In a move indicative of the changing banking landscape, the National Australia Bank (NAB) has recently announced its decision to close five branches nationwide next year.

This decision, part of the bank's broader restructuring efforts, has been met with significant backlash from the community. Concerns are particularly focused on the impact this will have on access to essential banking services in the affected areas.

The branches set to close their doors on March 7, 2024, are Tuggeranong in the Australian Capital Territory (ACT), Scone in New South Wales (NSW), Emerald in Greater Melbourne, Runaway Bay on the Gold Coast, and Balmain in Sydney.

Krissie Jones, NAB Retail Executive, explained that the increasing shift towards online banking drove the decision to close these branches.

The NAB branch in Scone, NSW, is one of the five branches that will close next year. Credit: Google Maps

'While we understand some people will be disappointed, this decision was made after looking closely at the number of customers using these branches and the increased use of digital banking in the area,' Ms Jones said.

‘Just as people are using online government services to complete their tax or a Medicare claim, locals in these areas are increasingly choosing to bank digitally because it’s often more convenient,’ she added.

However, the Financial Sector Union (FSU), who were notified of the closures last month, has criticised the timing of the announcement, which comes just before Christmas—a time when many households are grappling with the cost-of-living pressures.

Julia Angrisano, FSU National Secretary, described the closures as a 'betrayal’ and expressed concern about its impact on the community.

‘Closing these banks is a betrayal of the community and staff in these areas and will make banking harder for older people, businesses and anyone who needs to speak to a banker face-to-face,’ she stated.

‘It is a disgrace that NAB continues to aggressively pursue its branch closure strategy without genuine community engagement or employee consultation,’ she continued.

In response to the criticism, NAB has emphasised that no jobs will be lost as a result of the closures. Employees from the closing branches will be transferred to other roles within the bank.

This is not the first time NAB has announced branch closure. In the past six months, 30 regional branches have been closed.

This new announcement comes in the middle of an ongoing Senate inquiry into regional bank closures. The inquiry was launched in February 2023 in response to the closure of more than 1,600 regional bank branches over six years.

It was also previously reported that Australia’s biggest banks were allegedly charging high fees for over-the-counter transactions to discourage branch usage. Business customers from ANZ, Westpac, Commonwealth Bank and NAB have claimed to have been charged hefty fees for teller-assisted transactions. You can read the full article here.

The Impact of Branch Closures on the Community

While the rise of digital banking has certainly made managing finances more convenient for many, the closure of physical branches can have a significant impact on certain segments of the community. Older Australians, in particular, who may not be as comfortable with digital banking, can find these closures particularly challenging.

Moreover, businesses that deal with cash transactions and need to make regular deposits can also be affected. Closing local branches can mean longer travel times to the nearest branch, adding to the operational challenges of running a business.

Despite the convenience of digital banking, there's something to be said about the human touch in banking. Face-to-face interactions with bank staff can often make complex financial matters easier to understand.

For those navigating significant financial decisions, such as applying for a mortgage or planning for retirement, having a trusted banker to speak to can be invaluable.

Key Takeaways

• National Australia Bank (NAB) will close five branches across ACT, NSW, VIC, and the Gold Coast on March 7, 2024.
  
• The closures have been criticised by the Financial Sector Union (FSU) as a 'betrayal of the community', especially given the timing before Christmas.
  
• No jobs will be lost, with employees of closing branches to be transferred to other positions within the bank. Customers can use Australia Post stores for certain services.
  
• The announcement comes amid an ongoing Senate inquiry into regional bank closures, launched due to the closure of more than 1,600 regional bank branches in six years.
  

What are your thoughts on these branch closures, members? Have you been affected by a similar situation? Share your experiences and join the conversation below.

 

[Hmee]

We are extremely disappointed with the NAB. As long standing customers, and shareholders, we have suffered our local branch in Brisbane being closed for a few years now. What also annoys me is that I don’t hear of the CEO and other “top” employees having their salaries reduced. Why rob a bank when you can steal the money through unnecessarily high wages. There should be a study into what they actually do and what actual salary they deserve. It is about time an investigation is made.

