Cabinet is also due to look at plans requiring supermarkets and pharmacies to keep accepting cash.
The government is due to sign-off on plans enforcing a certain number of ATMs per 100,000 people and within 10km of where they live.
Its hoped the plans will make sure rural and older communities won't be marginalized in a future society.
Most recent figures from the CSO show there are 42 financial service institutions per 100,000 people in the midlands.
Also included in today's proposals are plans requiring supermarkets, newsagents and pharmacies to keep accepting physical money.
Longford Westmeath Fianna Fáil TD Joe Flaherty says there will always be people who prefer to deal in cash:
As of yet, the move hasn't been met with any backlash.
In fact, quite the opposite.
Many retailers don't want to limit themselves to one or the other.
Especially as things like phone coverage, or internet and power outages can leave them stuck.
It's essential for pharmacies to offer cash options to customers, according to a midlands pharmacist.
Eamonn Brady from Whelehan's Pharmacy in Mullingar, says keeping cash "is needed," with a large proportion of their customer base being older people.
He says he's in favour of the legislation:
Offaly Community Organisations Awarded BnM Funding
Former Army Ranger Praises Public Defence Forces Training
RNLI Christmas Pop Up Shop Takes Place This Weekend
Midlands Prison Ranks Top Two For Serious Complaints
High Court Quashes Lissywollen Ministerial Order
Solicitor For Westmeath Family Says High Court Action Added To Trauma
Father Who Raped And Threatened To Kill Daughter Jailed For 12 years
Country Music Night To Take Place In Laois
Offaly Driving Instructor Criticises New Learner Driver Rules
Offaly Community Groups Receive Over €164k In Funding From Bord na Móna
Mental Health Charity Highlight Tips For Stress Awareness Week
Family Of Joe Drennan Express Relief At Extended Sentence For His Killer
Midlands MEP Urges Tougher Stance On EU Nitrates Deal
Midlands Prisons Linked To One In Three Inmate Deaths
Laois Councillor Calls For Livestreaming Of Meetings
Two Men Charged After Cross Border Terrorism Investigation In Laois
Sentence Increased For Driver Who Killed Laois Student In Hit And Run
HSE Warns Poultry Farmers To Get Flu Shot Amid Bird Flu Cases
Westmeath Farmers Encouraged To Attend Election Debate