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Collapse Issue 268 - 27 Jun 2011Issue 268 - 27 Jun 2011
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Cohesion required at community bank

Your leading article (Peninsula News, 30 May 2011) regarding Ettalong Beach Community Bank provides an unbalanced and misleading representation of that branch's successes and achievements, and doesn't reflect the current position.

Following the annual meeting of November 2010, as you have reported, new directors have indeed been elected and appointed, and have made significant contributions in driving the business forward.

Your article recants from the Fairfax story "of a savage board dispute" and "disputes where donations would go".

To set the record straight, the only savage dispute has only been between Debra and Matthew Wales and myself, and almost anything I sought to achieve as chairman.

A lack of interest by some former directors in matters that didn't provide personal public profile has not helped in building the business.

Directors of community banks are volunteer positions that require time and dedication, but most importantly cohesion among members who are working towards common goals.

Unfortunately that has not always been achieved in the past although I am reliably informed it is now the case.

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