Isle of Man Bank today announced the reduction of its branch network from January 7 2021 as it makes further investments in digital banking.

The move will see the bank's Peel and Castletown branches close.

This change in branch footprint brings with it the opening of a voluntary redundancy register across the bank. Isle of Man Bank is working with colleagues and trade unions to support colleagues affected by these changes.

Andrew McLaughlin, chief executive of RBS International said: ’In recent years we’ve seen significant changes in customer behaviour with more customers choosing digital for their everyday banking needs.’

We’ll have more on this story in tomorrow’s Isle of Man Courier.