Lloyds Banking Group to close 45 branches early next year in ‘shift away from high street’ – see if you’re affected
LLOYDS banking group is closing another 45 of its branches as it makes a move away from high street banking.
The banking group confirmed 22 Halifax branches, 19 Lloyds branches and four under will be shut down.
It comes just one week after Natwest confirmed it was planning to axe another 19 branches.
The latest closures mean 623 branches have been shut so far this year as banks look to move away from the high street.
Data from the UK's largest cash machine network, LINK, keeps track of any planned branch closures across the UK.
Lloyds is set to close the bulk of the branches in March and April next year, with some also closing in August and a tranche in November.
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It means that at least 276 branches will be shut across Lloyds, Halifax and Bank of Scotland this year and next.
There has been a massive exodus of branches from the high street in recent years.
The largest number of closures announced this year have been Barclays branches, with the bank saying 185 of its sites are set to shut.
Lloyds is second with 131, followed by NatWest with 116, Halifax with 94, Virgin Money with 40, Bank of Scotland with 32, Ulster Bank with 10, TSB with nine, Royal Bank of Scotland with five, and one Nationwide branch.
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Here is the full list of recently announced closures:-
Halifax
- Barnet - March 12
- Ilford - April 15
- Barry - March 18
- Borehamwood - April 18
- Bridgwater - April 23
- Dagenham - May 15
- Dartford - March 18
- Daventry - April 17
- Diss - March 20
- Dereham - March 14
- Herne Bay - April 17
- Lymington - March 11
- Macclesfield - March 11
- Morley - April 16
- New Milton - April 23
- Orpington - March 12
- Penrith - March 19
- Spalding April 18
- Stafford - April 8
- Stamford - March 14
- Whitehaven - April 9
- Hessle - August 15
- Denbigh, Wales - December 4 (previously announced)
Bank of Scotland
- Bowmore - May 8
- Glasgow - March 21
- Helensburgh - August 15
- Tarbert - April 29
- Dunkeldv- December 5 (previously announced)
- Falkland - December 5 (previously announced)
- Dunoon - December 5 (previously announced)
Lloyds
- Brackley - March 26
- Penrith - March 19
- Selby - April 3
- West Shotton - March 19
- Rochester - April 4
- Burnham on Sea - November 13
- Putney - April 4
- Ruislip - March 13
- Warminster - November 14
- Willesden Green - March 21
- Whitley Bay - November 13
- Newtown April 3
- Droitwich - November 14
- Rugeley November 14
- Caernarfon - April 3
- Poole - November 13
- Dover - April 11
- Diss - March 20
- Mexborough - April 22
- St Neots - December 6 (previously announced)
Other branches are closing in December including Barclays, Virgin and Nat West.
See the full list below:-
Barclays
- Woodbridge - December 1
- Orpington - December 1
- Whitley Bay - December 1
- Norwich - December 1
- Edmonton Green - December 7
- Whitby - December 8
- Hove - December 8
- Durham - December 8
- Bicester - December 13
- Soho Square, London - December 14
- Stourbridge - December 15
Virgin Money
- Liverpool - December 5
- Kendal - December 6
NatWest
- Henrietta Street, London - December 5
What to do if your local bank branch closes
Even though a lot of people have moved to online banking some people still rely on going to a physical branch
Closures can be a worry for some, particularly elderly people in rural areas who don't have access to the internet.
However, if your local branch is set to close, or has recently, you have some options.
The post office can help you carr out most basic banking tasks.
You won't be able to apply for a loan or open a new bank account at one though.
You can find your nearest Post Office branch by using the locator tool on its website.
Meanwhile, many banks offer a mobile banking service - where they bring a bus to your area offering services you can usually get at a physical branch.
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Other banks use buildings such as village halls or libraries to offer mobile banking services.
It's worth contacting your bank to see what services they have available, and when they might next be in your area.
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