It follows the announcement 15 branches are to close this summer, half the total amount in Northern Ireland.
“I was disappointed to hear of fifteen branches of First Trust banks closing in Northern Ireland,” he said.
“The closure of these branches will affect a lot of people, and moving facilities to the post office or expecting customers to switch to online banking is not an adequate alternative to in-branch services.
“While I am happy to hear there will be no forced redundancies for staff, 130 jobs are at risk and it’s a blow for the economy.
“Alliance will seek to meet with First Trust to see what other measures can be put in place to mitigate the effects of closing these branches.”