Lifestyle

Westpac Group announces closures of DOZENS of Westpac, Bank of Melbourne and St George branches

Westpac Group has announced that it will shut down 48 bank branches around Australia and amalgamate others in a major reduction in its national branch network.

The closures involve branches under the Westpac, St George, Bank SA and Bank of Melbourne brands.

Scroll down to see the full list of bank branches to be closed

“The closures affect the jobs and livelihoods of 165 staff,” the Finance Sector Union of Australia said in a statement on Friday.

“Staff at the affected branches have been notified. A process of redeployment has been proposed by the bank.

“However redundancies are also likely in many locations.”

Westpac Group has announced that it will shut down 48 bank branches in Victoria and South Australia and amalgamate others in a major reduction in its national branch network. Credit: AAP

FSU National Secretary Julia Angrisano on Friday called into question Westpac’s commitment to its customers.

“Westpac is deserting its customers and its staff by closing branches to shore up its profits,” Angrisano said.

“This shutdown of so many branches is of major concern to our members and will impact on a large number of staff, banking customers and businesses around Australia.”

“Westpac will claim the decision to close branches is because consumers are moving to internet banking but that’s not the case.”

“If these branches were making large profits for the bank they would not be closing.”

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