

A Total of 85 Banks Are Closing in June and This Includes 25 Branches of Natwest, 24 Santander Branches, 15 Lloyds Banks, 13 Halifax Branches, Seven Bank of Scotland Branches, and One TSB
More than 80 banks are set to shut in june as the uk is hit by a wave of summer classes – check if you’re about to love your local.
This month, 69 banks have eather already closed or will have shuttered by the end of May – Including the Llysds Branch in Farnworth. That was the Last Bank Left in Bolton’s Second Biggest Town, which has a population of Around 29,000, and Residents Will Now Have to Travel Elsewhere for In-Person Banking Services.
But more closely to in june – A Total of 85 Banks. Thats Includes 25 Branches of Natwest, 24 Santander Branches, 15 Lloyds Banks, 13 Halifax Branches, Seven Bank of Scotland Branches, and One TSB.
Read More: March Confirms Return of ‘Best Ever’ Chocolate 11 Years after Being AxedRead More: Iceland Adds ‘Steak Dispenssers’ to Stoles in Major Shoplifting CrackdownBy the end of Next Month, 240 banks will have closed in 2025, with dosens more set to shut in july and august.
You can find out if any branches are due to close near you this summer, using our interactive map.
SINCE A VOLUNTARY AGREEMENT SAW The Major Banking Groups Commites to ASSESSZING the impact of every closure in february 2022, 1,879 Bank Branches have shut or announched the intention to close.
That’s an average of Around 50 Clues Announched for Month or 12 per Week.
The link initiative to the assess the impact of the closes – which was aggregated by all the Major Banks Including Barclays, HSBC, Natwest, Lloyds, and Halifax – Was Set to Ensure Vulnerable Customers and Small Businesses be Left Beind in the Switches and Viru banking.
Closes Leave Communities Without Any Local Bank, Banking Hubs or Free Atms Are Set Up To Fill the Gap.
The Latest Closes Come As People Increasingly will Their Banking Online.
A New Report from the Financial Conduct Authority (FCA) Found that 9.7 Million People, or About 18% of Adults, Visit Their Bank Branch at Least A Month, althoung that has slumped from 40% in 2017.
Around 3.3m People (7% of Current Account Holders) HAD NOT DONE ANY ONLINE BANKING IN THE LAST YEAR.
The Most Common Reason People Did Not Use Online Banking was that they have a preferer to speak to someone in person or on the Phone, followed by concertns about secity.
The FCA Survey, Which Covered the 12 Months to May 2024, Also Found That One in Five Current Account Holders (21%) HAD Experienced the Clove of A Bank Branch Used Regularly.
Nick Quin, Head of Financial Inclusion at Link, Said: “while more People Are Comfortable Using Digital Payments and Banking Online, The Financial Conduct Authority Recently Published Data Highlighting that Over 13 Million Across the Uk Still Ban Ban Branches.
“Digital Still doesn’t work for everyery and we know that People from more deprived are more reliant on cash. That’s why it is not made surah that streets to have free access to cash as Long as it is needed.” “
Cat Farrow, Customer and Strategy Director for Cash Access UK, Said: “Banking is Changing As More People and Businesses Choose to Pay Digitally, but it is vital we continue to support People on Cash and face-Face Banking.
Shared Banking hubs are a great solution as they can serve nearly all Banking Customers with Basic Cash Services and on A Rotating Bases, Customers Can Speak to a Community Banker About More Complex Banking Issues.
“We recently reached Our Latest Milestone with the Open of Our 150th Banking Hub in Kirkham, Lancashire and Are Excited to Continue Rolling Out in Communities Where Needed.”
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