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Lloyds is shutting 48 more bank branches – is yours one of them?

Lloyds is shutting 48 more bank branches – is yours one of them?

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Lloyds Banking Group has announced the closure of 48 branches early next year adding to 100 already shutting or shut in 2021.

The latest closures will affect 178 staff members at 41 Lloyds Bank and seven Halifax branches but the group said it had never made a compulsory redundancy when shutting a branch and was targeting voluntary redundancies or alternative roles for them.

Lloyds said that “significantly fewer” customers had been regularly visiting the affected branches over time.

Eight Halifax branches have also been earmarked for closure
Image:
Seven Halifax branches are to close

But Sharon Graham, general secretary of trade union Unite, said the decision was a “complete betrayal of the communities and staff who have long supported this highly profitable business”.

Lloyds said that nearly three-quarters of its 25 million customers were now active digital banking users.

Vim Maru, retail director for the group, said: “Like many other businesses, we’ve seen people using our branches less frequently in recent years, and this decline is continuing.

“Our branches remain a fundamental part of how we serve our customers but we need to ensure the size of our branch network reflects the number of customers wanting to use them.”

Lloyds also said that it was piloting a new network of “community bankers” to visit customers in the areas where they live.

The group said that of the newly announced closures, all had alternative access to cash within a third of a mile.

Charlie Nunn, chief executive officer of HSBC Wealth and Personal Banking division poses for a photograph in London, Britain February 19, 2020.
Image:
Charlie Nunn is the banking group’s new chief executive

Lloyds announced over the summer that it was to close 44 more bank branches between September and November, adding to 56 already shut earlier in the year.

The new closures will take place early in 2022.

Once complete, the group will have 738 Lloyds Bank branches, 553 Halifax branches, and 184 Bank of Scotland branches.

No Bank of Scotland branches are closing as part of the announcement.

Lloyds Banking Group is due to report third quarter financial results next week, the first under new chief executive Charlie Nunn.

Earlier this year it reported half-year pre-tax profits of £3.9bn.

Here is a list of the branches that are to shut and closing dates:

LLOYDS

Amesbury 28 February

Atherton 2 March

Attleborough 16 March

Balham 22 February

Berkhamsted 9 March

Birmingham Cotteridge 2 March

Birmingham Springfield 16 February

Brockworth 7 March

Cambridge Cattle Market 24 February

Coleford 15 March

Crewkerne 7 March

Darwen 8 February

Dorking 17 March

Earlestown 10 March

Garston 3 February

Great Bridge 17 February

Harpenden 23 February

Hatfield 1 March

Hull Holderness Rd 10 February

Kings Cross 3 February

Kirkby-in-Ashfield 7 February

Leagrave 15 February

Leatherhead 15 March

Maldon 15 February

Melksham 15 February

Muswell Hill 31 January

New Malden 14 February

Oxted 7 March

Penarth 9 February

Ponteland 8 February

Portsmouth North End 21 February

Prescot 28 February

Runcorn 1 March

Seaford 17 March

South Kensington 31 January

Southampton Hythe 7 February

St Marys Isle of Scilly 25 April

Sydenham 21 February

Tutbury 14 March

Windsor 8 March

Worthing George V Ave 2 February

HALIFAX

Bristol Whiteladies 1 February

Christchurch 1 February

Consett 3 March

East Grinstead 14 March

Portsmouth North End 22 February

Sevenoaks 24 February

Tewkesbury 2 February

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