corporate Golf Day

South West Credit held its inaugural Corporate Golf Day on Sunday 28 Ocotber, 2007 as a means of rewarding and socializing with some of the organisation’s most loyal clients.

Seventy five keen golfer’s lined up for a ‘shot-gun’ start to play a 18 hole Ambrose Competition.

Favourable weather conditions contributed to the relaxed and friendly feel of the day, which ended with lots of laughs and stories shared in the Club House afterwards.

The winning team for the day comprised of Hawthorn footballer – Jordan Lewis, Sydney Swans footballer – Danny O’Keefe, who teamed with locals, Sam Boyd and Shane Lewis.

SOUTH WEST CREDIT RECORDS RECORD PROFIT FOR 2006 – 2007.

South West Credit has recorded it’s best-ever profit.

Chairman Alan O’Connor announced at South West Credit’s Annual General Meeting on October 24, 2007 that this year’s financial year finished with an after-tax profit of $761,800.

This profit signals an impressive 44 per cent growth on last year’s after-tax result.

More than 25 people attended the Annual General Meeting at the Warrnambool Golf Course to hear Mr O’Connor announce the profit, which he said was a reflection of the commitment of South West Credit staff and directors to the organisation and its members.

“This, and many other achievements recorded in the last 12 months, are the result of continued investment in the business and the outstanding performance by our staff,” he said. South West Credit Chief Executive David Brown also attributed the outstanding result result to the organization understanding its members.

“Our decisions are made based on what the local customer wants, needs and expects. Our independence delivers a fine balance of security and safety, coupled with flexibility and accountability,” he explained.

“We understand that what the local market needed and expected five years ago may differ to what we need to deliver today, and we act upon that accordingly.”

Mr Brown said every cent of this year’s bumper result would be reinvested in initiatives and services that continued to answer member’s needs and expectations.

“Over the next 12 months, we’ll be looking forward to delivering even more choices in relation to service packages, and investing in the best methods to achieve online and face to face banking opportunities.”