Member Matters January 2020

 

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 ceo2019

 

I would like to take this opportunity to wish our members a very safe and prosperous new year. We hope you have had the chance to unwind and spend some time with your family and friends.

A new year always brings new resolutions and it’s a great time to assess what you would like to get out of the upcoming year. In this edition, we have included some financial new year resolutions that you can make to help you save and get ahead.

2019 saw us deliver Apple Pay and Google Pay, a new transaction account to help simplify banking for our members and we were able to help over 200 members to move into their first home. We also recorded a member satisfaction score of 96%, improving on our score from last year.

After such a successful year, we are excited for the opportunities 2020 will bring.  We are looking forward to further strengthening our commitment to Victoria’s first responders and are pleased to be supporting numerous events in the new year including the Monash Children’s Walk, the Angela Taylor Walk and the Good Friday Appeal.

I am also delighted to share that this year we will be working on a number of projects that will allow us to deliver more improved products and technology for our members as we continue to strive to be the most trusted financial institution for Victoria’s Police, Health, Emergency and Public Service communities.

Michael Liu


 

BankVic news

BankVic AGM

On Thursday 14 November, BankVic held its 44th Annual General Meeting. During proceedings, CEO Anthony De Fazio shared a number of highlights for 2019 including strong financial results, a contribution of over $400,000 to our communities and sponsorships and a member satisfaction of 96%.

BankVic AGM Pictured: BankVic CEO Anthony De Fazio and BankVic board member Marianne Luttick at the 2019 AGM.

RCH 150 YEARS

BankVic is proud to support the Hospital Heroes Gallery as part of The Royal Children’s Hospital’s (RCH) 150th anniversary in 2020. Through photographs and portraits, the Hospital Heroes Gallery will tell just some of the stories of the many unsung heroes whose passion and dedication has ensured the RCH remains one of the world’s leading paediatric hospitals.

Throughout the year, four exhibitions will spotlight the staff, researchers, volunteers, fundraisers, donors, and patients and their families, sharing the overarching theme of ‘this is the hospital that we built’.

The gallery will open from 5 February 2020. If you wish to help celebrate 150 years of care, visit the Hospital Heroes Gallery at 48 Flemington Road Parkville, just outside our Royal Children’s Hospital branch.

RCH 150 years


 

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Wall to Wall Pictured: Anthony De Fazio, BankVic CEO, Lauren Callaway, VPL Chair, Matthew Patterson, Police Legatee, Lex De Man, VPL CEO and others at the beginning of the 2019 Wall to Wall Ride for Remembrance.


WALL TO WALL RIDE FOR REMEMBRANCE

On Friday September 13, CEO Anthony De Fazio and the BankVic team embarked on the Wall to Wall Ride for Remembrance alongside Victoria Police. This year marked the 10th anniversary of the ride and BankVic was honoured to support it and pay tribute to the service and sacrifice of our fallen heroes.

 

BLUE RIBBON  FOUNDATION BALL 

The BankVic Executive team and Board were thankful to attend the Blue Ribbon Foundation Charity Ball on  Friday 22 November, a memorable night raising funds for the Angliss Hospital. We’re always glad to pay tribute to the members of Victoria Police who serve our community.

Blue Ribbon Foundation Ball

Pictured: The Blue Ribbon Foundation Ball event held at Palladium at Crown.

BLUE LIGHT GALA

On Friday 8 November, the BankVic team had a great night out at the Blue Light Victoria’s inaugural Blue Light Gala Night. BankVic Director and Blue Light President Deb Robertson, Chief Commissioner Graham Ashton and our CEO Anthony De Fazio presented at the event, and recognised the importance of organisations like Blue Light Victoria, who strive to address the needs of ‘at risk’ youth and assisting them in becoming the best they can be.

As always, we’re thankful for  the opportunity to support our  community partners this way.

Blue Light Gala

Pictured: BankVic CEO, Anthony De Fazio presenting  at the Blue Light Gala Night.


 

Emergency Services Champion

 

AS PART OF BANKVIC’S SPONSORSHIP OF HAWTHORN FOOTBALL CLUB’S EMERGENCY SERVICES MATCH WITHIN THE 2019 TOYOTA AFL PREMIERSHIP SEASON, WE HAD THE OPPORTUNITY TO PRESENT A CHAMPION FROM THE EMERGENCY SERVICES SECTOR TO BE CELEBRATED AT EACH HAWTHORN HOME GAME. WE SPOKE TO ANTHONY TO FIND OUT MORE ABOUT WHAT HE DOES

BV: What do you currently do at ESTA, Anthony?

