Other branches of Lloyds and Halifax are set to disappear from the high streets as their owner announced 28 more closures. The move will see 20 Lloyds Bank branches and eight Halifax branches closed between August and November.
Owner Lloyds Banking Group said the drop in usage was to blame. The Unite union said the decision affected 69 workers.
Lloyds Banking Group – which also owns the Royal Bank of Scotland – said each of the affected branches had an ATM or free post office within a mile, reports the Mirror.
A spokesman for Lloyds Banking Group said: “It remains true that online and mobile banking services continue to grow, as branch usage declines. On average, visits to these 28 branches have fallen by 60 % since 2016, when we now have 18.6 million regular online banking customers and over 15 million mobile app users.”
Caren Evans, Unite National Officer, said: ‘Branch closure today announced yet another for-profit financial institution fails to address the needs of consumers and staff beggars. This news is another example of a bank choosing to distance itself from communities that need access to banking services.
“The actions of Lloyds Banking Group over the past few months are completely inexcusable. The management let down the customers and their dedicated staff.
“These closures will leave some customers more than 10 miles from their nearest bank branch. It is a betrayal of some of the most vulnerable, elderly and socially excluded people in our communities who need local access to community banking services.
Unite said more than 5,000 branches of banks and building societies have closed since 2015. The new closures mean the banking group will have closed 88 branches by the end of 2022.
The full list of bank branch closures announced today is below.
Closure of Lloyds branches
Norwich Heartsease – 23/08/2022
Thatcham – 24/08/2022
Ashby de la Zouch – 08/25/2022
Billborough Nottingham – 08/31/2022
Broadstone – 08/31/2022
Letchworth – 09/01/2022
Nottingham Hyson Green – 06/09/2022
Oadby – 06/09/2022
London – 07/09/2022
Verwood – 07/09/2022
Ilfracombe – 09/12/2022
Whickham – 09/12/2022
Atherstone – 09/13/2022
Hadleigh – 09/14/2022
Swanage – 09/19/2022
Ystrad Mynach – 09/20/2022
Bourne – 11/21/2022
Heald Green – 11/22/2022
Banstead – 11/24/2022
Williton – 11/24/2022
Closure of Halifax branches
Coalville – 08/22/2022
Falmouth – 07/09/2022
Hoddesdon High St – 09/01/2022
Manchester Trafford – 09/05/2022
Lewes – 05/09/2022
Walton Vale – 08/09/2022
Dover – 13/09/2022
Dorchester – 11/22/2022
Britons can access some banking services at post offices due to a link between the banks and the mail delivery institution. Banks are paying the Post Office to do this to offset the impact of branch closures.
However, this range of services is limited compared to a real bank branch. You can’t open a bank account at a post office, for example, or fix problems with your account. What you can do at a post office also depends on which bank you are with.
If you are a Bank of Scotland, HSBC or Lloyds customer, you can use all of the Post Office’s banking services – withdraw and deposit money, check your balance and deposit a cheque. But if you’re dealing with Nationwide, all you can do is withdraw money and check your balance.