‘Should be a stay on all closures and reduction of services until government intervenes with a forum on future of banking’
Sligo News File
The decision of the PTSB to shut its counter services in Ballina has been strongly criticised by a constituency TD
Describing the move as “another cut to banking services in rural Ireland,” Sinn Fein Dail Deputy Rose Conway- Walsh said: “The complete disregard for loyal customers and communities has now become common place in the banking sector.
“This is galling for citizens who were forced to take on billions in banking debt during the financial crash.
“The fact that the state owns 75% of PTSB makes moves to close services even worse,” she said.
“We need Government to intervene and set up a forum on the future of banking as a matter of urgency.”
She added that there should meanwhile be “a stay on all closures and reduction of services until this forum is set up, a full report is published and an agreed banking infrastructure is established that serves the needs of all citizens,”
The bank has told customers that effective from 14 June 2021 the Ballina branch will become a “fully automated cash and digital experience”. Those who want to use its cash and mortgage counter service will, in future have to travel to its Castlebar branch, nearly 25 miles away, to carry on their business.