The partnership will see Bendigo Bank open an on-campus Community Bank at the Swinburne University of Technology’s Hawthorn campus in Melbourne in the coming months, with profits to be reinvested into scholarship programs, research funding grants, sustainable infrastructure, and local clubs and societies.
Swinburne vice-chancellor and professor Linda Kristjanson said: “The partnership supports our commitment to create social and economic impact within our university and the broader community… as an industry-connected university that engages staff and students with business.
“Creating partnerships with industry leaders presents opportunities to connect our students and our research with real-time experience, innovation and learning.”
According to the university, the partnership could lead to the co-creation of masters courses and collaborative research undertakings while boosting career development support for Bendigo Bank and industry engagement opportunities for Swinburne university students.
Bendigo and Adelaide Bank managing director Marnie Baker said: “Our strategic partnership with Swinburne… represents a further opportunity to build on our partnerships and share value by feeding into the prosperity of the tertiary education sector.”
According to Ms Baker, the non-major bank will “accelerate” learning and career development opportunities for tertiary students, through programs that engage multiple disciplines within Swinburne University’s academic sphere.
“This new agreement will help us build on our own knowledge base and internal capability, improve productivity and customer experience, and assist in accelerating our vision to be Australia’s bank of choice,” she added.