26 November, 2020

Westpac shutting shop in Milford

The Westpac Milford branch is closing – the latest in a rounds of bank shutdowns sweeping the country.

The Rangitoto Observer learned last week that Westpac had been consulting with Milford staff about a possible closure.

Westpac confirmed last Friday that the branch would be closing before Christmas. “Nationally, in the past four years over-the-counter transactions have fallen by 65 per cent. There are now 100 logins to online banking for each transaction in a branch,” a Westpac spokesperson said.

“With that in mind, we began consulting with our team at our Milford branch in October about closing the branch.

“This week we confirmed to our team that we would be proceeding with the closure. The last day the branch will be open will likely be on December 23rd,” the spokesperson said.

All the employees at the branch will be redeployed within Westpac. The nearest Westpac Branch to Milford is 3km away in Takapuna.

The BNZ, ASB and ANZ banks still have branches in Milford.

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