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Collapse Issue 563:<br />20 Feb 2023<br />_____________Issue 563:
20 Feb 2023
Collapse  NEWS NEWS
Westpac closes Woy Woy branch
Kariong land rally held outside Tesch's office
We're proud of our talented volunteers
Residents call for more detail about floodplain works
Disaster funding review will benefit electorate, says Reid
Koala 'translocation' not ruled out, says Minister
Chamber calls funds to upgrade and rebuild roads
Council to get $4.08 million to fix 2238km of roads
Greens announce Gosford candidate
Dog baits found at Pearl Beach
Chess club seeks more members
Raffle proceeds buy food for Mary Mac's
Umina dunecare resumes
Clean-up at Pearl Beach
Pearl Beach fire brigade seeks new members
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Full-fibre NBN upgrades available in Umina next year
'Distressed vessel' towed back to Lions Park
Arts and crafts centre holds annual meeting
Environment group holds annual meeting
Country women meet at surf club
Read Aloud Book Club meets
Lotto win
Dry start to February
Council refuses multi-dwelling development
Three identical multi-dwelling proposals in the one street
Second storey dwelling proposed for laneway house
Ettalong medical centre could be relocated
ACF group calls for 'due process' in council land plan
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Interactive online map of council-managed land
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Collapse  ARTS ARTS
Enda Kenny to appear at folk club after lockdown delay
Annual charity event to be held at arboretum
Patchwork group completes projects
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First whole school assembly in three years
Courtney represents college at 'First Class' exhibition
Bridget to represent region in tennis championships
Students learn 'safe dance practice'
School holds parents' evenings
Woy Woy South meeting on Thursday
Selected for rugby league combined zone trial
New swim caps in house colours
Students selected for touch football zone team
Spirit passed at five wickets down
Three runners celebrate milestones at park run
Women's bowling club plays Fours Championship final
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'Sensational day' at Mixed Fours Carnival
Valentine's Day bridge attracts big field
Blair wins bridge club individual championship
Woy Woy Lions to hold annual sport lunch
Free training to become swimming teacher
Women's soccer players wanted
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Disabled surfers need help
Surf club holds Rainbow Beaches event



Westpac closes Woy Woy branch

Westpac is closing its Woy Woy shopfront at 1pm on Friday, March 10.

However, according to the bank, it is not a "closure" but a "co-location".

The Westpac business will move in with St George at 28-30 Blackwall Rd and will re-open from 9:30am on Tuesday, March 14.

Both banks are part of the Westpac Group.

A Westpac Group spokesperson Mr Chris Hicks said: "It's important to clarify that this branch is becoming a co-location."

The co-location had been announced in a media release by Group CEO Mr Peter King in June last year, he said.

Mr King said there was an "ongoing program of co-locations, where select branches are combined, bringing two Westpac Group brands together under one roof".

"Westpac has already co-located 21 branches," he said.

"We are currently reviewing opportunities to co-locate around 100 more branches over the next 18 months.

"The co-location approach enables us to move two branches into one single location in cases where the two buildings are located close together.

"This maintains a physical presence for customers and signals a long-term investment in these communities, while reducing footprint duplication in the same location," Mr King said.

Mr Hicks said: "We currently have more than 35 similar branches across the country, including in Gosford."

Westpac customers have received a letter stating: "We'd like to let you know that the Westpac Woy Woy branch is moving in with the St George Woy Woy branch to a shared space where you'll continue to enjoy great service and banking expertise.

"Both our branches will be available in the one location, meaning we can continue to serve the community and help you with your banking.

"Our team in this new location will continue to support you and are ready to help with your banking.

"Your account details (including your BSB and account number) will remain the same.

"If you have a relationship manager, this arrangement will also remain the same.

"We've enclosed a flyer with information about other ways to bank with us, including online and mobile banking ..."

Last week, Westpac also advised the Finance Sector Union that it would shut down another 20 branches across four states with the loss of 91 jobs.

Union national secretary Ms Julia Angrisano said Westpac had closed large numbers of branches over the past year, abandoning customers and businesses.

"Westpac is brazenly closing branches month after month as a means of propping up profits and bonuses for senior executives," Ms Angrisano said.

She said Westpac recently announced a profit for 2022 of $5.65 billion, up four per cent, with costs down 19 per cent and 2667 jobs cut in 2022.

Ms Angrisano said the recently-announced Senate Inquiry into bank branch closures would examine the impact of the closures in regional Australia.

She acknowledged that Westpac had previously announced the Woy Woy closure, but should pause its regional branch closures until after the Senate inquiry.

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