land
bankmecu operates a number of premises in metropolitan and regional areas throughout Australia. For business purposes, bankmecu utilised 9,174.89 square metres (m2) of land, including 2,029 m2 of car park space. bankmecu owns approximately 73% of premises and the remainder are leased. bankmecu’s land footprint is small because the Credit Union encourages customers to bank using remote channel access including automated Telephone Banking and Internet Banking systems.
In addition to land occupied for banking operations, bankmecu owns 657 hectares in Victoria’s West Wimmera. The land is being utilised as a Conservation Landbank, with a view to protecting and enhancing its biodiversity value while sequestering carbon from the atmosphere. Read more in Chapter 8 ‘bankmecu’s Conservation Landbank’.