CCBR Business Review

12 In 1966 Elcom Credit Union was founded to service employees of the Electricity Commission of NSW’s power station employees at Vales Point, Munmorah and Eraring and moved their Head Office to Gorokan in the 1990’s In 2007 Elcom Credit Union merged with Community First Credit Union and today has a membership base of 54,599 of which 5,300 are members through the Erina Branch and 5,000 through Gorokan Branch. Regional Manager is Natalie Kamphuis who is responsible for Erina and Gorokan branches. In 2019 Community First Credit Union was granted a banking license. New owner for Lakeside Newsagency Phillip and Lyn Chan have sold Lakeside Newsagency at The Entrance after 20 years of ownership. This newsagency was a sub-agency of the original The Entrance Newsagency. B U S I N E S S B R I E F S WHYBUSINESSOWNERSONTHE CENTRAL COAST CHOOSE CCBR TOGROWTHEIR BUSINESS ✓ They can reach over 20,000 business readers every month. ✓ Most widely read and trusted business publication on the Central Coast. ✓ The repetition of your ad every month means readers will get to know you and remember you. ✓ Independent surveys show 94% of readers will use the CCBR for reference when looking for suppliers. ✓ The quality of the publication and the content means readers retain the CCBR for future reference. It’s simple. Call Edgar Adams now on 0404 472 571 or Email: edgaradams@ccbusinessreview.com.au When property developer Bob Dunnet built Lakeside Plaza in the late 70’s the subagency opened. This gave room for the original newsagency to expand into educational books that supplied all the local schools and universities and it wasn’t long before Lakeside Newsagency became a fully fledged newsagent in its own right, and as the educational books business grew the newsagency was relocated to the northern end of the Entrance Road. Lakeside Plaza Newsagency relocated within the Plaza last year for the third time and is now located with a brand new fitout, outside of Coles Supermarket. The business has a has a very high Lotto turnover. The purchaser is Annie Yang Jing who has a retail background and she intends to make no changes to this very successful newsagency. Graham and Scott McMullen negotiated the sale which was the 4th time they have sold the business. Tuggerah Super Centre Manager to continue following sale Tuggerah Super Centre Manager, Vicki Westwood will continue to manage centre with HMC Capital appointing her Retail Manager. Ms Westwood has been involved in the management of the Centre from the time when it was developed and owned by Terrace Tower Group is 2007. The Community First Bank (formerly Community First Credit Union) has relocated its Erina Branch from Erina Fair to the Platinum Building, Erina. Community First was founded sixty years ago as the Sydney Water Board Credit Union, subsequently becoming Community First Credit Union as it expanded. Community First Bank relocates to Platinum Erina Community First Bank Regional Manager, Natalie Kamphuis at the Bank’s new Platinum Erina location CENTRAL COAST BUSINESS REVIEW JUNE 2022

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