'Business as usual' at Magherafelt Bank of Ireland

The Bank of Ireland at Magherafelt has escaped the latest round of branch closures announced by the bank today.

Monday, 1st March 2021, 12:26 pm
Updated Monday, 1st March 2021, 2:21 pm

It has announced that 15 of its 28 branches in Northern Ireland are to close.

However, the branch in Magherafelt town centre is to remain open.

In 2016, Bank of Ireland closed Draperstown and Maghera branches despite local objections.

Business at usual at Magherafelt Bank of Ireland branch.

The bank said the majority of the branches that are closing are self-service locations which do not offer a counter service.

It follows the outcome of a strategic review of its Northern Ireland business.

The bank said the acceleration in digital banking has now reached a ‘tipping point’, while adding that enhanced banking services will be available to Bank of Ireland business customers at Post Offices in Northern Ireland.

The branches earmarked for closure are:



Belfast (Lisburn Road)

Belfast (Ormeau Road)

Belfast (University Road)


Londonderry (Strand Road)









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