Payout for SSKB Bodies Corporate


It’s that time of year again – Bendigo Bank (Bundall) and SSKB are very pleased to announce that the semi-annual Community Dividend for the period Jan 1  to June 30 2013,  has now been paid to 352 body corporate associations, totaling a massive $$49,889.76  

Since the commencement of the joint venture between the Bendigo Bank Bundall branch and SSKB in 2005, more than $687, 000 in Community Dividends have been paid to various SSKB managed body corporate associations. This money has been used by owners to help reduce their levies, refurbish common areas and even support local charities.

Dividend payments to the eligible SSKB managed Body Corporate  Associations was completed on July 17, 2013.

The following is an example of the dividend at work (calculated at 0.15%p.a.)

Accounts with Bendigo Bank

Value

Total

Community Dividend

Admin & Sinking Fund

$150, 000

$150, 000

$225

4 x Home Loans

$250, 000

$1, 000, 000

$1, 500

20 x Savings Accounts

$5, 000

$100, 000

$150

2 x Home Loans for additional investment properties

$250, 000

$500, 000

$750

Loan for Management rights

$500, 000

$500, 000

$750

Total

 

 

$3, 375

 

To find out how your community can start benefiting from the Community Dividend Scheme contact sskb@sskb.com.au today!

 



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Recent Comments

1 Comment

June ROE On January 13, 2014 | Reply

Our Body Corp Committee requires details of the above Community Dividend Scheme. We are also looking at establishing a Term Deposit.
Please let me know what is required. Regards, June Roe 0295259613 or 0407106718.

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