Closing of a Halifax bank in the city of Derbyshire
A Halifax bank in a Derbyshire town will close, owner Lloyds Banking Group has confirmed.
The Central Pavement branch in Chesterfield is one of 15 Halifax banks nationwide that will close as part of its latest restructuring plans.
A total of 29 Lloyds Bank branches across the country will also close over the next 12 months, but none of those scheduled to close are located in Derbyshire.
The other Chesterfield branch in Halifax at Knifesmithgate is immune from closure.
Lloyds Banking Group said the cuts are in response to a change in customer behavior, with digital banking services booming during the pandemic, and dropping from 4 million users to 18 million in the past five years, The Mirror reports.
Lloyds Banking Group Retail Director Vim Maru said: “Today we are announcing the closure of 29 Lloyds Bank branches and 15 Halifax branches because over the past five years we have saw significantly fewer customers transacting at these locations.
“Like many businesses on Main Street, we need to change for a future where branches are used in a different way and visited less often.
“. and 11,500 post offices, where our customers can bank and access cash.
Union Unite has confirmed that the majority of impacted colleagues will be redeployed with some voluntary departures.
Unite Country Manager Caren Evans said: “The decision by Lloyds Banking Group (LBG) to further erode its presence in our communities is puzzling.
“The closure of 44 additional bank branches will deprive our communities of essential services such as access to cash and highly skilled and experienced staff. A local ATM is not a suitable alternative to a staffed bank branch.
“Unite does not view the branch network as a disposable product and the union believes that the branch network has value far beyond its immediate marketability. Unite wants Lloyds Banking Group to invest in the branch network and commit to a meaningful presence in our communities. “
Lloyds Banking Group transactions have fallen by 10% per year in the five years to March 2020, and considerably more since the start of the Covid emergency.
Its latest figures show that 90% of customers have a branch within five miles of their home and 80% of products are opened online.
Below is a full list of Lloyds branches that are expected to close:
- Bournemouth Westbourne
- Cardiff Rumney
- Leeds Horsforth
- Stony (Stratford)
- Church village (Pontypridd)
- Morley (Leeds)
- Regent Street in London
- London Berkeley Square
- London Kentish Town
- London Gloves Hill
- Oakham (East Midlands)
- Quinton (Birmingham)
- Brighton Preston Circus
- Halstead (Essex)
- Holsworthy (Devon)
- Kempston (near Bedford)
- Tadley (Hampshire)
- Cheltenham Bath Road
- Newport Maindee
- Sedgley Dudley (Staffordshire)
Below is a list of branches in Halifax that are expected to close:
- Manchester Cross Street
- Plaistow West Ham
- Potters bar
- Harborough Market
- Chesterfield central sidewalk