Community Bank Inner East signs $400k two-year partnership with Eastern Health.
Inner East Community Finance Limited
Inner East Community Finance Ltd who operate Community Bank Inner East has signed a partnership agreement with Eastern Health, officially launching a two-year partnership worth $200K per year for Eastern Health Box Hill.
In the first year of partnership, funds will support the Eastern Health Research Forum and at least five Eastern Health Research and Innovation Grants. Funding will also be used for training of nursing, medical and allied health staff and urgent equipment support for the Box Hill Emergency Department and Maternity Ward.
Eastern Health Chief Executive Adj Prof David Plunkett said, ‘We are pleased to partner with Inner East Community Finance, whose generous commitment will enhance our ability to deliver high quality care to the community we serve. This partnership is a testament to the shared vision of improving patient outcomes and fostering innovation in healthcare.’
Adj Clin A/Prof Paul Buntine, the Executive Sponsor of the partnership commented on its significance. ‘Partnerships like these help us empower our staff. By investing in research, innovation, and staff training, we are equipping our teams with the tools they need to make meaningful improvements in consumer care. We thank Inner East Community Finance for this exciting partnership.’
Bob Stensholt, Chair of Inner East Community Finance, reflected on the reasons for entering the agreement. ‘Our partnership with Eastern Health was motivated by a strong desire to increase our business’s impact in the health sector and to ensure that high-quality public health services remain accessible to all residents of Inner East Community Finance Limited Melbourne’s Inner East, both now and in the future’.
‘The funds we have contributed will lead to immediate, tangible improvements, including the acquisition of new equipment. Additionally, our investment in Research and Innovation Grants and staff training will equip Eastern Health employees to deliver the best possible outcomes for patients.’
Nick Coker, CEO of Community Bank Inner East, explained, ‘Along with our support for equipment, training, and research grants, our branches and staff are here to offer personalised financial services to all Eastern Health employees. We provide a full range of banking and financial products at competitive rates, with tailored services to meet the unique needs of Eastern Health staff.’
Inner East Community Finance is the operator of Community Bank Inner East, a franchisee of Bendigo and Adelaide Bank Ltd, with branches located in Ashburton, Balwyn, Canterbury & Surrey Hills. As a Community Bank, sixty percent of profit is directed back to the local community through sponsorships and grants.
Featured image source: https://www.bendigobank.com.au/community/