Backing the bank staying in Yank

BANK ON IT: District Council of Yankalilla mayor Glen Rowlands outside the ANZ and BankSA branches last year.
BANK ON IT: District Council of Yankalilla mayor Glen Rowlands outside the ANZ and BankSA branches last year.

The District Council of Yankalilla is voting with its feet by opening a bank account with BankSA.

The council decided at its June 16 meeting to open an account with BankSA, as ANZ, who the council has used in the past, has closed its Yankalilla branch.

"Following the closure of the Yankalilla branch of ANZ in May 2020, council no longer has a facility where it can withdraw or deposit cash locally. Currently there is an ATM facility but this cannot support transaction in coins," the report put to the council said.

"For council to continue to accept cash payment at the Civic Centre, Visitors Information Centre and Caravan Park it needs to have access to a local bank branch.

"The only local branch is the Bank SA branch; therefore council needs to have an account at BankSA."

BankSA is keeping its presence in the town, albeit with reduced hours announced late last year.

Meanwhile, Bendigo Bank is continuing to investigate local interest in and commitment to the possible establishment of a community bank in Yankalilla.

"Bendigo Bank is still in the throes of establishing a presence here in Yankalilla - it won't be as much as BankSA," mayor Glen Rowlands said at the council meeting.

A Bendigo Bank spokesperson urged any locals keen to have the community bank in the town to "make your views known" and make a commitment to the service.

"We can have all the community spirit in the world, but this venture must be commercially viable if it is to proceed and succeed," the spokesperson said.

For more information about Bendigo Bank's ideas for Yankalilla, contact Jordan Sampson on 8557 8166 or jordan.sampson@bendigoadelaide.com.au or David Radley on 0402 119 272 or david.radley@bendigoadelaide.com.au