Glen Forrest success with ANZ
The Glen Forrest Bowling Club is the first club to enjoy a cash injection through the ANZ Bank loan referral program. Presented by ANZ Bank representative Marie Anderson at the Bowls WA Annual General Meeting, the cheque for $931.03 was the result of a member simply having a loan approved by the Bank, with the club benefiting from the deal.
To re-cap the Bank will pass on 0.3% of a residential home loan to a Club if the customer notes the club’s interest at the commencement of the process. In fact it does not even have to be a member of the club – simply a loan customer who notes the bowling club as the beneficiary should the loan receive approval.
There are even greater benefits available for rural loans or refinancing !
Bowls WA CEO Ken Pride has been surprised that it has taken 12 months for a club to benefit from the program.
“Within the wider bowling community and their extended family and friends I find it hard to believe the ANZ has not approved a loan to one of them over the past 12 months – and if it has the local club has certainly missed out.”
He added “these are not insignificant amounts and really do represent an opportunity for clubs to boost their income. It is simply a matter of awareness and continually spreading the word from the club members to as many people as they can.”
The program which has seen significant dollars passed onto clubs in South Australia over the past 18 months is now beginning to gain traction, with a number of loan applications in the pipeline – and from that easy money for clubs.
Further information is available from Bowls WA, or by referring to the program when first discussing your loan requirements with your ANZ Bank representative.
