Tipperary County Council has sought assurances from the Finance Minister that no town in County Tipperary will be deprived of a bank providing all banking services following AIB’s recent failed attempt to downgrade branches in four county towns.
A motion tabled by Independent Cllr Andy Moloney calling on council to write a letter to the relevant minister asking for this assurance was passed at the September meeting of Tipperary County Council.
It was moved by Cllr Michael Murphy and seconded by Cllr Declan Burgess.
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Cllr Burgess said the recent withdrawal of Bank of Ireland from Cashel and Cahir had left a void in those towns and he highlighted AIB’s recent attempt to withdraw banking services from Cashel, Cahir, Carrick-on-Suir and Roscrea . He expressed hope that banking services will not be further reduced in towns across the county.
Speaking after the meeting, Cllr Moloney of Poulmucka explained that he tabled the motion because he feared the bank’s threat to withdraw from towns in his area – Cahir and Cashel – had not gone away and would return at the least expected moment.
He said “people power” this summer prevented AIB from cutting banking services in the two cities.
He had teamed up with the Cashel Chamber to collect names for a petition to stop AIB’s attempt to downgrade its banking service to Cashel.
“As we move towards a cashless society, we are far from it due to lack of investment in infrastructure and black spots for the internet,” he pointed out.
Cllr Moloney added that while moving banking services to post offices would be a boost for those institutions in towns that have lost banking services, they are not yet ready. The modernization and investment of many post offices would be necessary.
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