PHOTO: No longer the last bank standing – Lake Cargelligo NAB branch closed last week.
Another casualty of regional bank branch closures, Lake Cargelligo’s National Australia Bank (NAB) shut its doors last week, leaving no more financial institution branches in town. NAB also recently closed the Warren branch and also those at Gilgandra and Wellington with Narromine’s branch closing in 2021.
NAB is not alone in cutting country branches in the Western Plains; among others, Wee Waa’s ANZ branch closed in mid 2021 and Commonwealth Bank of Australia (CBA) closed its Gilgandra branch in December 2022.
John Medcalf, Mayor of Lachlan Shire Council said a real concern about NAB closing the Lake Cargelligo branch was the lack of options for local residents.
“We have no physical branches left,” he said. “While there are a couple of agencies and facilities at the post office, its not the same. Tottenham’s closest branch banking facilities for NAB are at Dubbo now and for the Lake its Griffith or Parkes.”…