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Newcastle Herald
Newcastle Herald
Business
Jamieson Murphy

Repacholi blasts 'Sydney fat cats' over bank closure in double-barrel spray

Dan Repacholi slammed the banks following the news of a branch closure. Picture by Sitthixay Ditthavong

TWO Hunter bank branch closures in a week has led to a local MP unloading on the "rich fat cats in Sydney" who don't understand the banking needs of regional communities.

The National Australia Bank has revealed it will close its Cessnock branch in June, while Westpac will shut its Newcastle branch and "co-locate" banking services with St George in a new office.

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