November 2016
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I s s u e 31 • A c o m m u n i t y n e w s p a p e r f o r L a m b t o n & N o r t h L a m b t o n • F R E E
Greater to close Lambton branch
Changes in the way customers are using its branches and online banking, have led to the Greater Bank’s decision to close its Elder Street Lambton branch after Saturday 12th November. Greater Bank’s Head of Marketing and Distribution, Craig Newham, said that Lambton Branch has seen a significant decline in usage. “There are 30 percent fewer transactions conducted through Lambton branch than there were two years ago.” Mr Newham told Lambton Local in a statement. He said nearby branches are proving more popular with customers. “Greater Bank operates six branches within a five kilometre radius of the Lambton branch including New Lambton, Jesmond and a newly opened modern branch at Waratah Shopping Village.” Mr Newham said. (continued on page 2)
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Sue Odgers
Steve Cucumanovski
Elders Real Estate Lambton • 2/125 Elder Street, Lambton Ph 4952 3744 • elderslambton.com.au