Latest Laois News: Local TD says Laois Bank Closures disastrous for county

Laois Bank Closures disastrous for the county. – Stanley

Responding to the announcements by Bank of Ireland that they are closing 3 branches in Laois. Local Sinn Fein TD said:

“This is a disaster for the county and in particular for south Laois.’’

“The news that branches in Rathdowney, Mountrath and Durrow are to close is going to have a huge effect right across the south of the county and will leave the whole area without any banking services. AIB pulled out of these towns years ago, and now these closures will impact badly on businesses and commercial life in these local areas. It is also a sad day for the banking staff who provided a great service in the local community.

Walk in and face to face banking services are essential as not all business can be transacted online. The Minister for Finance and the Government now need to address the absence of these services with Bank of Ireland in the first place and also with An Post.

An Post have been reconfiguring their services and branch network.  Now they must be allowed to provide full banking services in their own right and not just an agent for either Bank of Ireland or AIB.