AJ: I’m a trained dispatcher and I’m currently working in a Delivery Change Position, helping to deliver change for the Victorian Fire Services across the state.

BV: What did it mean to be announced as a BankVic Emergency Services Champion?

AJ: Being out on the field was an incredibly daunting and humbling experience, with 30,000 people sitting in the stands. Being on the big screen, handing the ball over to the umpire was just an incredibly great thing to do.

BV: What or who inspired you to join ESTA?

AJ: My dad joined the Berwick Fire Brigade the day after Ash Wednesday in 1983. Being involved in that environment and seeing the teamwork and everything needed to deal with these situations just made me want to do more.

BV: What’s the most satisfying thing about working for ESTA and helping the community?

AJ: The most satisfying thing about working at ESTA is being a part of the Emergency Services team and helping to co-ordinate everything from the public’s call to help, through to helping out the Emergency Services when they get there and deal with the problem.

BV: If you were to speak to someone thinking about joining ESTA what would your advice be?

AJ: It’s very cliched but with the whole helping the community thing, you really get into the vibe of working in this environment and the people you work with, combining to help people and it’s just an incredibly rewarding thing to do every day.

BV: Do you see a correlation between the teamwork you do working at ESTA and that of being a player in an AFL team like the Hawthorn Football Club?

AJ: The correlation is intrinsic; in everything we do, the teamwork, from the public who call 000, the call takers, the despatchers, and the Emergency Services on scene all working together to help when it’s needed.

AJ  To everyone who works in the Emergency Services  area and the Emergency Services family, I want to say thank you. I see what you do, day in and day out.  I see what you sacrifice and what you put on the line and just being a small part of that is incredibly humbling. It makes me grateful to be a part of this amazing community.

 


 

THE START OF A NEW YEAR IS A GREAT TIME TO FOCUS ON YOUR FINANCIAL FITNESS, AND JUST LIKE ANY OTHER NEW YEAR’S RESOLUTION, FINANCIAL GOALS NEED TO BE REALISTIC AND ACHIEVABLE. OUR TOP FINANCE RESOLUTIONS FOR 2020 MAY BE SIMPLE TO ACTION, BUT THEY WILL PACK A REAL FINANCIAL PUNCH IF YOU CAN STICK TO THEM FOR 12 MONTHS.

1. SET UP AN AUTOMATIC SAVINGS PLAN

This is a set and forget task that could set you up for savings success. You could open a high interest savings account and have a nominated amount transferred every pay day. As your savings grow, pledge to keep a minimum balance as your emergency fund. If you’re hit with an unexpected expense, you can use the savings you’ve built.

2. MAKE BETTER USE OF YOUR CREDIT CARD

Use your credit card more wisely in 2020 by paying off the entire balance each month. If you frequently pay with a credit card, take full advantage of any loyalty or rewards program to redeem gift cards, flights and so on. Many Australians have more than one credit card. If this is you, you could look at consolidating all your cards into one. You might be able to manage any lingering debt by using a zero interest balance transfer or interest-free introductory offer. Yes, it’s a bit of a hassle to swap all your recurring payments, but the savings could be well worth the effort.

3.  PAY YOUR BILLS ON PAYDAY

Be disciplined about paying your bills on payday and limiting your discretionary spending to the funds you have left. It can help to set up direct debits to pay your bills. That way, they’ll be paid automatically when they’re due, you’ll save yourself time and also get a clearer picture of how much cash you have spare for the rest of the month.

4. BOOST YOUR FINANCIAL LITERACY

Money management isn’t routinely taught in schools, so you could be one of the many Australians who lack confidence around managing their personal finances. Getting a handle on the essentials may seem like a daunting task, but you really only need to commit to half an hour a week to boost your financial knowledge. In that time, you could read a chapter of a popular book like The Barefoot Investor or A Real Girl’s Guide to Money, or check out leading blogs like the Aussie Finance Blog or MoneyMag. Not a fan of reading? Listen to a podcast when you’re on the move. We like The Australian Finance Podcast and She’s On The Money.

5. SAVE UP FOR SOMETHING YOU REALLY WANT

Discipline deserves a reward. You’re much more likely to stick to your resolutions if you allow yourself a treat. You could allocate part of your savings to fund a holiday. Or you could update your furniture or wardrobe. Having saved for these items can give you a sense of achievement and will keep you motivated well into 2020



 

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Visit bankvic.com.au/update



 

This information in this article is general in nature and does not take into account your personal situation or needs. Please consider whether it’s appropriate for you before acting on this information. 7077bv