High street bank announces locations of branches set to close
Barclays is set to close a further 14 branches in the coming months.
PA
A major high street bank has named the branches soon set to shut after announcing it would be closing more locations.
Barclays will close a further 14 branches across England and Wales this year as a result of a growing trend of customers turning to online banking.
The 14 branches will close in June, with a number of “banking pods” opening up in their place across the country.
Several high street banks have now taken the decision to decrease the number of physical branches across the UK, including Barclays, HSBC, Lloyds and Santander.
54 banks have closed a week since 2015 on average in the UK.
PA
All four have shut over half of their branches in the last eight years.
Barclays customers will now have to use one of 200 banking pods, with a further 70 opening up in the first half of 2023.
Head of Everyday Banking at Barclays UK, Jo Mayer said the move to the pop up pods was to “help us to tailor our in-person support for each location, including support with digital skills.
“In areas where we close a branch, we will maintain our presence in that community offering an alternative face-to-face solution.”
The bank also runs an educational and support van which can offer customers financial advice.
The first bank, located in Loughton, will close on June 22, with a further 13 closing in the week that follows.
The list of banks closing is:
- 207 High Road, Loughton, England, IG10 1AZ - June 22, 2023
- 106 High Street, Honiton, England, EX14 1JW - June 23, 2023
- 10 The Square, Caterham, England, CR3 6XH - June 23, 2023
- 46 Rhosmaen Street, Llandeilo, Wales, SA19 6HF - June 23, 2023
- 65/67 Sandgate Road, Folkestone, England, CT20 1RY - June 23, 2023
- 66 Market Place, Chippenham, England, SN15 3JA- June 23, 2023
- 13/15 Victoria Square, Holmfirth, England, HD9 2DW - June 23, 2023
- 1 The Square, Holmes Chapel, England, CW4 7AF- June 27, 2023
- 28 Chesterton Road, Cambridge, England, CB4 3AZ - June 28, 2023
- 112 Woodcote Road, Wallington, England, SM6 0LY - June 28, 2023
- 24 Fore Street, Tiverton, England, EX16 6LE - June 28, 2023
- 38/42 High St, Mold, Wales, CH7 1BB - June 30, 2023
- 12 Station Street, Saltburn-by-the-Sea, England, TS12 1AB - June 30, 2023
- 337/339 Stanley Road, Bootle, England, L20 3EB - June 30, 2023
The first bank, located in Loughton, will close on June 22
PA
The number of banks in recent years has dropped dramatically, figures show in 2021 there were 8,810 banks in cities, towns and villages across the UK.
This is down from 13,300 in 2012 and 20,583 in 1988.
On average, 54 banks have closed a week since 2015 according to This is Money.
Some residents have had to travel as far as 15 miles in order to visit their nearest branch.