The Bank of Ireland in Cashel, Tipperary will close its doors for the last time today, Friday, 8th October 2021.
‘substantial loss to the town’
According to Cashel native, Tom Wood, the bank was built in 1868 and it housed The National Bank until 1965, when it became the Bank of Ireland. It will be “a substantial loss to the town”, says Mr. Tom Wood.
In March, Bank of Ireland announced the closure of 88 bank branches across the country, including Cahir, Cashel and Templemore in Co. Tipperary. Regionally, there will be closures in Kanturk, Millstreet, Mitchelstown, Abbeyfeale, Askeaton, Bruff, Caherdavin, Rathkeale, Roxboro, University of Limerick, Callan, Graiguenamanagh, Thomastown and Urlingford.
‘More digital and less branches’
Francesca McDonagh, CEO of Bank of Ireland, said the decision was made because customers are saying “loudly and clearly” that they want more digital and less branches and this is about investing where customers want to bank. Ms McDonagh said the deal with An Post will enable all Bank of Ireland customers to carry out counter transactions in one of An Post outlets.
