Rosie Cooper MP

Working hard for the people of West Lancashire

19/01/10 Rosie Cooper MP supports increased services for the Pos

West Lancashire MP Rosie Cooper has announced her support for increasing the banking services available at all Post Office branches.

This comes on the back of the Government's launch of a consultation on the best way to expand financial services at the Post Office. The consultation sets out a vision for banking at the Post Office and outlines a series of proposals for new services the Post Office could offer.

The consultation reinforces the Government's commitment to a secure and sustainable future for the Post Office, following the decision in November 2008 to award it a new contract for the Post Office Card Account, and the investment of up to £1.7bn to 2011.

The proposed new services would include the availability of a Post Office children's account, a business account, budgeting account, closer links between the Post Office and credit unions, and the ability of all bank accounts to be accessed at a Post Office branch.

The Post Office is the ideal vehicle for the proposed expansion because it has a trusted brand and has more branches than all the High Street banks combined.

Post Office McFadden

Rosie Cooper MP said: "I support the Government's action to fully integrate the Post Office services with the banking system. This will benefit many West Lancashire residents with new services and the ability to take care of all their needs in one place.

"I've been particularly concerned with the integration of more services for rural Post Offices. When Newburgh residents expressed their concerns about their local Post Office closing in 2008, I fought to save it because of its importance to the community.

"Many West Lancashire residents care about the Post Office and have come to rely on the services it provides. I encourage everyone who uses the Post Office on a regular basis to make their views heard and let the Government know you support these measures."

Pat McFadden MP, Minister of State for Business, Innovation and Skills said: "At a time when some banks and financial services companies are seeking to reduce face to face contact with customers, the Post Office stands out. It offers a trusted brand, and has more branches than the high street banks combined. It is ideally placed to bring banking services back to the heart of people's communities."

 

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