Last bank closes Friday

The last remaining bank branch in Earlwood will close this Friday, June 18.

Commonwealth Bank has decided to close its bank branch, marking the end of face-face banking in the Earlwood.
State MP for Canterbury, Sophie Cotsis, said that bank branches have been vital for the community living in the suburb.
Ms Cotsis has written to the CEO of Commonwealth Bank and the CEO of the Australian Banking Association, urging them to reconsider the decision of closure.
The closure of Commonwealth Bank in Earlwood comes at a time where various bank branches across NSW have also closed down their doors and Ms Cotsis has raised this matter in the NSW parliament, calling for an inquiry into bank closures.
“Our elderly and multicultural community rely heavily on face-to-face banking. Last year was ANZ and this year it’s Commonwealth Bank. These banks have used Covid-19 as an excuse to close branches,” Ms Cotsis said.
“Banks are closing their branches all across NSW, including rural, regional and suburban communities. Our community, particularly the elderly, cannot be left to catch public transport or a taxi to simply withdraw or deposit money at the nearest bank.”