The St George Bank will close its Oatley branch on Friday, November 30, with the bank’s ATM remaining at the same location.
There will be no job losses, with staff transferred to other St George Bank branches across the St George and Sutherland Shire region.
“Over the past few years, we’ve experienced a significant decline in customer transactions via our St George Branch in Oatley, as we are finding more and more of our customers are wanting to undertake their banking in different ways, for example digital banking.
“We know this region is St George Bank’s heartland and wish for the community to know that this is not a decision we take lightly,” a St George Bank spokesperson said.
“In fact we have invested in modernising branches in surrounding regions, where we know our customers are visiting the most.
“However in response to the way our customers are choosing to bank with us in Oatley and the reduction in customers using this branch, we have made a decision to close the StGeorge Oatley branch on Friday, November 30, while the St.George ATM will remain in the same location.
“After the closure of the Oatley branch, customers requiring face-to-face banking services can utilise a number of other branches in close proximity, including at our branches based in Miranda, Hurstville, Sylvania and Kogarah.
“For elderly customers who still wish to bank more locally within the suburb of Oatley, they can also take advantage of St George Bank’s partnership with Australia Post – 98 per cent of transactions currently undertaken at St George in Oatley can be undertaken here.
“Customers can perform everyday banking transactions such as checking account balances, paying credit card bills, and making deposits and withdrawals via the Bank@Post service. Until it’s closure, the staff at Oatley can help transition customers to this service.”