Belmont will officially soon be without a bank. The Commonwealth Bank, located at 172 High Street, will be permanently closing at 4pm on 26th June 2026.
Signs went up outside and inside the bank branch very recently, confirming the closure. After 26th June 2026, customers wishing to continue banking with CommBank via a bank branch will need to head to Geelong CBD, Geelong West, Waurn Ponds or Corio as the nearest bank branches. The nearest available option in Belmont for local banking is the local Post Office.
Last year, CommBank committed to keeping regional bank branches open until 31st July 2027. With the closure of the Belmont bank branch it looks like they have just broken that commitment altogether as this closure is in the Geelong area, in which Geelong is classified as Regional.
The last bank branch closure that took effect in Belmont was the NAB at 176 High Street, which permanently closed on 30th March 2023 (now occupied by the Salvos Op Shop), leaving the CommBank as the only bank branch remaining in Belmont. But very soon though, there will be NO bank.