Local News

More Bank Services to Go, NAB Stirling Shutting

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More bank services are to go following an announcement from NAB.

The major bank will shut its Stirling branch on August 26 and reduce opening hours at several regional branches including Strathalbyn and Meningie.

The branches will open from 9.30am to 12.30pm for customers and outside of those hours, bankers will support clients by phone and online chat.

The Member for Mayo Rebekha Sharkie said she is concerned about the announcement.

“Net profits after tax might have been down 13.6 per cent for the year ended 30 September 2019 but NAB still made nearly $4.8 billion," Ms Sharkie said.

“So I find it deeply disappointing that NAB is closing its branch at Stirling and reducing face to face hours at Strathalbyn and well as three other branches in regional SA at Jamestown, Roxby Downs and Meningie."

The announcement follows the closure of ANZ branches in Yankalilla, Goolwa and Lobethal.

Ms Sharkie said the move will not only impact businesses but also many residents who are unable to drive.

“More than 25 per cent of the population of Aldgate and Stirling is aged over 60 years and more than 30 per cent of the population of Strathalbyn is aged over 60 and their preferences for banking should be taken into account.

“Year after year the major banks are abandoning our regional communities and putting profits ahead of people.”

Photo of Stirling NAB, google maps