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More small town bank closures on the way

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The bank signalled last month that it was consulting with staff on closing branches in Milton, Ngāruawāhia, Otorohanga, Te Aroha and at Massey University in Palmerston North.

A spokesperson said at the time that the vast majority of customers did their day-to-day banking online or on their phone.

He said that after “careful consideration”, the bank was proposing to close low-volume branches, leaving a smart ATM so customers could withdraw and deposit cash.

Checkpoint with John Campbell confirmed today that the branch in Milton, south of Dunedin, would shut.

In a statement, the bank said it confirmed the closure of the branches in Otorohanga and Te Aroha yesterday. It said closures in Taihape, Kawerau, Ngāruawāhia and Paihia had also been confirmed, and the Massey University branch would amalgamate with others in Palmerston North.

It said it would be opening branches at the Tauranga Crossing and Ferrymead in Christchurch.

Clutha District mayor Bryan Cadogan told Checkpoint ANZ’s consultation was a “pantomime” and it was “bloody frustrating”.

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Paul

The author Paul