Danske Bank decision to close four branches is a blow for customers, staff, and businesses

15 May 2022

Removal of ATMS should be blocked by the regulator

The decision by Danske Bank to close four branches has been described as a body blow for customers, staff and businesses by the General Secretary of the Financial Services Union, John O’Connell.

Danske Bank announced today the closure of four branches, Cookstown, Fivemiletown, Kilkeel and Lurgan. The Branches are due to close on the 16th of September.

Commenting on the closures John O’Connell, General Secretary of the Financial Services Union said.

“The announcement by Danske Bank is another blow for people and businesses in local communities who rely heavily on their local branch for their financial transactions.

The FSU are concerned that vulnerable people will hoard cash and businesses will have no lodgement or banking facilities available to assist them.

The removal of the ATMS will make it even harder for people to access cash. This is something that the regulator should look at and if necessary, instruct the Banks to reconsider”