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Banking hub opens as Sherborne's last bank prepares to shut
Banking hub opens as Sherborne's last bank prepares to shut

BBC News

time2 days ago

  • Business
  • BBC News

Banking hub opens as Sherborne's last bank prepares to shut

A banking hub has opened ahead of the closure of a town's last remaining bank hub in Sherborne has opened up in the former Natwest branch at 50 Cheap Street ahead of the permanent closure of Lloyds on 75 Cheap Street on 7 banks at the hub work on a rotating basis, with five different banks available each day through the banking hub, owned by not-for-profit company Cash Access UK and operated by the Post Office, is open from 09:00 to 17:00 on weekdays. It also has an external cash machine. The hub can be used to pay in and withdraw cash/cheques on any week day, but customers can only book appointments with the respective bank consultants on their allocated day. Sherborne Community Banker Schedule:Mon: BarclaysTue: LloydsWed: SantanderThu: NatWestFri: HSBC (start date TBC) Cash Access UK is funded by major high street banks to provide cash and basic banking services in communities across the currently has 150 banking hubs the more unusual locations for banking hubs are a former sardine factory and a converted public toilet. You can follow BBC Dorset on Facebook, X (Twitter), or Instagram.

Natwest to close Wiltshire town centre branch this year
Natwest to close Wiltshire town centre branch this year

Yahoo

time2 days ago

  • Business
  • Yahoo

Natwest to close Wiltshire town centre branch this year

NatWest has confirmed that it will close its Trowbridge branch later this year as it reveals the closing date. NatWest has published a list of branch closures, with a number of Wiltshire branches set to be axed, including Chippenham and Trowbridge. The Wiltshire bank closures are among 55 nationwide, with a swathe of town centres across the UK to say goodbye to vital banking resources. The bank has confirmed the Trowbridge branch at 62 Fore Street will close its doors for good on October 16, 2025. In a document detailing plans for the closure, the bank informed customers its services could be accessed online. The document includes details of the nearest NatWest branches are in Bath, Kingswood in Bristol, and Wells. In addition, NatWest customers will be able to use banking hubs operated by Cash Access UK, including the Westbury branch. Recommend reading: Plant nursery's new owner off to a 'good start' Council is 'not permitted' to install cameras in illegal parking crackdown Town centre shop unit goes on the market According to the Sun, NatWest has more than 19 million customers and it says over 3.5 million customers use online banking. A spokesperson told the paper that the move was driven by more customers 'than ever before' using digital banking. Banking in south west Wiltshire has taken a hit in recent years. In nearby Warminster, the Lloyds bank building closed in December last year, with MP Dr Andrew Murrison lamenting the impact the closure could cause. Last week, Loungers Ltd confirmed it would be turning the high-street building into a lounge bar. Trowbridge also saw banking turbulence earlier this year after a Honda ploughed through the front, forcing the bank to shut for repairs. However, the branch reopened at the end of May, offering in-person banking once again. On the afternoon of Wednesday, May 28, customers could be seen entering the branch and using facilities inside. The establishment's Google Maps page also shows the branch is operating under its normal hours. A spokesperson for Nationwide confirmed the branch reopened on May 19. On Friday, March 14, shortly before 2:30pm, the hatchback smashed into of the branch on Castle Street, Trowbridge. Following the incident, the branch was boarded up, with a notice taped to the front of the bank reading: 'The branch is currently closed, we are working as quickly as possible to re-open'.

Plans to open banking hub in Ashby-de-la-Zouch announced
Plans to open banking hub in Ashby-de-la-Zouch announced

BBC News

time3 days ago

  • Business
  • BBC News

Plans to open banking hub in Ashby-de-la-Zouch announced

Plans to open a banking hub in Ashby-de-la-Zouch have been will consist of a counter service, operated by Post Office employees, where customers of any bank can withdraw and deposit cash, make bill payments and carry out banking recommendation from Link, the UK's cash access and ATM network, comes after NatWest announced it would be closing the town's branch on 18 Access UK, which will deliver the hub, is set to consult with the community and search for potential locations. The new hub, which will be the fourth in Leicestershire, is expected to open in June the UK there are 160 banking hubs, including those in Lutterworth, Syston and Market Harborough. The banks work on a rotating basis, so there will be staff from different banks available on different days of the week, Link Chris Ashton, chief commercial officer of Link, said: "While more people are choosing to bank and pay for things digitally, we know that many people still rely on cash and face-to-face banking."That's why we're delighted to recommend the hub in Ashby-de-la-Zouch."

Banking hub offering face-to-face services to town
Banking hub offering face-to-face services to town

Yahoo

time22-04-2025

  • Business
  • Yahoo

Banking hub offering face-to-face services to town

A new banking hub has opened, after a town was left with only a single building society for local residents. Liberal Democrat MP Adam Dance put in the request for the service to be introduced in Crewkerne, Somerset, and became its first customer. Alice Samuel, the town's mayor, said the benefit of the hub is "you don't have to travel out of town, it's there and it's accessible". Crewkerne is the latest town in the county to get the service, following Wellington and Frome. Ms Samuel said: "Lots of people don't feel confident doing online banking, or even speaking on the phone to banks, so you can actually speak to someone from your bank face-to-face." Cat Farrow, customer and strategy director from Cash Access UK, said: "The way people are banking is changing, for that reason banks have closed branches but the great thing about banking hubs is they can share facilities. "It's a much more efficient way of doing things." More news stories for Somerset Listen to the latest news for Somerset Follow BBC Somerset on Facebook and X. Send your story ideas to us on email or via WhatsApp on 0800 313 4630. Sign in to access your portfolio

Banking hub opens in Crewkerne to help customers face-to-face
Banking hub opens in Crewkerne to help customers face-to-face

BBC News

time22-04-2025

  • Business
  • BBC News

Banking hub opens in Crewkerne to help customers face-to-face

A new banking hub has opened, after a town was left with only a single building society for local Democrat MP Adam Dance put in the request for the service to be introduced in Crewkerne, Somerset, and became its first Samuel, the town's mayor, said the benefit of the hub is "you don't have to travel out of town, it's there and it's accessible".Crewkerne is the latest town in the county to get the service, following Wellington and Frome. Ms Samuel said: "Lots of people don't feel confident doing online banking, or even speaking on the phone to banks, so you can actually speak to someone from your bank face-to-face."Cat Farrow, customer and strategy director from Cash Access UK, said: "The way people are banking is changing, for that reason banks have closed branches but the great thing about banking hubs is they can share facilities."It's a much more efficient way of doing things."

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