Michael Moynihan (Cork North West, Fianna Fail) | Oireachtas source

I will take Deputy Calleary's slot, if the Leas-Cheann Comhairle does not mind. I welcome the opportunity to contribute to the debate. Alas, we are speaking in the aftermath of Bank of Ireland's decision to close two branches in Duhallow, those in Millstreet and Kanturk. That is a damaging step to the barony of Duhallow and the neighbouring region on the Kerry side. A whole raft of countryside will be left without an operating branch of Bank of Ireland. The Duhallow region has been very supportive of Bank of Ireland over the generations. Many businesses, going back decades, including agricultural and large indigenous businesses in Millstreet and Kanturk are being left without a branch.

When we look at what is being offered in its place, we can look at what is offered by An Post. Deputy McGuinness made reference to the value that would be to the postmasters. It is not a realistic option at all. It is simply not viable for An Post to take that on. The bank owes the communities it is leaving. It should look at the Duhallow region and at least retain a bank there because a whole raft of countryside from north Kerry and west Limerick to Mallow will be left without a branch.

The bank must also look at the disposal of its buildings. They should be sent for community use and not looked at as commercial entities. The bank is leaving elderly customers, vulnerable people and viable businesses behind. It is walking away from customers who have stood by the bank through thick and thin. It owes it to those people to make those buildings available to An Post, if the deal with An Post is so lucrative. The bank must make sure that An Post get first charge on the buildings or that they go for community use. It is the least the bank should do when it is turning its back on people and communities, such as my own in Duhallow, who have been loyal servants over many generations. It is an appalling vista.

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