Mortgage Business
ANZ to close 15 regional branches By Malavika Santhebennur 21 April 2021
The major bank has announced the closure of 15 regional branches, citing customer shift away from branches and into remote banking.
ANZ has said that it will shut down 15 branches in regional Australia in NSW, Victoria and Western Australia, between June and October 2021.
According to the Finance Sector Union (FSU), since January 2020, ANZ has announced the closure of 146 branches.
The union said that branch closure locations include:
NSW: Forster, Cooma, Ulladulla, Salamander Bay, Casino, Cowra, Cootamundra, Leeton and Kempsey;
Victoria: Bacchus Marsh and Lakes Entrance; and
Western Australia: Wongan Hills, Bassendean, Baldivis and Beverley.
ANZ staff lose redundancy guarantee ahead of branch cuts
ANZ staff lose redundancy guarantee ahead of branch cuts
20 April 2021 4:15AM
ANZ has promised to redeploy around fifty staff affected by its latest round of branch closures across the country.
The bank confirmed on Monday that it plans to withdraw another 15 branches this year in regional parts of NSW, Victoria and Western Australia as it accelerates the cull of over-the-counter customer services.
In the last 15 months the bank has shuttered 143 outlets.
ANZ’s head of retail Katherine Bray said staff were notified of the branch closures late last week.
“We announced the closures to employees last week and we will seek to retain as many of them as we can, particularly with increased demands on other areas of the bank that could benefit from their skills and experience,” she said.
The disappearing bank branches and the communities left behind
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Australian banks have shut or earmarked the closure of almost 300 branches since the pandemic accelerated consumers’ switch to online banking.
Many branches that initially had temporarily closed during the height of the pandemic will never reopen and some communities have been left with no local bank.
Mortlake residents Doug Parker, Kelvin Goodall, Jill Parker and Rosalie Goddard are upset at the closure of their only bank leaving them with an over 40-kilometre journey to the nearest town with an ATM.