07-07-2025
BREAKING NEWS Bendigo Bank to close 10 branches in Victoria, Queensland and Tasmania
Bendigo bank will close 10 branches across three states from August this year.
The bank said the decision came following a review of customer preferences and costs.
'To preserve what makes our Bank unique, we must balance our physical network presence with the need to continue investing in the changing preferences of our 2.7 million customers,' Bendigo Bank Chief Executive Officer Richard Fennell said.
It comes after the federal government made a deal with the big four banks to maintain their regional branch network until at minimum mid-2027.
In Victoria, the bank's branches in Ballarat Central, Bannockburn, Malop Street in Geelong, Korumburra, South Melbourne, and Yarram will all be closed.
In Queensland, the bank will close branches in Malanda and Tully North.
In Tasmania, the Kings Meadows and Queenstown branches will shut.
More to come.