The announcement by Bank of Scotland (Ireland) that it is pulling the plug on its remaining operations here has come as a major blow to workers and businesses alike.
It represents another change in the face of Irish banking, and how the landscape has changed over the past few years.
Who would have thought it would end like this, when Bank of Scotland (Ireland) first entered the Irish market more than a decade ago? At the time, it brought cheap mortgages and longer opening hours. It shattered the stranglehold of the existing banks.
The bank is no longer prepared to stay in Ireland because of limited growth opportunities.
There is a generation of Irish people who never knew a time when credit was hard to come by during the madness of the Celtic Tiger years.
But this will become more and more apparent as our banking choices become increasingly diminished.