GROUP Executive Manager Craig Newman has assured Tilligerry residents that The Greater Bank’s Tanilba Bay branch will not close.

Residents have shown concern that if the only bank left on the peninsula shut down, they would have to drive long distances to do their banking.

Once there were three banks at the old Tilligerry Plaza but changing banking patterns have seen branches made redundant.

Many people, particularly the younger generation bank online, but older less tech savvy residents prefer the traditional interaction with ‘real’ people.

This switch has in turn seen fewer face to face customers and over-the-counter transactions.

Mr Newman said that no jobs would be lost after upcoming closures at Maitland, Mayfield and Nelson Bay.

“These valued staff will be absorbed into positions in our network of banks in the Hunter,” he said.

 

By Geoff WALKER