A DECLINE in foot traffic is partly to blame for the closure of Commonwealth Bank Australia’s Booval Fair branch.
The shutdown was revealed just last week after a notice announcing the unfortunate decision was displayed at the site.
Regional general manager Kylie Hall said transactions at the branch had almost halved in the past five years.
The long-standing site is set to shut for good following a day of trading on March 5.
“Following a recent review and in line with our lease expiry, we made the difficult decision to permanently close the Booval branch,” she said.
The onslaught of coronavirus also proved a key contributor to its inevitable demise, with more customers reportedly turning to digital services.