Full list of 76 bank branches closing this month - including HSBC, TSB, Halifax, Barclays and NatWest
04.05.2023 - 09:53
/ manchestereveningnews.co.uk
Banks all across the country have seen a growing trend in people choosing online banking over going into their local branch.
This has led to many of the nation's leading banks to shut down branches, leading to 76 bank closures in May alone. While the shifted focus to digital platforms helps to cater to a large portion of customers that prefer online banking, it runs the risk of isolating older and more vulnerable customers that lack access to the internet and find it easier to sort their finances face-to-face.
A recent survey conducted by Accenture revealed that one out of three individuals still prefer conducting their banking activities in person. One surprising result of the survey is that one-in-five customers between the ages of 18 and 34 said they prefer banking in-person.
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This number skyrockets as you move into higher age groups. For example, nearly half of those surveyed aged 55 and above said they prefer in-person banking.
To help prepare you for any closures in your local area, we've broken down the full list of bank closures taking place this month...
A Barclays spokesperson said: "We are committed to staying in the community whenever we close a branch so that customers can continue to meet with a colleague face-to-face. We offer a range of accessible services for customers and have offered for a colleague working in the town to contact the customer to discuss how we can best support them with their banking needs.
"Whenever we close a branch we communicate with all regular customers to ensure they are aware of alternative ways to bank and offer support using digital.”
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