 

[Luckyus]

In a move indicative of the changing banking landscape, the National Australia Bank (NAB) has recently announced its decision to close five branches nationwide next year.

This decision, part of the bank's broader restructuring efforts, has been met with significant backlash from the community. Concerns are particularly focused on the impact this will have on access to essential banking services in the affected areas.

The branches set to close their doors on March 7, 2024, are Tuggeranong in the Australian Capital Territory (ACT), Scone in New South Wales (NSW), Emerald in Greater Melbourne, Runaway Bay on the Gold Coast, and Balmain in Sydney.

Krissie Jones, NAB Retail Executive, explained that the increasing shift towards online banking drove the decision to close these branches.

View attachment 36207

The NAB branch in Scone, NSW, is one of the five branches that will close next year. Credit: Google Maps

'While we understand some people will be disappointed, this decision was made after looking closely at the number of customers using these branches and the increased use of digital banking in the area,' Ms Jones said.

‘Just as people are using online government services to complete their tax or a Medicare claim, locals in these areas are increasingly choosing to bank digitally because it’s often more convenient,’ she added.

However, the Financial Sector Union (FSU), who were notified of the closures last month, has criticised the timing of the announcement, which comes just before Christmas—a time when many households are grappling with the cost-of-living pressures.

Julia Angrisano, FSU National Secretary, described the closures as a 'betrayal’ and expressed concern about its impact on the community.

‘Closing these banks is a betrayal of the community and staff in these areas and will make banking harder for older people, businesses and anyone who needs to speak to a banker face-to-face,’ she stated.

‘It is a disgrace that NAB continues to aggressively pursue its branch closure strategy without genuine community engagement or employee consultation,’ she continued.

In response to the criticism, NAB has emphasised that no jobs will be lost as a result of the closures. Employees from the closing branches will be transferred to other roles within the bank.

This is not the first time NAB has announced branch closure. In the past six months, 30 regional branches have been closed.

This new announcement comes in the middle of an ongoing Senate inquiry into regional bank closures. The inquiry was launched in February 2023 in response to the closure of more than 1,600 regional bank branches over six years.

It was also previously reported that Australia’s biggest banks were allegedly charging high fees for over-the-counter transactions to discourage branch usage. Business customers from ANZ, Westpac, Commonwealth Bank and NAB have claimed to have been charged hefty fees for teller-assisted transactions. You can read the full article here.

The Impact of Branch Closures on the Community

While the rise of digital banking has certainly made managing finances more convenient for many, the closure of physical branches can have a significant impact on certain segments of the community. Older Australians, in particular, who may not be as comfortable with digital banking, can find these closures particularly challenging.

Moreover, businesses that deal with cash transactions and need to make regular deposits can also be affected. Closing local branches can mean longer travel times to the nearest branch, adding to the operational challenges of running a business.

Despite the convenience of digital banking, there's something to be said about the human touch in banking. Face-to-face interactions with bank staff can often make complex financial matters easier to understand.

For those navigating significant financial decisions, such as applying for a mortgage or planning for retirement, having a trusted banker to speak to can be invaluable.

Key Takeaways

• National Australia Bank (NAB) will close five branches across ACT, NSW, VIC, and the Gold Coast on March 7, 2024.
• The closures have been criticised by the Financial Sector Union (FSU) as a 'betrayal of the community', especially given the timing before Christmas.
• No jobs will be lost, with employees of closing branches to be transferred to other positions within the bank. Customers can use Australia Post stores for certain services.
• The announcement comes amid an ongoing Senate inquiry into regional bank closures, launched due to the closure of more than 1,600 regional bank branches in six years.

What are your thoughts on these branch closures, members? Have you been affected by a similar situation? Share your experiences and join the conversation below.

