Bendigo Bank to Shut Down 28 Regional Agencies by October

Bendigo said it would be winding down the agency model by the end of October this year.

A branch of Bendigo bank in Melbourne, Australia on Aug. 20, 2012. AAP image/David Crosling

Bendigo Bank has announced it will close its 28—largely regional—third-party agencies nationally, citing a lack of use and “other relevant factors.”

Agency provide limited services through third parties like news agencies.