Scoop has an Ethical Paywall
Licence needed for work use Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Disappointment as Westpac closes Ruatorea branch

Disappointment as Westpac closes Ruatorea branch

After a spirited campaign to save Westpac Ruatorea, bank bosses have ignored the community and confirmed that the Ruatorea branch will close says FIRST Union national organiser Tali Williams.

“Westpac ignored the community. Over 3000 people signed the petition to save Westpac Ruatorea, over 100 locals turned out to discuss the proposal at a town hall meeting and many more have made their views heard through social media.”

“Bank bosses claim the decision was made off the back of declining transactions, but when we asked how many transactions would be needed to keep the branch open they didn’t know. The local community was never given the information it needed to help save its last bank,” says Williams.

“Westpac could have taken a pro-active approach to the Ruatorea branch, looking to grow business rather than quietly withdrawing from the region. We suggested this as an alternative strategy, the community even offered a co-location proposal with a local business, but Westpac wasn’t interested.”

“The branch workers themselves are gutted. This wasn’t just a job for them, it was a community service,” says Williams.

FIRST Union strongly opposed the closure in its submission.

For further comment contact Tali Williams: 027 662 6144

ENDS


Advertisement - scroll to continue reading

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.