Belfast Telegraph

Northern Bank to close more branches

By Louise Small

The Northern Bank has announced that two rural branches will cease trading on May 25.

Consumer accounts from the Tandragee and Crossmaglen branches will be transferred to Portadown and Newry.

No jobs will be lost as a result of the closures.

In January the closure of the Donaghadee, Ballyholme, Portrush and Portadown branches were announced.

The company has blamed the closures on changing consumer habits, although no staff will be made redundant due to this fresh move.

Last year Northern Bank closed six branches, in Dundonald, on Belfast’s Ormeau and Dargan Road, and in Crossgar, Rathfriland and Whitehead.

In a statement released yesterday the bank said it has not taken the decision to close these branches lightly.

Tony Wilcox, managing director of retail and private banking, said: “I fully understand that this news will be disappointing to some of our customers, but I would like to reassure them that Northern Bank is committed to continuing to meet their banking needs.

“We have not taken this decision lightly.

“Over recent years the banking habits of consumers and our customers have changed — with many preferring to use other ways of managing their finances rather than relying solely on the branch.”

After a review of the branches, Mr Wilcox said: “Tandragee and Crossmaglen branches have been found to be less sustainable than others.”

The Newry and Portadown branches will now extend their opening hours starting from Saturday, May 12 in a bid to provide flexibility for customers affected by the closures.

Belfast Telegraph