Tuesday, April 21, 2009

NAB 'to shut several Vic branches'

Unions say the National Australia Bank will close several bank branches across Victoria.

Among those to be lost are branches at Balwyn North, Mitcham, Rye and Balnarring.

The branch at Donald in the Mallee may also close.

Finance Sector Union national secretary Leon Carter says his organisation knows of eight closures.

"Like the community, the Finance Sector Union is completely bewildered why an organisation that continues to make billion dollar profits needs to close down branches," he said.

"[Closing branches] is always a very, very big blow to the communities that those branches serve, as well as the workers inside the branches."

Mr Carter says the NAB staff do not deserve to lose their jobs.

"We would expect that every single one of the workers affected by these closures is found a job in a nearby branch, but the bottom line should be that a bank like the National Australia Bank that profits incredibly from the community should make sure that they're putting something back," he said.

"And putting something back doesn't mean taking away their bank branch."

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