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Inishowen gets new banking service 01.05.07

A number of jobs could be created in Buncrana and Carndonagh in the coming years with a new banking service launched at the local post offices yesterday.
Postbank, a joint An Post/Fortis venture, commenced trading in the two Inishowen towns yesterday, joining 250 post offices around the country to get the service.
The new service is expected to need a workforce of 500 people throughout the country within three years.
A spokesperson said: "In addition to working with existing post office staff, Postbank expects to have a workforce of 500 people within three years. In addition to the employees of One Direct and PostPoint, Postbank will create over 100 new jobs throughout the country this year."
Initial services will be based on two financial products - demand deposit account and a guaranteed investment product. Over the next year, the bank's services will extend to include current accounts, credit cards and ATM facilities.
Postbank chief executive Margaret Sweeney explained: "It's only six months since the agreement to establish Postbank was completed by Fortis and An Post. I must pay tribute to the postmasters, postmistresses and post office staff whose enthusiasm for this project gives me great confidence for its success."
The changes will allow post offices to grow their business volumes and expand their services using the latest in banking technology.
Retail banking services will be provided by a combination of Postbank staff and post office officials through its high street branch network. Products will also be accessible directly over the phone from the bank's Athlone based customer contact centre. Meanwhile, a full online banking service will follow the installation of the bank's new technology platform.
Postbank is now available in Ballybofey, Ballyshannon, Buncrana, Carndonagh, Donegal, Letterkenny, Lifford and Raphoe.

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