Shares in NCEL are available for purchase in 2025.
Please see information on the Low Volume Share Market here
Nightcliff Community Enterprises Limited (NCEL) is a local company owned by around 300 shareholders which was established specifically to provide a Community Bank in Nightcliff for the people of Darwin.
NCEL has been able to provide more than $1,000,000 in support to the Nightcliff community to date and this will increase as the bank grows with community support.
2010 Chairman at AGMWhen Nightcliff NAB closed its doors in 2006 the area was left without any banking services. A group of local business owners began discussions to discover whether it was feasible to establish a bank using the Bendigo Bank Community Bank model.
After initial discussions with the Bendigo Bank a steering committee was set up to raise the capital needed to have a formal feasibility study done and meet legal and set-up costs.
Supporting local band "Skarlett"Many months of work by volunteers followed to find people willing to invest in the future of Nightcliff and the northern suburbs.
Apart from the obvious need for banking facilities, the promise of bank profits being returned to the local community proved to be a pivotal factor.
When the feasibility study returned a positive result Nightcliff Community Enterprises Limited was established with a list of around 300 local shareholders and a Board of Directors with a cross section of community and business experience.
Although the initial share offer was fully subscibed, packets of shares do become available from time to time. Information on NCEL shares.
Fran and Jeff present the 2014 AGM cheque to WIMS
Fannie Bay History and Heritage SocietyThe 2024 AGM for NCEL will be held at the Darwin Trailer Boat Club
28 November at 6.00pm
Annual Reports are available here
A $1000 donation is raffled on the night with the winner able to direct the prize to their favourite local charity. (Conditions apply)
The NCEL Board of Directors are all volunteers who provide their experience and time to help the Nightcliff Community Bank grow.
Local people who feel they could contribute to this board are welcome to contact the Chairman for an initial discussion.
Sharka donated the $1000 AGM door prize to NT Legacy.2024 Report on Social Enterprises (RISE)
Nightcliff Community Enterprises Ltd,
T/A
Community Bank Nightcliff
Qualifies as a Social Trader because it provides up to 80% of profits to local organisations.
You can help develop more community support simply by using the services provided by your local Community Bank..
14 Years of Support for the Annual Nightcliff Bowls Competition
Sponsored BMX Bikes for Kids
Supporting Fannie Bay Equestrian Club
$1000 donation to Retina Australia
Helping TWHF support Australian Ovarian Cancer researchKeep up with the news with a subscription to
Nightcliff Community Newsletter
NTeen Fashion Festival 2019. It offers opportunities for the Youth of the Northern Territory to engage, learn and grow
Nightcliff Community Toy donations to RDH 2019
New Tigers scoreboard
See the Magnificent Community Mural at Tactile Arts
Open Category Winner 2015
Supporting Nightcliff Youth
Netball 2016
Darwin Hospice