Community
17 October, 2025
Account closed! Bank agency due to shut doors today
TODAY marks the last day of trade for St Arnaud’s Bendigo Bank agency.
FRIDAY marks the last day of trade for St Arnaud’s Bendigo Bank agency.
Announced in August, the closure came after weeks of speculation that the bank would ditch its agency model and came after a further 10 branch closures were confirmed earlier that month.
Avoca District Co-operative Limited, a franchisee of Bendigo Bank, operates the locally-owned Community Bank Avoca, Maryborough and St Arnaud with St Arnaud one of 26 agencies left after a swathe of closures in 2023.
“Following a review of evolving customer preferences, a reduction in business activity and an increase in costs and compliance obligations, Bendigo Bank’s agency model will be retired,” a spokesman told NCN in August.
Established more than 30 years ago, Bendigo Bank said its agency network had enabled the Bank to offer limited banking services through “third party businesses in areas where there was not enough demand to sustain a branch”.
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