Coventry Building Society promises to ‘broaden branch footprint’ with new Co-operative Bank deal

Coventry Building Society promises to ‘broaden branch footprint’ with new Co-operative Bank deal

DIGI Payment Choice Alliance Chair Ron Delnevo on bank branch closures

GB NEWS
Patrick O'Donnell

By Patrick O'Donnell


Published: 19/04/2024

- 16:39

Updated: 19/04/2024

- 17:01

Bank branch closures have impacted customers across the country but many financial institutions are promising to remain a fixture on the high street

Coventry Building Society has promised to “broaden” its national bank branch “footprint” amid its proposed takeover of Co-operative Bank.

The building society agreed to a merger deal with the bank for an estimated £780million, it was announced yesterday.


As part of the announcement, Coventry Building Society’s board outlined what this deal would mean for current and future members.

In the statement, the financial institution stated the it would “broaden the society’s channels and distribution capabilities including an enlarged, national branch footprint”.

This commitment to remaining on Britain’s high streets comes amid a wave of bank branch closures sweeping the UK.

Barclays, NatWest and Royal Bank of Scotland have been among the financial institutions to confirm closures in recent months.

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Coventry Building Society and the Co-operative Bank

The building society has promised to "broaden" its national branch footprint if the takeover takes place

GETTY

Here is a full list of Coventry Building Society’s current branches, according to the financial institution’s website:

West Midlands

Bedworth - 10 King Street, Bedworth, CV12 8HT

Birmingham, Chelmsley Wood - 10 Maple Walk, Chelmsley Wood, B37 5TS

Birmingham, Quinton – 516 Hagley Road West, Oldbury, B68 0BZ

Birmingham, Sheldon - 2166 Coventry Road, Sheldon, B26 3JB

Birmingham City Centre - 15 Corporation Street, Birmingham B2 4LP

Bulkington - 15 Leicester Street, CV12 9NQ

Coleshill - Clinton House, High Street, B46 3BP

Coventry, Arena Shopping Park - Unit 11, Arena Shopping Park, Classic Drive, CV6 6AS

Coventry, Bell Green - 1 Hall Green Road, Bell Green, CV6 7BX

Coventry, Binley Road - 43 Binley Road, Binley, CV3 1HU

Coventry, Cannon Park - 1 Cannon Park Centre, Lynchgate Road, CV4 7EH

Coventry City Centre - 5-11 Upper Precinct, Coventry CV1 1DD

Coventry, Cheylesmore - 167 Daventry Road, Cheylesmore, CV3 5HF

Coventry , Foleshill - 1 Station Street East, Foleshill, CV6 5FL

Coventry, Radford - 106 Jubilee Crescent, Jubilee Crescent, CV6 3ES

Coventry, Tile Hill - 351 Tile Hill Lane, Tile Hill, CV4 9DU

Coventry, Warwickshire Shopping Park - Unit 18, Warwickshire Shopping Park, Kynner Way, Binley, Coventry CV3 2SB

Kenilworth - 32 The Square, CV8 1EB

Leamington Spa, Parade - 11-13 Parade, CV32 4DG

Merry Hill - Unit L44, Merry Hill Shopping Centre, Brierley Hill, Dudley DY5 1SL

Nuneaton - 7-9 Queens Road, CV11 5JL

Rugby - 17 Regent Street, CV21 2PE

Shirley - 261 Stratford Road, B90 3AL

Solihull - 62-66 Poplar Road, B91 3AB

Southam - 53 Coventry Street, CV47 0EP

Stourbridge - 14 Ryemarket, DY8 1HJ

Stratford-upon-Avon - 41 Wood Street, CV37 6JG

Tamworth - Unit 38, Ankerside Shopping Centre, B79 7LG

Warwick - 17 Old Square, CV34 4RU

Wolverhampton - 5/6 Wulfrun Square, WV1 3HF

East Midlands

Daventry - 56 High Street, NN11 4HU

Hinckley - Unit B4a, The Crescent, Hinckley LE10 0QQ

Leicester - 5 Humberstone Gate, LE1 1WA

Milton Keynes - 578 Silbury Boulevard, MK9 3AF

Northampton - 10 Abington Street, NN1 2AJ

Nottingham - 1/2 Cheapside, NG1 2HU

Bath, Bristol and Somerset

Bath - 2A Wood Street, BA1 2JQ

Bristol - 47a Merchant Street, Bristol, BS1 3EE

Bristol, Keynsham - 38 High Street, BS31 1DX

Frome - 3 Market Place, BA11 1DQ

Gloucestershire and Monmouthshire

Cheltenham - 20 The Promenade, GL50 1LR

Chepstow - 1 Manor Way, NP16 5HZ

Chipping Sodbury - 78 Broad Street, BS37 6AG

Cirencester - 19 The Market Place, GL7 2NX

Dursley - 59 Parsonage Street, GL11 4BP

Gloucester - 11 Westgate Street, GL1 2NW

Lydney - 57 Newerne Street, GL15 5RA

Nailsworth - 5 Fountain Street, GL6 0BL

Stonehouse - 7 High Street, GL10 2NG

Stroud - 43 King Street, GL5 3DA

Tetbury - 4 Market Place, GL8 8D

Oxfordshire

Abingdon - 2/3 Market Place, OX14 3HG

Banbury - 93 High Street, OX16 5JE

Bicester - 54 Sheep Street, OX26 6LG

Kidlington - Unit 1b, The Hampden Building, High Street, Kidlington OX5 2FN

Oxford, Cowley - 52 Between Towns Road, OX4 3LR

Oxford, Queen Street - 19 Queen Street, OX1 1EP

Wiltshire

Bradford-on-Avon - 36 Market Street, BA15 1LL

Highworth - 39 High Street, SN6 7AQ

Melksham - 23 High Street, SN12 6JY

Swindon - 41 Regent Circus, SN1 1PX

Trowbridge - 7 Market Street, BA14 8HB

Wootton Bassett - 18 Borough Fields, SN4 7AX

Yorkshire

Sheffield - 24-26 Norfolk Row, S1 2PA.

