Media | Local News

Closure of ANZ Kilcoy a disappointing blow

10th February 2020

Member for Nanango, Deb Frecklington, says the decision by ANZ to close yet another regional branch in the Somerset, this time at Kilcoy is just another example of services being stripped from regional areas.

Deb said the Kilcoy closure comes after the 2016 closure of the Toogoolawah branch.

“I am extremely disappointed that ANZ are closing another regional branch. The community has been told the closure is due to issues relating to their building lease, however, the question remains about why they have been unable to find another location in Kilcoy,” Deb said.

“Regional towns like Kilcoy really value these types of services and once again we’re seeing large companies relinquish their commitment to serve regional areas.

“This closure will be hard enough, not to mention that ANZ withdrew its banking services from Australia Post outlets in early 2019, leaving business with no local banking options.

“I understand the majority of Kilcoy businesses currently bank with ANZ and this will certainly disrupt the way they operate.

“Unfortunately, this has become a common theme for the big banks, who believe they can service their customers just as well online.

“However, for community groups, and businesses, it will always be necessary for them to have access to physical banking services. And we all know that many people in regional areas have poor internet connection, or no computer access at all, so internet banking isn’t always the answer.

“I am also really concerned about the staff who may lose their jobs. ANZ needs to ensure employment options are provided to these local staff.

“As I did to support the Toogoolawah community, I will again write to ANZ to express my disappointment about the Kilcoy decision and to request their decision be overturned.”