IRISH NATIONWIDE signs will be removed from all of the building society's outlets by mid-June as the last of its branches closed to the public yesterday.
The building society completed the closure of its 49 branches with the branch at Grand Parade in Dublin - the lender's head office since 1996 - the last to close.
The branch closures began on April 14th after the society's €3.6 billion in deposits were sold to Permanent TSB in February. The future of the head office will be decided by the board of the enlarged bank created from Anglo Irish Bank and Irish Nationwide.
Irish Nationwide will leave signs in branch windows to inform customers of deposit transfers and of the wind-down until the middle of next month. All signs will then be removed from the branches, said a spokesman for the nationalised lender, marking the end of the Irish Nationwide brand.
The institution is to appoint property consultants to advise on the best approach to selling off the branches and its commercial and residential investment properties.
The former mutual started life as the Irish Industrial Benefit Building Society, which dated back to 1873.
:quality(70)/s3.amazonaws.com/arc-authors/irishtimes/2f17d73d-927c-4607-b082-c5959ede1efa.png)
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/VR3765MFOBH2NMV2QNICYDF67M.png)