Here is a full list of the Co-operative Bank’s branches, according to the financial institution’s website:

Essex, East Anglia & East

Chelmsford - 11 Market Road, Chelmsford, CM1 1XW

Colchester - Albert Hall Building, Colchester, CO1 1JW

Ipswich - 9-11 Queen St., Ipswich, IP1 1SW

Norwich - 14 Gentleman's Walk, Norwich, NR2 1NA

Romford - 1 South Street, Romford, RM1 1XP

Southend - 40 London Road, Southend, SS1 1NW

Midlands & South Yorkshire

Barnsley - 11 Peel Square, Barnsley, S70 2QT

Chesterfield - 15 Elder Way, Chesterfield, S40 1UX

Derby - 31 East Street, Derby, DE1 2AL

Doncaster - 31 St Sepulchre Gate, Doncaster, DN1 1TD

Leicester - 77/79 Market Place, Leicester, LE1 5EN

Nottingham - 2 Clumber Street, Nottingham, NG1 3GA

Sheffield - 60/62 Pinstone Street, Sheffield, S1 2HP

North West and Scotland

Bolton - 19 Knowsley Street, Bolton, BL1 2AS

Crewe -3 Earle Street, Crewe, CW1 2BS

Glasgow - 29 Gordon Street, Glasgow, G1 3PF

Liverpool - 1-3 Parker Street, Liverpool, L1 1DJ

Macclesfield - 12 Castle Street, Macclesfield, SK11 6AF

Manchester - 70/72 Cross Street, Manchester, M2 4JG

Oldham - 12 Market Place, Oldham, OL1 1HE

Preston - 147 Church Street, Preston, PR1 3UD

Rochdale - 110 Yorkshire Street, Rochdale, OL16 1JY

Stockport - 1 St Peters Square, Stockport, SK1 1NX

West Midlands

Birmingham - 118/120 Colmore Row, Birmingham, B3 3BA

Hanley - 2 Town Road, Hanley, ST1 2JE

Leek - 65 Derby Street, Leek, ST13 6HW

Newcastle-under-Lyme - 45 High Street, Newcastle-under-Lyme, ST5 1PN

Stafford - 42/43 Greengate Street, Stafford, ST16 2JA

Wolverhampton - 1/2 Dudley Street, Wolverhampton, WV1 3EN

London & South East

Brighton - 164/165 Western Road, Brighton, BN1 2BB

Croydon - 91 George Street, Croydon, CR0 1LD

Ealing - Po Box 718, Ealing, W5 2XA

Ilford - 101 - 105 High Road, Ilford, IG1 1DE

Islington - 25 Islington High Street, London, N1 9LQ

Lewisham - 151 Lewisham High Street, Lewisham, SE13 6AA

Wood Green - 195 High Road (Library Arcade), Wood Green, N22 6DP

South West, South Coast & Wales

Bristol - 14 Broadmead, Bristol, BS1 3HH

Caerphilly - Hazel House, Caerphilly, CF83 1JN

Cardiff - 16-17 High Street, Cardiff, CF10 1AX

Cwmbran - 40 Gwent Square, Cwmbran, NP44 1YU

Exeter - 242 High Street, Exeter, EX4 3QB

Newport - 27/29 Commercial Street, Newport, NP20 1HJ

Plymouth - 8 Old Town Street, Plymouth, PL1 1DE

Southampton - 61 Above Bar Street, Southampton, SO14 7DZ

North East & West Yorkshire

Chester Le Street - Front Street, Chester-Le-Street, DH3 3AW

Durham - 29 High Street, Durham, DH1 3PL

Huddersfield - 39 Market Street, Huddersfield, HD1 2HL

Leeds - 19/20 Commercial Street, Leeds, LS1 6AL

Newcastle upon Tyne - 131-135 Northumberland Street, Newcastle upon Tyne, NE1 7AG

Sunderland - 5/6 Fawcett Street, Sunderland, SR1 1RF

There has been a growing concern in recent years over the increase in bank branch closures with Which? describing it as happening at an alarming rate .

The consumer champion previously warned that three million Britons are at risk of losing sufficient access to cash.

LATEST DEVELOPMENTS:

Bank branch closure sign at NatWest Bank branch closures are continuing at an 'alarming rate', according to Which?GETTY

In May 2023, Age UK published a survey of over 65s which found that 39 percent of respondents with a bank account were not managing their cash online.

This is the equivalent to 4.09 million people and suggests a significant amount of the population is at “high risk of financial exclusion”.

Sam Richardson, the deputy editor of Which? Money, said: “A closed bank branch isn't just a high street eyesore, but one less place for consumers to go to withdraw cash or access in-person banking services.

“Alternatives like banking hubs could help plug the gaps, but they are being rolled out too slowly, so more must be done to ensure communities get these replacements for their closed bank branches as soon as possible.”

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