The thin edge of the wedge?

 

[darrellh]

Our local NAB bank has recently closed at Maddington in WA and another one in the area at Bullcreek is closed for refurbishment. Great timing! Should have waited for Bullcreek to be finished before closing Maddington. Oh hang on a minute someone in NAB would have needed some common sense!

 

[JedCorella]

They, banks and governments, want a cashless society. "Cashless means control!!" Just think every transaction will have to go though a bank will have some kind of fee! What happens when the power is out? You can't pay for anything. The 2019 bushfires was a good example. The service station had no power or communication. They had a generator to pump fuel but unless you had cash you could not get fuel. Great when you are trying to escape from a fire.
START USING CASH, because if you don't they will take it away and once it's gone we will never get it back.

 

[Swizzle]

In a move indicative of the changing banking landscape, the National Australia Bank (NAB) has recently announced its decision to close five branches nationwide next year.

This decision, part of the bank's broader restructuring efforts, has been met with significant backlash from the community. Concerns are particularly focused on the impact this will have on access to essential banking services in the affected areas.

The branches set to close their doors on March 7, 2024, are Tuggeranong in the Australian Capital Territory (ACT), Scone in New South Wales (NSW), Emerald in Greater Melbourne, Runaway Bay on the Gold Coast, and Balmain in Sydney.

Krissie Jones, NAB Retail Executive, explained that the increasing shift towards online banking drove the decision to close these branches.

View attachment 36207

The NAB branch in Scone, NSW, is one of the five branches that will close next year. Credit: Google Maps

'While we understand some people will be disappointed, this decision was made after looking closely at the number of customers using these branches and the increased use of digital banking in the area,' Ms Jones said.

‘Just as people are using online government services to complete their tax or a Medicare claim, locals in these areas are increasingly choosing to bank digitally because it’s often more convenient,’ she added.

However, the Financial Sector Union (FSU), who were notified of the closures last month, has criticised the timing of the announcement, which comes just before Christmas—a time when many households are grappling with the cost-of-living pressures.

Julia Angrisano, FSU National Secretary, described the closures as a 'betrayal’ and expressed concern about its impact on the community.

‘Closing these banks is a betrayal of the community and staff in these areas and will make banking harder for older people, businesses and anyone who needs to speak to a banker face-to-face,’ she stated.

‘It is a disgrace that NAB continues to aggressively pursue its branch closure strategy without genuine community engagement or employee consultation,’ she continued.

In response to the criticism, NAB has emphasised that no jobs will be lost as a result of the closures. Employees from the closing branches will be transferred to other roles within the bank.

This is not the first time NAB has announced branch closure. In the past six months, 30 regional branches have been closed.

This new announcement comes in the middle of an ongoing Senate inquiry into regional bank closures. The inquiry was launched in February 2023 in response to the closure of more than 1,600 regional bank branches over six years.

It was also previously reported that Australia’s biggest banks were allegedly charging high fees for over-the-counter transactions to discourage branch usage. Business customers from ANZ, Westpac, Commonwealth Bank and NAB have claimed to have been charged hefty fees for teller-assisted transactions. You can read the full article here.

The Impact of Branch Closures on the Community

While the rise of digital banking has certainly made managing finances more convenient for many, the closure of physical branches can have a significant impact on certain segments of the community. Older Australians, in particular, who may not be as comfortable with digital banking, can find these closures particularly challenging.

Moreover, businesses that deal with cash transactions and need to make regular deposits can also be affected. Closing local branches can mean longer travel times to the nearest branch, adding to the operational challenges of running a business.

Despite the convenience of digital banking, there's something to be said about the human touch in banking. Face-to-face interactions with bank staff can often make complex financial matters easier to understand.

For those navigating significant financial decisions, such as applying for a mortgage or planning for retirement, having a trusted banker to speak to can be invaluable.

