Finance union chief calls for ‘pause’ on bank branch closures for five years

A call for a five-year moratorium on bank branch closures north and south of the Border was backed by delegates at the Financial Services Union conference in Belfast on Saturday.

“We need the banks to remember that it was the people in these communities who bailed out their business,” he said. “We are not saying they can never close branches but we are saying it would be reasonable to pause the closures now for five years so everyone can consider what is on the horizon.

“Many people are happy to do their banking online but no community or sector of business should be left without blended services,” she said. Older clients, he said, often missed out on advice from staff that might have helped them make better decisions with regard to financial services and products.

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