Seven ways banking has changed since the 1980s
Today just 3pc of Bank of Ireland customers do their banking over the counter in a branch. Back in the 1980s it would have been 100pc.
Cheques are now used for a minority of payments. In the 1980s it dominated how people paid for services, with most people getting paid from their employer with a cheque. This meant long queues in branches on Fridays.
Online banking and apps are the means for most people to carry out day-to-day financial transactions now. There was nothing like this in the 1980s.
3. Manager's job
The branch manager made the key decisions on loans and mortgages in the 1980s. Key decisions are now centralised in bank headquarters.
There was a plethora of banks and building societies in the 1980s. The financial collapse nine years ago has seen the disappearance of the likes of Bank of Scotland, Irish Nationwide, Anglo-Irish Bank and Danske, among others.
5. Rare ATMs
Back in the 1980s automated teller machines were only coming in and were few and far between. Now many shops have an ATM.
A job in a bank meant a good salary and the best pension in the 1980s. Now many new recruits are on contracts, with inferior pension arrangements.
7. Loan wait
It used to take days to get a personal loan. You needed a good savings record and the branch manager needed to know about you. Now you can get a loan online, with a number of banks promising you a loan decision within three hours.