Key Takeaways

• National Australia Bank (NAB) will close five branches across ACT, NSW, VIC, and the Gold Coast on March 7, 2024.
• The closures have been criticised by the Financial Sector Union (FSU) as a 'betrayal of the community', especially given the timing before Christmas.
• No jobs will be lost, with employees of closing branches to be transferred to other positions within the bank. Customers can use Australia Post stores for certain services.
• The announcement comes amid an ongoing Senate inquiry into regional bank closures, launched due to the closure of more than 1,600 regional bank branches in six years.

What are your thoughts on these branch closures, members? Have you been affected by a similar situation? Share your experiences and join the conversation below.

I find this amazing. First they push and push to get you to do internet banking and now because we are doing what they have pushed for, this is now the reason to close branches. I have been with NAB for around 40 years and I now have to explain what I want the money for if I want to withdraw more than a few dollars. My usual wait in line for the Teller is roughly 30 minutes. I am willing to do this just in the hope they won't close our branch, however, take note CEO, you are doing more damage than good. A suggestion for the CEO. Get off your big fat wallet and actually go and do what you are trying to change. How can you change something that you know nothing about but rely on Managers to give their input. Are they going to give you a negative input and risk losing their extremely well paid job. CEO, please come back to planet Earth from your planet Pluto.

 

[JedCorella]

I find this amazing. First they push and push to get you to do internet banking and now because we are doing what they have pushed for, this is now the reason to close branches. I have been with NAB for around 40 years and I now have to explain what I want the money for if I want to withdraw more than a few dollars. My usual wait in line for the Teller is roughly 30 minutes. I am willing to do this just in the hope they won't close our branch, however, take note CEO, you are doing more damage than good. A suggestion for the CEO. Get off your big fat wallet and actually go and do what you are trying to change. How can you change something that you know nothing about but rely on Managers to give their input. Are they going to give you a negative input and risk losing their extremely well paid job. CEO, please come back to planet Earth from your planet Pluto.

I'm with the NAB. Have been for decades but the minute they ask me what I am going to do with the cash I want out of MY account will be the day that I close all my accounts with them. If you're not happy, vote with your feet. Customers leaving in droves is the only thing that will wake them up.
Credit Unions are starting to look better all the time.
The banks want everyone to go cashless. Remember that "Cashless means control". I think that the government and big business have been over reaching their authority for decades. Look what we have for leaders. They couldn't organise a piss up at a brewery!

 

[Kelpie]

In a move indicative of the changing banking landscape, the National Australia Bank (NAB) has recently announced its decision to close five branches nationwide next year.

This decision, part of the bank's broader restructuring efforts, has been met with significant backlash from the community. Concerns are particularly focused on the impact this will have on access to essential banking services in the affected areas.

The branches set to close their doors on March 7, 2024, are Tuggeranong in the Australian Capital Territory (ACT), Scone in New South Wales (NSW), Emerald in Greater Melbourne, Runaway Bay on the Gold Coast, and Balmain in Sydney.

Krissie Jones, NAB Retail Executive, explained that the increasing shift towards online banking drove the decision to close these branches.

View attachment 36207

The NAB branch in Scone, NSW, is one of the five branches that will close next year. Credit: Google Maps

'While we understand some people will be disappointed, this decision was made after looking closely at the number of customers using these branches and the increased use of digital banking in the area,' Ms Jones said.

‘Just as people are using online government services to complete their tax or a Medicare claim, locals in these areas are increasingly choosing to bank digitally because it’s often more convenient,’ she added.

However, the Financial Sector Union (FSU), who were notified of the closures last month, has criticised the timing of the announcement, which comes just before Christmas—a time when many households are grappling with the cost-of-living pressures.

Julia Angrisano, FSU National Secretary, described the closures as a 'betrayal’ and expressed concern about its impact on the community.

‘Closing these banks is a betrayal of the community and staff in these areas and will make banking harder for older people, businesses and anyone who needs to speak to a banker face-to-face,’ she stated.

