The Flood Relief Program saw an overwhelming response, with nearly 900 applications in round one and more than 700 in round two, highlighting the scale of need across the community.
Funding played a vital role in helping families get back on their feet and has been widely recognised as a significant boost to Rochester’s recovery.
Of the total, $250,000 matched funds already raised by Rochester Community House and was distributed to families whose homes were flooded.
A further $150,000 was set aside as a bonus payment pool for community bank customers, acknowledging their role in making the funding possible.
For many households, the support provided immediate relief during a time of immense uncertainty by covering essential expenses, replacing damaged belongings and easing financial pressure as families rebuilt their homes and lives.
After the program, about $36,550 remained unallocated from the customer bonus pool.
In line with the original agreement, these funds have been returned to the community bank to be reinvested into future community initiatives across the district.
Community Bank executive officer Lauren Ross said the initiative highlighted the strength of local banking.
“Our customers make this level of support possible. Around 80 per cent of the profits generated through our banking services are returned directly to our community,” she said.
“This flood recovery program is a powerful example of how banking locally creates meaningful impact.”
The community bank continues to support Rochester and surrounding communities, investing in projects, events and initiatives that help the region thrive.
