Tenterfield Shire Council may put its money where its mouth is regarding its displeasure at the contraction in opening hours at the local National Australia Bank (NAB) branch.
Mayor Peter Petty said council is very concerned with the bank’s decision to reduce its weekday hours of operation to 10am to 2pm.
He fears it’s just the start of a wider battle to keep the bank’s presence in town. Westpac bank has already closed its branch with a reduced counter service via the Post Office. The Commonwealth Bank continues to operate at the more traditional hours of 9.30am to 4pm (5pm on Fridays).
At just short of $7 million Cr Petty said council has a substantial investment in the NAB which may find a home elsewhere should a review of the situation not be undertaken.
He and council general manager are lining up a meeting with bank executives to air their concerns.