‘It is a disgrace that NAB continues to aggressively pursue its branch closure strategy without genuine community engagement or employee consultation,’ she continued.

In response to the criticism, NAB has emphasised that no jobs will be lost as a result of the closures. Employees from the closing branches will be transferred to other roles within the bank.

This is not the first time NAB has announced branch closure. In the past six months, 30 regional branches have been closed.

This new announcement comes in the middle of an ongoing Senate inquiry into regional bank closures. The inquiry was launched in February 2023 in response to the closure of more than 1,600 regional bank branches over six years.

It was also previously reported that Australia’s biggest banks were allegedly charging high fees for over-the-counter transactions to discourage branch usage. Business customers from ANZ, Westpac, Commonwealth Bank and NAB have claimed to have been charged hefty fees for teller-assisted transactions. You can read the full article here.

The Impact of Branch Closures on the Community

While the rise of digital banking has certainly made managing finances more convenient for many, the closure of physical branches can have a significant impact on certain segments of the community. Older Australians, in particular, who may not be as comfortable with digital banking, can find these closures particularly challenging.

Moreover, businesses that deal with cash transactions and need to make regular deposits can also be affected. Closing local branches can mean longer travel times to the nearest branch, adding to the operational challenges of running a business.

Despite the convenience of digital banking, there's something to be said about the human touch in banking. Face-to-face interactions with bank staff can often make complex financial matters easier to understand.

For those navigating significant financial decisions, such as applying for a mortgage or planning for retirement, having a trusted banker to speak to can be invaluable.

Key Takeaways

• National Australia Bank (NAB) will close five branches across ACT, NSW, VIC, and the Gold Coast on March 7, 2024.
• The closures have been criticised by the Financial Sector Union (FSU) as a 'betrayal of the community', especially given the timing before Christmas.
• No jobs will be lost, with employees of closing branches to be transferred to other positions within the bank. Customers can use Australia Post stores for certain services.
• The announcement comes amid an ongoing Senate inquiry into regional bank closures, launched due to the closure of more than 1,600 regional bank branches in six years.

What are your thoughts on these branch closures, members? Have you been affected by a similar situation? Share your experiences and join the conversation below.

There is no increase attitued on online bankings by the customers. That is a blatant lie constantly used by the Banks..... period. The customers have been pushed/forced to do it their ways or else. Whys don't they do a reserach and/or an referendum or even a customer poll to see if coustomers prefer online bankings to having acces to a normal bank.?
We can blame of extremely weak at the knees Treasurer who only follows intructions dished out by the banks and only act as a lapdog of theirs.
Why doesn't he let loose of Australia Post and make it a bank who will be able to serve every town of Australia even where Banks do not have any facilities there and stop this Banks greed controlled rot.?
I wonder.....

 

[Phyll]

Our local NAB bank has recently closed at Maddington in WA and another one in the area at Bullcreek is closed for refurbishment. Great timing! Should have waited for Bullcreek to be finished before closing Maddington. Oh hang on a minute someone in NAB would have needed some common sense!

I’m a NAB customer of many years, I was a Maddington customer then Bullcreek what I don’t understand is where do NAB get their information from they say people prefer internet banking if this is true why are there queues of people lining up to be served at every branch i go to . Customers of my age do not trust internet banking including myself look what happened with Optus just recently. I prefer to have a passbook which I’m being pressured into giving up nearly every time I go to the bank . Give me good old fashioned over the counter service anyday.

 

[Kelpie]

We are extremely disappointed with the NAB. As long standing customers, and shareholders, we have suffered our local branch in Brisbane being closed for a few years now. What also annoys me is that I don’t hear of the CEO and other “top” employees having their salaries reduced. Why rob a bank when you can steal the money through unnecessarily high wages. There should be a study into what they actually do and what actual salary they deserve. It is about time an investigation is made.

