CONCERN has been expressed about the lack of information being provided to Clare postmasters about the exact amount they will be paid, if a new alliance with Bank of Ireland is agreed and implemented. Kildysart native, Tom O’Callaghan of Independent Postmasters’ Group said it looked as if postmasters are being offered a relatively small payment to complete all Bank Of Ireland branch services in post offices. Mr O’Callaghan said a community banking model would be more sustainable, providing funding for small and medium enterprises and localcommunities. The provision of banking though the Post Office Network will require initial investment. National Treasury Management Agency has more than €23 Billion in deposits, which could be incentivised for investment to public banking. He stressed new measures are needed to safeguard the the post office network in Clare and prevent further closures. His concern comes after another setback for the Broadford Action Group’s efforts to reverse the closure of the local post office, which …
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