NAB’s latest branch closure is another example of a large corporate with the wrong priorities.
Federal Member for Groom, Garth Hamilton said NAB’s rhetoric on thinking locally and supporting community did not align with their actions.
“NAB say they think locally, I don’t think they do.
“What this closure means for locals is travel into Toowoomba to do your banking. NAB said during the Voice campaign it was important to listen to regional voices, how do you do that if you keep closing regional bank branches?
“Being in Pittsworth it was clear locals were fed up with being treated like they don’t matter, switching banks was the clear option,” Mr Hamilton said.
NAB has shut about 30 regional branches since March 2023, despite donating $1.5 million to the YES campaign and posting a $7.7 billion profit.
“NAB has chosen to abandon the local branch in Pittsworth despite $7 billion in profit,” Mr Hamilton said.
“While this might marginally improve the NAB’s bottom line, it is harmful to their reputation and it’s people in the regions who will suffer and they will remember.
“I am disappointed with NAB’s decision, this will reduce accessibility and make talking with your local banker harder,” Mr Hamilton said.