Couldn't agree with you more. But even when they have branches, people there have no customer service nor are you able to get in contact with anyone. When I was badly scammed I rang my Bank manager while the scammer was still on the phone to me to make sure that everuthing was legit and Guess what, No answers from him. After I was scammned he told me why didn't I ring him and I replied "I DID AND YOU DIDN"T ANSWER YOUR BLOODY PHONE NOR EVEN YOUR MOBILE", He then told me that I could have rang the Regional Manager and I replied "He is worse than you about answering phones". He went silent.

 

[Kelpie]

I'm with the NAB. Have been for decades but the minute they ask me what I am going to do with the cash I want out of MY account will be the day that I close all my accounts with them. If you're not happy, vote with your feet. Customers leaving in droves is the only thing that will wake them up.
Credit Unions are starting to look better all the time.
The banks want everyone to go cashless. Remember that "Cashless means control". I think that the government and big business have been over reaching their authority for decades. Look what we have for leaders. They couldn't organise a piss up at a brewery!

Your description is 100% correct. Absolutely love it.

 

[Mina vriesekolk]

I am a NAB customer since 1988 and there where branches everywhere and close to where we used to live , since then the Albany Creek and Aspley branches have closed a long time now . Where I live now a few branches have closed as well and the ones still there are in a large shopping complex and hard to get there ,parking is a nightmare and then walk through half the shopping complex to get to the bank . Especially if you need a bit more cash , you need to go to the bank tellers. We have quite some tradies coming in and doing jobs , they often like to pay cash.
I wish they would listen to the customers , if it was not for the customers there were no banks .

 

[Kelpie]

I’m a NAB customer of many years, I was a Maddington customer then Bullcreek what I don’t understand is where do NAB get their information from they say people prefer internet banking if this is true why are there queues of people lining up to be served at every branch i go to . Customers of my age do not trust internet banking including myself look what happened with Optus just recently. I prefer to have a passbook which I’m being pressured into giving up nearly every time I go to the bank . Give me good old fashioned over the counter service anyday.

 

[Kelpie]

I’m a NAB customer of many years, I was a Maddington customer then Bullcreek what I don’t understand is where do NAB get their information from they say people prefer internet banking if this is true why are there queues of people lining up to be served at every branch i go to . Customers of my age do not trust internet banking including myself look what happened with Optus just recently. I prefer to have a passbook which I’m being pressured into giving up nearly every time I go to the bank . Give me good old fashioned over the counter service anyday.

As I said before, what they are telling us and spreaidng around are just blatant lies and they get away with it simply because our Treasurer is lacking the intestinal fortitude to stand up to them and might even look at a multimillion dollars a year job when he will get out of politics. It is not the first time that this has happened is it.?.

 

[David567]

I wonder if each of the banks will donate some of their $74 billion profits to charity and bush fire victims.
Wouldn't that be nice.

 

[Tygie]

In a move indicative of the changing banking landscape, the National Australia Bank (NAB) has recently announced its decision to close five branches nationwide next year.

This decision, part of the bank's broader restructuring efforts, has been met with significant backlash from the community. Concerns are particularly focused on the impact this will have on access to essential banking services in the affected areas.

The branches set to close their doors on March 7, 2024, are Tuggeranong in the Australian Capital Territory (ACT), Scone in New South Wales (NSW), Emerald in Greater Melbourne, Runaway Bay on the Gold Coast, and Balmain in Sydney.

Krissie Jones, NAB Retail Executive, explained that the increasing shift towards online banking drove the decision to close these branches.

View attachment 36207

The NAB branch in Scone, NSW, is one of the five branches that will close next year. Credit: Google Maps

'While we understand some people will be disappointed, this decision was made after looking closely at the number of customers using these branches and the increased use of digital banking in the area,' Ms Jones said.

‘Just as people are using online government services to complete their tax or a Medicare claim, locals in these areas are increasingly choosing to bank digitally because it’s often more convenient,’ she added.

