The Greater Bank’s 75-year anniversary celebrations launched in Lake Macquarie when members of the community joined Lake Macquarie City Council staff at Cockle Creek to plant the first of 10,000 trees earmarked for the area.
The financial institution, which has been servicing Lake Macquarie since 1954, launched its milestone campaign in August 2020 with the aim of planting 75,000 trees across its region of operations.
A total of 11,500 of these trees will be planted in the Lake Macquarie area.
The Cockle Creek site marks the biggest project in the region and it will bring the overall number of trees planted to 54,000 out of the 75,000 pledged for the initiative.
The planting will help protect the deterioration of the creek during future storm events and restore parts of the waterway damaged by industrial activity.
It’ll also increase available fauna habitat for a range of species known to occur in the area, including a number of threatened and migratory genus such as the squirrel glider, Latham’s snipe, white-bellied sea-eagle, eastern osprey and grey-headed flying-fox.
Attending the planting, Lake Macquarie City mayor Kay Fraser said the projects undertaken by Greater Bank were set to have a positive impact on the local environment.
“The 10,000 trees, shrubs and grasses being planted today (Tuesday 18 May) will significantly assist in restoring and maintaining a healthy ecosystem at Cockle Creek,” she explained.
“I want to thank Greater Bank’s management and staff for their commitment to the preservation of our natural environment.
“This valuable initiative will deliver significant benefits to our community for many years to come.”
Greater Bank’s head of marketing and customer experience Matt Hingston said the tree planting projects were symbolic of the role the bank had played in growing together with its communities over the past 75 years.
“We chose to plant 75,000 trees because protecting and nurturing the environment is something that we know that customers right across our areas of operations, including here in Lake Macquarie, are passionate about,” he stated.
“As these 11,150 trees grow, they will not only enhance the local environment but also provide an enduring symbol of our commitment to social responsibility and sustained support of local communities.
“We’d like to thank Lake Macquarie City Council, their elected representatives and staff, for the important role they have played in bringing these projects to life and also ensuring that our vision complements and supports the local habitats.”
Greater Bank’s 75-year anniversary project will continue to be rolled out over the next two months, including major plantings in the Newcastle region to wrap it all up.
Beyond the flora regeneration of the respective sites across regional NSW, collectively, the 75,000 trees will have the capacity to absorb 1,650,000kgs of carbon dioxide each year.
That offsets 97 people per year and emissions from 600 cars.