The discovery of this blacklist opens a particularly nasty can of worms for Bendigo Bank. The second biggest headache it creates for the bank is that Bendigo, the city from which Bendigo Bank takes its name and where it has its head office, was built on gold mining. Is this the future of lending at Bendigo Bank, where AI-driven processes have more power than the local bank manager? Bendigo Bank is about to close a once profitable community bank in Queenstown that it took over two years ago and now says is not worth keeping open. In Queenstown, there are just over 200 Bendigo Bank customers who can’t do digital banking.