Cavan Ulster Bank to close April 21

Ulster Bank branches in Ballyjamesduff and Ballyconnell to reopen under PTSB.

The Ulster Bank branch in Cavan Town will close April 21.

This will be preceded by a withdrawal of all Branch Services and An Post Services from March 31.

On February 19, 2021, Ulster Bank announced it would commence a phased withdrawal of all banking activity and associated services in the Republic of Ireland.

Today Ulster Bank wrote to all Cavan branch holders to inform them of the bank’s impending closure.

The Cavan branch was not one of two chosen to be retained in a deal struck with Permanent TSB.

Earlier this month the Ulster Bank branches in Ballyjamesduff and Ballyconnell closed ahead of their transfer to Permanent TSB.

The Ballyjamesduff branch was among the first tranche of Ulster Bank branches to close as part of the brand's withdrawal from the Irish market.

It will reopen later this month or early next month, rebranded and refitted as a PTSB branch.

The Ballyconnell branch will also reopen as PTSB outlet in the coming weeks.

PTSB hopes to fully complete the migration of assets purchased from Ulster Bank by the end of June.

Up to 450 staff will transfer from Ulster Bank to PTSB as part of the wider deal.

Ulster Bank previously shut branches in Belturbet, Killeshandra, Kilnaleck, and a part-time operation in Swanlinbar in 2013, along with the bank’s branch in Castlepollard. The following year branches in Clones and Castleblayney in Co Monaghan; Granard in Co Longford and Manorhamilton, Co Leitrim, also closed.

Then in 2017, the lender closed two more branches locally - this time in Arva and Cootehill.

Once the State’s third biggest lender, the Ulster Bank brand has been synonymous with this region for 180 years.