However, the Financial Sector Union (FSU), who were notified of the closures last month, has criticised the timing of the announcement, which comes just before Christmas—a time when many households are grappling with the cost-of-living pressures.

Julia Angrisano, FSU National Secretary, described the closures as a 'betrayal’ and expressed concern about its impact on the community.

‘Closing these banks is a betrayal of the community and staff in these areas and will make banking harder for older people, businesses and anyone who needs to speak to a banker face-to-face,’ she stated.

‘It is a disgrace that NAB continues to aggressively pursue its branch closure strategy without genuine community engagement or employee consultation,’ she continued.

In response to the criticism, NAB has emphasised that no jobs will be lost as a result of the closures. Employees from the closing branches will be transferred to other roles within the bank.

This is not the first time NAB has announced branch closure. In the past six months, 30 regional branches have been closed.

This new announcement comes in the middle of an ongoing Senate inquiry into regional bank closures. The inquiry was launched in February 2023 in response to the closure of more than 1,600 regional bank branches over six years.

It was also previously reported that Australia’s biggest banks were allegedly charging high fees for over-the-counter transactions to discourage branch usage. Business customers from ANZ, Westpac, Commonwealth Bank and NAB have claimed to have been charged hefty fees for teller-assisted transactions. You can read the full article here.

The Impact of Branch Closures on the Community

While the rise of digital banking has certainly made managing finances more convenient for many, the closure of physical branches can have a significant impact on certain segments of the community. Older Australians, in particular, who may not be as comfortable with digital banking, can find these closures particularly challenging.

Moreover, businesses that deal with cash transactions and need to make regular deposits can also be affected. Closing local branches can mean longer travel times to the nearest branch, adding to the operational challenges of running a business.

Despite the convenience of digital banking, there's something to be said about the human touch in banking. Face-to-face interactions with bank staff can often make complex financial matters easier to understand.

For those navigating significant financial decisions, such as applying for a mortgage or planning for retirement, having a trusted banker to speak to can be invaluable.

Key Takeaways

• National Australia Bank (NAB) will close five branches across ACT, NSW, VIC, and the Gold Coast on March 7, 2024.
• The closures have been criticised by the Financial Sector Union (FSU) as a 'betrayal of the community', especially given the timing before Christmas.
• No jobs will be lost, with employees of closing branches to be transferred to other positions within the bank. Customers can use Australia Post stores for certain services.
• The announcement comes amid an ongoing Senate inquiry into regional bank closures, launched due to the closure of more than 1,600 regional bank branches in six years.

What are your thoughts on these branch closures, members? Have you been affected by a similar situation? Share your experiences and join the conversation below.

Greedy bastards!! NOT everyone can live on card only payments.

 

[gordon1940]

I remember when……Morning and Evening Newspapers were thrown on your front lawn….. Service Station attendants checked your tyres, water, wiped the windscreen and returned your change…..Fresh milk was delivered to the front gate every day…..Fresh bread was placed in your fuse box daily…..the Postman blew his whistle to let you know the Mail had arrived. You can’t live in the past, it’s unhealthy BUT don’t forget those memories. Did I forget anything??

 

[margaretritchie48]

I went to a branch of nab yesterday to take money out from my mums account (she is 100). One teller, 5 other people in office and walking around. The couple before me wanted to put some0ne else on their account. Should this not have been done at desk with one of the other people wandering, not with a teller. 4 other people came behind me. No other teller came on. I have been with NAB for 50 yrs, my Mum over 40 years. I worked in a bank in England over 50 years ago. Nothing like this.

 

[JedCorella]

As I said before, what they are telling us and spreaidng around are just blatant lies and they get away with it simply because our Treasurer is lacking the intestinal fortitude to stand up to them and might even look at a multimillion dollars a year job when he will get out of politics. It is not the first time that this has happened is it.?.

No. Look at Andrew Robb. He used to be federal trade minister and when Darwin harbour was leased to the Chinese he ended up being general manager of the port. Nothing to see here.