Where should I setup a bank account in Hofn?

"Before retiring in Hofn, expats should know that the cost of living is relatively high compared to other countries. The official language is Icelandic, but English is widely spoken, especially by the younger generation. The climate is subarctic, meaning summers are cool and winters can be very cold, with frequent snow and rain. Healthcare in Iceland is of a high standard, but it's important to secure health insurance as medical costs can be expensive. Hofn is a small town, so while it offers tranquility and beautiful landscapes, it may lack the amenities and social opportunities of a larger city. Icelandic people are known for their friendliness and hospitality, but they also value their privacy and personal space. The country is very safe with low crime rates. Icelandic cuisine is heavily based on fish and lamb, and Hofn is particularly known for its lobster. The country has a strong cultural scene, with numerous festivals and events throughout the year. Public transportation in Hofn is limited, so owning a car can be beneficial. Lastly, it's important to note that Iceland has a high tax rate, so it's advisable to understand the tax implications before deciding to retire there," mentioned another expat when asked about moving to Hofn, Iceland.