Our Vision and Mission
Our vision is to generate positive Social Impact through aggregating and applying capital solutions through the adoption and promotion of Fourth Sector principles.
Our mission is to enhance the capacity and capability of the community sector to deliver positive Social Impact through the creation and aggregation of capital. This is achieved by providing both banking and non-banking services and through the application of capital to projects and products that deliver positive social impacts.
CSB performs a number of roles
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Agent for social change
- Aggregator of demand
- Innovator
- Facilitator
- Collaborator
- Solutions provider
CSB adheres to and promotes Fourth Sector principles
Fourth Sector (or For Benefit) organisations are driven by a social purpose, are economically self-sustaining and strive to be socially, ethically and environmentally responsible.
Fourth Sector organisations generate social impact by delivering beneficial products and services that improve quality of life for consumers, create jobs and contribute to the economy.
CSB also has links with international social banking organisations and contributes to the development of new approaches to harness and enhance social investment worldwide.
The commitment of CSB to the development and enhancement of the community sector in Australia is evidenced by the range of capacity-building initiatives that it has developed. These include:
- Micro-finance facility to assist people with low incomes to access credit - with low risk to borrowers
- Affordable housing solutions that address the demand for home ownership through a rent-buy model
- Social and economic development of Indigenous communities
- Funded lifetime saving initiative for children as a society-building investment
- Child care solutions that deliver enhanced community facilities
- Centralised resource that provides a full suite of motor vehicle fleet management services for not-for-profit organisations – Community Fleet Services
- Funds management services
- Specialist insurance products for not-for-profit organisations
- Telco/IT connectivity solutions
- Cash management and term deposit facilities that provide attractive returns
- Salary Benefit Card that simplifies the management of salary packaged fringe benefits for organisations and their employees
- Mechanism for organisations with Deductible Gift Recipient (DGR) tax status to optimise benefits from Gift Fund accounts