THE decision to close the Bank of Ireland in Belleek is “another attack on rural communities”, SDLP Councillor John Coyle has said.
The plan by the bank to axe eight of its branches across Northern Ireland in the Autumn has been heavily criticised by residents, business people and politicians.
Councillor Coyle and SDLP MLA Richie McPhilips met with bank representatives to outline their frustrations. They were joined by West Tyrone MLA Daniel McCrossan.
“The closure of our last bank is utterly devastating and many people, particularly older people who rely on face to face service, will now be forced to travel considerable distances for basic banking services,” said Councillor Coyle.
Speaking after the meeting, Mr. McPhillips said: “Having met with senior officials from the Bank, it is clear that this decision has been made to increase profits and not to best serve the interests of staff, local people and loyal customers.”
“I am not satisfied with the proposed alternative arrangements nor am I satisfied that a proper engagement and consultation process has been completed. Staff, customers and businesses have been left completely in the dark,” he said. 
Mr. McPhillips claimed the Belleek branch “is profitable” but “someone decided that predetermined closures are more important than protecting local services.”
“The Belleek branch is a lifeline for the local area, supporting the vast majority of financial activity in the town, for businesses and local residents. Its removal marks the increasing isolation of rural communities as services are stripped away.
“I, along with my SDLP colleagues, have sought a meeting with the senior board of the Bank of Ireland to reiterate the need to keep the Belleek branch open. I hope that this meeting will take place in the coming weeks,” he said.